The Q2 snapshot of Thailand’s tech news headlines, quarterly, covering April, May and June of 2024.
In June 2024 | In May 2024 | In April 2024
Techsauce Global Summit 2024, Thailand
June 2024 Tech news: Thailand
- Thailand: SPACE-F food-tech incubator and accelerator rolls out Batch 5, selecting 20 startups addressing current and future food industry challenges / full item
- Thailand: Ugly Veggies Plus research project launched by Khon Kaen University and partners, looking at blockchain in supply chains for organic produce / full item
- Thailand: TechSauce Global Summit is set for August 7-9 in Bangkok, featuring over 300 speakers, tech expo and more / full item
- Thailand: China’s GalaxySpace satellite maker establishes first overseas ground test station for low Earth orbit services at Mahanakorn University / full item
- “This cooperation provides a platform that local enterprises and universities can use to research low-orbit satellite communication systems, and helps boost the development of Thailand’s related technological capabilities and application scenarios,” said Liu Chang, vice president of GalaxySpace. / read further
- Thailand’s National Innovation Agency inks MOU with Asia Berlin Forum to boost tech and starutp networks, business matching, and investment opportunities in Europe / full item
- Thailand’s GMM Music, publishing unit of Thailand’s biggest media/entertainment entity, partners China’s Tencent Music in $70M share purchase deal, with Tencent taking 10% ownership / full item
- “…data showed that from January 2022 to March 2023, a total of 1,704 factories ceased operations… domestic manufacturers faced fierce competition from low-priced imported goods…” / full item
June 2024: Critical technologies, globally
May 2024: Thailand’s tech news
- A look at the Bank of Thailand’s PromptPay platform, providing digital payments via mobile, or simply National ID number / read it here
- Thailand: Local startups hope to boost digital commerce as a result of PM’s digital baht giveaway scheme / read it here
- Thailand: Nat’l Broadcasting & Telecoms Commission cuts ‘net and mobile services to Myanmar’s Shwe Kokko over wide range of criminal activities, including online scams / read it here
- Thailand: Microsoft inks agreements with gov’t to build cloud and AI infrastructure in Thailand, and to deliver AI skilling to over 100,000 citizens / read it here
- Thailand: Tops, the food business of Central Retail supermarket chain, partners Jaikla startup to repurpose excess and waste food into insect farm food, producing insect-protein pet foods / read it here
- “Kaspersky said that in 2023 it detected 109,315 ransomware incidents in Thailand, the highest in the region. Indonesia was second with 97,226.” / read it here
- Thailand’s Betagro launches Betagro Ventures with $30M fund focused on food and agri tech sectors / read it here
- Thailand: Gov’t Digital Economy Promotion Agency invests in Techsauce Media, backing the company’s 4 THAI strategy which aims to place Thailand as a gateway to Asia’s tech scene / read it here
- Thailand: Techsauce Global Summit 2024 set for August 7-9, featuring startup showcase, business matching, workshops and over 130 sessions / read it here
- Everex payments firm reportedly presented at ASEAN central bank governor and finance meeting, demonstrating blockchain-based payments between Thailand and Myanmar / read it here
- Tokyo Metro Gov’t inks MOU with Startup Island TAIWAN and Thailand’s Nat’l Innovation Agency during SusHi Tech Tokyo 2024, aiming to boost startup ecosystem collaborations / read it here
- South Korea’s KB Kookmin Card credit card issuer partnered by Int’l Finance Corp to boost financial access for Indonesia’s small businesses, and to lift digital inclusion in Thailand / read it here
McKinsey Digital: Technology Trends Outlook 2024
April 2024 tech news from thailand
- Thailand joins China-led International Lunar Research Station project, joining Venezuela, Pakistan, Azerbaijan, Belarus, South Africa and Egypt / read it here
- Thailand’s National Innovation Agency inks MOU with Korea Tourism Organisation around travel-tech, aiming to boost startups in sector and shared ecosystems / read it here
- Thailand: AIS The StartUp digital infra provider, Stock Exchange of Thailand, National Innovation Agency and Thai Startup Ass’n join for ESG education programme / read it here
- Thailand: PM announces much-delayed election-pledge digital wallet scheme, with 50 million citizens able to register in Q3 for 10,000 baht giveaway wired to accounts in Q4 / read it here
- China’s NETA Auto enters mass production in Thailand, targeting output of 20,000 EVs annually / read it here
- FinTech Australia and Thai Fintech Association ink MOU around collaboration and promotion of fintech capabilities between Australia and Thailand / read it here
- Thailand PM reportedly in talks with Cambodia, Laos, Malaysia, Myanmar and Vietnam around a Schengen-style scheme allowing visa-free travel within the 6-country bloc / read it here
Panthur: Affordable web hosting services in Australia
South east Asia technology news
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