News
Fraudsters are scamming millions from Thai Android users
The Thai Bankers’ Association (TBA) says that fraudsters used an Android exploit to defraud victims out of over $14.4 million last year. And it’s getting worse. Read more…
Thailand
Off the Wire
True and ZTE release Thailand’s first 50G PON prototype
Thailand’s True Online has joined hands with ZTE Corporation to launch Thailand’s first 50G PON prototype in Grand Fortune Hotel. Read more…
News
Tesla enters Thailand’s competitive EV market
Tesla launched two EV models in Thailand, marking its first foray into the regional autos hub that has long been dominated by Japanese manufacturers. Read more…
News
AIS and SCB abandon their digital banking JV
AIS says it is backing out from a JV with Siam Commercial Bank (SCB) that aimed to provide digital banking services. Future dealings are still on the table. Read more…
News
AIS asks Thai court to halt approved True-DTAC merger
Incumbent operator AIS petitions Thailand’s Central Administrative Court to revoke regulatory approval of the planned merger between True Corp and DTAC. Read more…
News
True grows 5G base but loses money on rising costs
True widened its loss for a third consecutive quarter as 5G rollouts contributed to rising costs. Ironically its mobile business was the lone growth driver. Read more…
News
Thailand’s NBTC looks for ways to hobble True-DTAC merger
Three of the five board members of Thai telecoms regulator NBTC are looking to apply tough remedies to the controversial merger deal between True and DTAC. Read more…
News
AWS plans to build new Asia-Pacific Region in Thailand
Amazon Web Services (AWS) says it plans to invest $5 billion in Thailand over the next 15 years to strengthen its cloud infrastructure in the country. Read more…
Off the Wire
True Group and ZTE sign 5G innovation cooperation agreement
ZTE has signed a 5G innovation agreement with True Group in Thailand to comprehensively carry out 5G-oriented innovative technology and business cooperation. Read more…
News
Phygital retail: why a Bangkok mall is betting big on it
Siam Discovery, a Bangkok shopping mall, has launched its new phygital retail activation that it believes offers a glimpse into the future of shopping. Read more…
News
Thailand launching CBDC retail digital currency
Thailand’s central bank is the latest to announce plans to test a retail digital currency, which it expects to launch by late this year to mid-2023. Read more…
News
Thai authorities probing crypto exchange Zipmex
Thailand’s SEC working with law enforcement to look into potential losses among the public after the crypto exchange Zipmex. Read more…
News
Thailand admits using surveillance software to track people
Thai minister has admitted the country uses surveillance software to track individuals in cases involving national security or drugs. Read more…
News
Shortage of foreign worker hinders Thailand’s post-COVID recovery
At a time when Thailand is starting to reopen after the pandemic, the country is facing a critical shortage of foreign workers. Read more…
News
AIS to buy 3BB, plus a stake in JASIF, to bolster NewCo defenses
AIS strikes separate deals to buy a 99.87% stake in 3BB and a 19% stake in JASIF for a combined $908 million as NewCo merger looms. Read more…
News
NewCo needs 5G to compete, and that’s good for Thailand’s 5G ambitions
As Dtac and True become NewCo, the new company will need to invest in 5G if it wants to compete with AIS on a level playing field: Ookla. Read more…
News
Mercedes to produce its luxury EQS EVs in Thailand
Mercedes-Benz is set to begin production of its electric EQS sedan in Thailand, one of only seven locations in the world to produce it. Read more…
News
Ehang and CP form JV to develop urban air mobility in Thailand
EHang and CP Group aim to develop AAV technology to bring new value propositions for tourism, logistics, and public safety. Read more…
News
Cannabis tech is a thing, and Thailand wants to lead the race
Thailand will open a specialized cannabis research facility as it looks to bolster its position in the global cannabis tech leadership race. Read more…
News
Luxury brands and crypto don’t go well together
Luxury fashion houses plan to accept cryptocurrency payments but Thailand has already proven why this won’t work Read more…