Thailand - Asia Tech Wire

Thailand

2024.11.01

09:13

Thailand approves $2 billion in data center and electronics manufacturing investment projects

Asia Tech Wire (Nov 1) -- The Thailand Board of Investment (BOI) announced on Friday the approval of new investment projects in electronics manufacturing and data centers worth a total of 66.9 billion baht ($2 billion).

2024.10.22

08:57

Nvidia may announce investment plans in Thailand in December

Asia Tech Wire (Oct 22) -- Nvidia may announce plans to invest in Thailand in December, according to Bloomberg.

07:11

ByteDance mulls new data center in Thailand, report says

Asia Tech Wire (Oct 22) -- BytePlus, a subsidiary of ByteDance, is considering building a data center in Thailand next year to offer cloud and artificial intelligence-based services, according to the Bangkok Post.

2024.09.20

08:28

GAC's EV unit Aion to expand to 70 dealerships in Thailand this year.

Asia Tech Wire (Sep 20) -- Aion, the electric vehicle unit of Chinese state-owned automaker Guangzhou Automobile Group, will expand to 70 dealerships in Thailand this year.

2024.08.07

06:06

Thailand approves Hyundai's $28 million investment plan for EVs, batteries

Asia Tech Wire (Aug 7) -- The Thailand Board of Investment (BOI) announced on Wednesday the approval of Hyundai Motor's investment plan worth 1 billion baht (about $28 million).

2024.08.05

07:46

Thailand's premium EV sales down 35% in H1

Asia Tech Wire (Aug 5) -- Sales of premium electric cars in Thailand fell 35% year-on-year in the first half of this year, according to the Bangkok Post.

2024.07.26

10:00

Thailand approves tax breaks for hybrid cars, hopes to attract $1.38 billion in investment

Asia Tech Wire (July 26) -- Thailand approved tax breaks for hybrid cars in hopes of attracting 50 billion baht ($1.38 billion) in investment.

2024.07.11

09:14

Tencent-backed Thai music giant aims to go public as soon as this year

Asia Tech Wire (July 11) -- Tencent-backed Thai music giant GMM Music is aiming to go public as soon as this year, according to Bloomberg.

2024.07.08

07:05

BYD to buy 20% stake in Thai dealer Rever

Asia Tech Wire (July 8) -- China's largest electric car maker BYD (1211.HK) will buy a 20% stake in Rever Automotive, its local distributor, after setting up a factory in Thailand.

2024.07.05

07:20

Thailand steps up efforts to attract investment in data centers

Asia Tech Wire (July 5) -- Thailand is increasing its efforts to attract investment in data centers.

04:21

BYD takes over 40% of Thailand's new energy vehicle market

Asia Tech Wire (July 5) -- BYD Chairman Wang Chuanfu said the Chinese electric car maker has more than 40% of Thailand's new energy vehicle market.

2024.07.04

06:03

BYD opens its first Southeast Asian EV plant in Thailand

Asia Tech Wire (July 4) -- Chinese electric car maker BYD announced the launch of its Thailand plant on Thursday.

2024.06.26

08:25

Japan's MUFG said to invest $195 million in Thai payments firm

Asia Tech Wire (June 26) -- Japan's Mitsubishi UFJ Financial Group (MUFG) will invest $195 million in payments company Ascend Money, part of Thai retail and telecoms conglomerate Charoen Pokphand Group, according to Nikkei.

2024.06.21

04:13

Samsung's U.S. subsidiary building $80 million advanced electronics plant in Thailand

Asia Tech Wire (June 21) -- Samsung Electronics' U.S. subsidiary Harman is building an $80 million advanced electronics factory in Thailand.

2024.06.07

09:00

Suzuki to stop production in Thailand, focus on EV transition

Asia Tech Wire (June 7) -- Japan's Suzuki Motor Corp. will stop production in Thailand to focus on the transition to electric vehicles.

Email Subscription

Newsletters and emails are now available! Delivered on time, every weekday, to keep you up to date with North American business news.

Weekly Highlights

                                    Taiwan's weighted index rose 2.6%, with semiconductor stocks leading the gains, and TSMC rising more than 4%
                            2024-12-23

                                    Huawei's Automotive BU spin-off is in the countdown, and old employees are expected to receive extra compensation when they transfer to other companies? Insider: I haven't heard of it.
                            2024-12-27

                                    Tuanmaimai, the WeChat community group buying business under Meituan (03690.HK), issued an announcement stating that due to platform business adjustments, Tuanmaimai will cease operations from 24:00 on December 31, 2024.
                            2024-12-23

                                    Mao Yinian, Vice President of Meituan: Meituan has invested in several robot companies including Yushu and Galaxy General
                            2024-12-27

                                    A-share SMIC rose more than 5%
                            2024-12-27