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.

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