Kakao Entertainment secures $966 mln investment from sovereign wealth funds
SEOUL, Jan 12 (Reuters) - Tech conglomerate Kakao Corp. said on Thursday unit Kakao Entertainment secured a 1.2 trillion won ($966.27...
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Jan 12, 20231 min read
Merged True-DTAC to be called True Corp
The boards of the telecom operators True Corporation and Total Access Communication (DTAC) have agreed to call their merged company True...
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Jan 12, 20231 min read
Bangchak acquires most of Esso Thailand
SET-listed Bangchak Corporation Plc (BCP) has acquired a 65.99% stake worth 55 billion baht in Esso Thailand mainly from ExxonMobil Asia...
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Jan 12, 20232 min read
The Bank of Thailand issues Consultation Paper on Virtual Bank Licensing Framework
In February 2022, the Bank of Thailand (BOT) issued the Financial Landscape Consultation Paper on Repositioning Thailand’s Financial...
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Jan 11, 20231 min read
Uniqlo owner gives Japan Inc a jolt with 40% wage hike
TOKYO, Jan 11 (Reuters) - Uniqlo parent Fast Retailing Co Ltd. on Wednesday said it would raise wages by as much as 40%, a clear sign...
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Jan 10, 20231 min read
SCB 10X Invests in Token Unlocks to Amplify Transparency of Tokenomics Data
SCB 10X, the venture investment arm of SCBX group, announced today in the seed round of Token Unlocks, a comprehensive token vesting...
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Jan 5, 20231 min read
Fintech giant Ant Group gets green light for $1.5 billion fundraising plan
Chinese regulators have approved Alibaba’s fintech affiliate Ant Group’s RMB 10.5 billion ($1.5 billion) fundraising plan for its...
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Jan 5, 20231 min read
Amazon will lay off more than 18,000 workers
New YorkCNN — Amazon says it plans to lay off more than 18,000 employees as the global economic outlook continues to worsen. Several...
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Jan 3, 20231 min read
Thai’s ‘Airbnb for surgeries’ secures $6m funding
HD, a Thailand-based healthcare marketplace, has raised US$6 million in a funding round from Partech Partners, M Venture Partners, AC...
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Jan 3, 20231 min read
Apple suppliers told to make less components as demand reduces
Apple has asked suppliers to make fewer components for the AirPods, MacBook, and Apple Watch families in the first quarter of this year...
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Dec 27, 20221 min read
Seven key trends expected to influence financial services in 2023
Cloud, real-time payments, and embedded finance are among seven key financial trends predicted for 2023, Mambu, a cloud banking platform,...
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Dec 26, 20221 min read
AIS - ZTE are first to trial URLLC, showcasing low latency of 1 ms on the 2.6 GHz 5G network
AIS has been collaborating with Chinese digital tech giant ZTE Corporation to launch A-Z Center, the first 5G innovation hub in Thailand....
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Dec 23, 20221 min read
Siam Commercial Bank wins two world-class awards
Siam Commercial Bank (SCB) has once again proven its superiority by being selected for prestigious Best Bank of The Year in the...
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Dec 20, 20221 min read
UOBT prepares car title loan service for next year
United Overseas Bank (Thai) or UOBT plans to formally offer a car title loan service next year as part of its business expansion. The...
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Dec 20, 20221 min read
InnovestX reveals investment strategies for 2023 with SET Index targeted at 1,750 points
InnovestX believes that economic activity will continue to deteriorate in 2023 due to a gradual increase in interest rates, which...
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Dec 17, 20221 min read
Digital city planned for EEC next year
Construction of a 5-billion-baht Silicon Tech Park, expected to be a model for Thai digital cities, is set to start next year in the...
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Dec 15, 20222 min read
Get to Know the Digital Baht
Currently, governments of different countries are gradually issuing their own digital currencies, such as China, Sweden, France, and soon...
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Dec 15, 20221 min read
KTB set to roll out digital loans on Pao Tang in 2023
Krungthai Bank (KTB), a developer of the Pao Tang digital payment application, aims to offer digital loans on the mobile app next year....
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Dec 14, 20221 min read
Grab banking on Phuket tuk-tuk service
Super-app Grab has launched "GrabTukTuk" service in Phuket, aiming to capture tourists flocking to the southern island following the...
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Dec 14, 20221 min read
Binance withdrawals hit $1.9 bln in 24 hours, data firm says
LONDON, Dec 13 (Reuters) - Binance has registered $1.9 billion of withdrawals in the past 24 hours, blockchain data firm Nansen said on...
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