by Teuvo Tuomi | Sep 16, 2024 | News, Business, Digitalization, Economy, Technology, Thailand
Thailand’s software sector outperformed other digital sectors last year with a growth of 12.8%, earning 215 billion baht. Main reasons were investment in advanced technology such as artificial intelligence (AI), data analytics, cloud computing, and...
by Teuvo Tuomi | Sep 15, 2024 | Japan, AI, Digitalization, Technology, Transportation, Travel
East Japan Railway (JR East) plans to launch self-driving trains by the fiscal year 2028. JR East will deploy driverless trains with increasing degrees of automation. First, it will run bullet trains for the Joetsu Shinkansen line by fiscal year 2028. During the...
by Teuvo Tuomi | Aug 21, 2024 | News, Digitalization, Technology, Thailand
According to an insider, five companies and joint ventures have applied to establish a virtual bank in Thailand after the Bank of Thailand (BOT) opened applications in March. After applications close on 19 September, the BOT will select three qualified operators to...
by Teuvo Tuomi | Aug 7, 2024 | Thailand, Digitalization, Investment, Korea, Technology
South Korean car giant Hyundai Motor will invest 1 billion baht (US$28 million) to set up a facility to assemble electric vehicles (EVs) and batteries in Thailand, according to the country’s Board of Investment (BOI). Thailand’s booming EV sector is...
by Teuvo Tuomi | Aug 3, 2024 | China, Digitalization, Environment, Innovation, News, Technology, Transportation
Uber Technologies and BYD have announced a multi-year strategic partnership designed to bring 100,000 new BYD electric vehicles onto the Uber platform across key global markets. Beginning first in Europe and Latin America, the partnership is expected to offer drivers...
by Teuvo Tuomi | Jul 21, 2024 | Singapore, AI, ASEAN, Digitalization, Innovation, Investment, News, Southeast Asia, Technology
The Monetary Authority of Singapore (MAS) has promised an additional S$100 million (74.3 million USD) to bolster the development of quantum and artificial intelligence technologies within the financial sector. This investment, allocated under the Financial Sector...
