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Battle for Three Thai Virtual Bank Licenses Is Heating Up

Battle for Three Thai Virtual Bank Licenses Is Heating Up

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...
Floating Solar Power Plant Will Be Built in West Java

Floating Solar Power Plant Will Be Built in West Java

by Teuvo Tuomi | Aug 19, 2024 | Indonesia, Energy, Environment, News, Technology

State-owned PT PLN Indonesia Power is collaborating with a Saudi Arabian company to construct a 60-megawatt floating solar power plant on the Saguling Reservoir in West Java. The project aims to bolster Indonesia’s renewable energy sector, according to the PLN...
China Launches First Batch of Qianfan Satellites

China Launches First Batch of Qianfan Satellites

by Teuvo Tuomi | Aug 9, 2024 | China, News, Space, Technology

China has launched 18 communications satellites from the Taiyuan Satellite Launch Center in Shanxi province. According to the plan, 648 satellites will be deployed by the end of next year. Developed by SpaceSail, the Qianfan network will provide high-speed, secure and...
Hyundai to Invest One Billion in EVs in Thailand

Hyundai to Invest One Billion in EVs in Thailand

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...
Uber and BYD Announce Partnership

Uber and BYD Announce Partnership

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...
Sample from Moon Excites Bangkokians

Sample from Moon Excites Bangkokians

by Teuvo Tuomi | Jul 31, 2024 | News, China, Research, Space, Technology, Thailand, Visions

A rare opportunity to see soil from sample from China’s Chang’e-5 mission to the moon has excited crowds in Bangkok. The 75-milligram sample named “The Moon Shines Bright On Me” invited visitors on a journey to the moon’s surface....
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