Tech in Asia — Alibaba Group Holding Ltd.’s financial affiliate is planning to purchase a 20 percent stake in Thailand’s Ascend Money in a bid to become a key financial services player in Southeast Asia. An investment into Ascend Money, parent of True Money and Ascend Nano, would help Ant Financial expand its online payments and small loans business in Southeast Asia.
Nation Multimedia — CAT Telecom and Indian telecom giant Tata Communications will sign a memorandum of understanding for a submarine cable partnership today. This is part of the government’s plan to seek more strategic partners in the telecom industry during Prime Minister Prayut Chan-o-cha’s three-day visit to India that ends tomorrow.
Nation Multimedia — The recent establishment of Chinese tech giant Huawei’s Regional Headquarters (RHQ) in Bangkok is another signal that Thailand could become a truly digital hub for Southeast Asia. Huawei’s first technology and innovation centre in Southeast Asia, the RHQ, includes a training centre and state-of-the-art customer experience centre, occupying over 4,000 square metres in central Bangkok.
Deal Street Asia — Thailand’s integrated e-logistic developer NETBAY is hoping to raise 160 million baht ($4.5 million) from its initial public offering (IPO), after it fixed the issue price at 4 baht each. The company had submitted the first filing to offer 40 million shares, representing 20 per cent of total capital, in the IPO last month. NETBAY’s price per earning is 11.76 times, giving a discount of 37.41 per cent, Netbay CEO Pichit Viwatrujira-pong said.
Enterprise Innovation — To increase the potential of local businesses, Thailand’s Ministry of Industry has initiated a project entitled “SMEs Spring Up.” Atchaka Sibunruang, the minister for industry, chaired the opening of the “SMEs Spring Up” project which aims to improve the abilities of small and medium sized businesses in Thailand. More than 100 businesses have been recruited to join the project.
Bangkok Post — Thailand remains one of Microsoft Corporation’s main growth drivers in Asia-Pacific with a strong foundation of outstanding IT developers, says chief executive Satya Nadella. Speaking at a forum in Bangkok yesterday, the boss of the Washington-based software giant outlined his visions of the group’s new computing paradigm in a drive to court local developers and more businesses to build their own software on its cloud and Windows operating platforms.
PRNewswire — The Asia IoT Business Platform in Bangkok this May is aimed at catapulting local businesses, ICT professionals and South East Asia towards the fast-moving tech reality of the ‘Internet of things’ and machine-to-machine (M2M) communication. The eighth instalment of the conference and exhibition is returning to Bangkok for a second year, held over two days on May 26-27, 2016, at the Amari Watergate Bangkok from 9.00 am until 5.30 pm.
Bangkok Post — The Internet of Things (IoT) will be the growth engine for Thailand’s mobile industry next year, which could help offset stagnant business revenue, says Nokia Networks. IoT is the network of physical objects — devices, vehicles, buildings and other items — embedded with electronics, software, sensors and network connectivity that enables them to collect and exchange data.
Bangkok Post — Policymakers are being urged to allocate more spectrum for mobile to meet rising bandwidth demand and support development of new wireless services in the data-driven digital economy. “The unused 2600- and 2300-megahertz spectra should be reallocated for wireless broadband service to serve skyrocketing mobile data traffic growth,” said Bunyati Kirdniyom, head of regulatory affairs at Ericsson (Thailand).
Telecom Asia — Thailand’s military cabinet has approved a new frequency act that puts the formerly independent regulator under the control of the new digital economy commission while the selection process now goes through the executive branch. The new National Broadcasting and Telecommunications Act calls for a single seven-member board (down from two five-member boards and one chair, one for broadcasting and one for telecommunications).
Telecom Asia — Thailand’s military junta has overruled the telecoms regulator for the 900-MHz auction, bringing it up one month to May 27, curtailing public debate on and possibly allowing TrueMove in for another chance to claim the entire 900-MHz band. The opening bid will be Jasmine’s winning bid of $2.1 billion (75.65 billion Baht). Jasmine failed to secure payment and defaulted, giving rise to the need for a new auction.
Bangkok Post — Thailand was the second-largest online retail market in Southeast Asia last year after Indonesia thanks to social media, says global management consulting firm Bain & Company. The Boston-based firm said its internal report had shown that Thailand’s potential as an online retail market was among the highest in the region.
Enterprise Innovation — Modernization and digitalization of the Thai agricultural sector is driving growth in IT spending to 7.02 percent, research firm IDC reported. Thai government policies focused on smart farming and enabling technology-led innovation to transform traditional agriculture practices are driving the growth.
Networks Asia — V.T. Garment, a family-owned and operated apparel manufacturer headquartered in Bangkok, has achieved an on-time and in-full delivery rate of 98 percent since implementing Infor CloudSuite Industrial (SyteLine) into its manufacturing IT processes a year ago. In addition, the clothing manufacturer has achieved 97 percent inventory accuracy, reduced materials costs by five percent (nearly 10 million Baht) across purchasing and inventory, and has improved customer order confirmation timings by 30 percent.
Telecom Asia— Telecoms consultancy Yozzo has released a report on Thailand’s telecom market at the end of 2015 in which it highlighted a vibrant, healthy market that is let down by mis-investment by the state. Report author Allan Rasmussen told TelecomAsia that according to the ICT Ministry’s own national statistical office 25 million Thai citizens do not use the internet because they do not know how, 47,000 do not use the internet because of network access issues and 216,000 because they find it too expensive.
Bangkok Post — NTT Communications (Thailand), the local operating unit of the Tokyo-based information and communication technology firm, has added a second data centre facility in Thailand to capitalise on the fast-growing data centre and cloud computing markets. The 1.1-billion-baht data centre is the company’s third-largest in Asean after Singapore and Malaysia.
Telecom Asia — Rumors that Jas Mobile has given up on securing funding for its 900-MHz auction have been given credence by a story in the Bangkok Post that said CEO Pete Bodharamik had given up and wants the regulator to simply seize the auction deposit and be done with it. The story quotes a series of anonymous sources stating that Pete’s father, former Commerce Minister Adisai Bodharamik, wants his son to continue the fight to launch a new mobile service to compliment its fixed-line broadband network.
Blouin News — Cambodia’s growing internet usage is about to get a big boost from China. On Wednesday, Phnom Penh signed a contract with China’s Cambodia Fiber Optic Communication Network for the firm to invest $69.7 million in building and operating high-bandwidth submarine cables and a landing station in the country’s coastal southwestern province.
Bangkok Post — Thailand ranked fifth out of 25 countries in Asia for cyber security risks last year, says Romanian internet security software company Bitdefender. Globally, the country’s exposure to cyberattacks was ranked 11th. The rankings were based on the quantity of malware detected, said Michal Dominik, managing director of Bitdefender for Indochina. India, Indonesia, China and Vietnam were the top four for cybersecurity risks in Asia, respectively.
The States Man — Uber offered its first motorbike taxi service on Wednesday, launching a pilot scheme in Bangkok which could spread across Asia as it takes on chief regional rival Grab Taxi. Motorbikes have long been a popular commuting option in the Thai capital, which faced horrendous traffic jams due to increased car ownership and poor city planning. Ubiquitous motorbike taxi drivers, found at stands across the city wearing bright orange jackets, weave in and out of stalled traffic with both skill and knuckle-whitening speed.
Thailand will have the first Tier IV Gold datacentre, as rated by the Uptime Institute, in Asia in the first quarter of 2017. This will make it the most advanced datacentre in the Asia-Pacific and the largest in Thailand, with capacity for more than 6,000 data server racks. The Uptime Institute’s datacentre tier certification is awarded at four levels, and Tier IV represents a certification for a fault-tolerant site infrastructure.
Telecom Asia — Thai telecom regulator NBTC is reportedly preparing for the possibility of having to conduct a replacement auction round for 900-MHz spectrum, due to rumors one of the winning bidders of last month’s huge auction may be unable to pay.
Channel News Asia — BANGKOK: Thailand’s military government will try to persuade media companies Facebook and Line to comply with court orders to remove content it considers harmful to peace and order, a senior official said Sunday. The junta-appointed NRSA advisory council plans to meet executives from the two companies in the next three months, council member Major General Pisit Paoin told Reuters.
Datacenter Dynamics — TCC Technology (TCCT) in Thailand has entered into a joint venture with Tokyo-based Internet Initiative Japan (IIJ) Inc to deploy cloud infrastructure in Thailand, according to the Bangkok Post. TCCT is a major data center operator in Thailand, while IIJ specializes in cloud and ICT services with strong roots as an ISP in Japan.
Thailand’s technology crime suppression division has issued a draft procurement document for a system to surveil all public Facebook and Twitter accounts against a target list of up to half a million individuals that can be identified through names, keywords or even facial recognition.
Pattaya Mail — Construction has begun on the new $300 million USD (11 billion THB) SUPERNAP Thailand, located in Hemaraj Industrial Estate in Chonburi. SUPERNAP Thailand will be the first Uptime Institute rated Tier IV Gold data center in Asia, as well as the largest data center in the Kingdom. The facility, which is expected to open in the first quarter of 2017, will have capacity for more than 6,000 data server racks.
Nation Multimedia — “The Supernap Thailand data centre is a mirror of Switch Supernap US facilities, which are the first Tier IV Gold carrier-neutral co-location data centres on the planet. “This cutting-edge data centre will meet the global demand for innovation in Asia-Pacific,” Khaled Bichara, chief executive officer of Supernap International, said yesterday.
Telecom Asia — Despite losing out in Thailand’s recent 4G auctions, Telenor has no plans of exiting the Thai market, according to the company’s CEO Sigve Brekke. In an interview with the Bangkok Post, Brekke said Telenor’s Thai unit Dtac remains the company’s most lucrative subsidiary. Dtac contributed 14.4% of Telenor Group’s total revenue in Q315.
T.C.C. Technology, Thailand’s leading data centre service provider under the T.C.C. Group, has entered into a joint venture with Tokyo-based cloud service company Internet Initiative Japan Inc to penetrate the Asia-Pacific cloud computing market. TCCT-IIJ Co, a 60:40 venture between the Thai and Japanese companies, has earmarked 200 million baht to set up the cloud infrastructure.
Telecom Asia — Jasmine, a winner of last week’s marathon 87-hour Thai 900-MHz auction, will build on its fixed line market and existing retail networks to pursue a rapid expansion. The company will target 2 million subscribers in its first year rising to 5 million subscribers and 10% of the $8.3 billion (300-billion baht) mobile and IoT market in three years.