Thai Energy Giant PTT Partners with Electric Vehicle Startup

Thai Energy Giant PTT Partners with Electric Vehicle Startup

PTT, Thailand’s largest energy company, has just signed an agreement with Chinese electric vehicle (EV) startup Hozon aimed at expanding the Southeast Asian country’s EV market. The startup will regard Thailand as the center for its global strategy and...
ASEAN’s First 5G Smart Hospital Launched in Thailand

ASEAN’s First 5G Smart Hospital Launched in Thailand

Thailand’s Office of The National Broadcasting and Telecommunications Commission (NBTC), Siriraj Hospital, and Huawei Technologies (Thailand) Co., Ltd. have jointly launched the “Siriraj World Class 5G Smart Hospital”. This is branded as the first and largest 5G smart...
Thailand Increases 2022 Budget by 20% for Digital Projects

Thailand Increases 2022 Budget by 20% for Digital Projects

The government of Thailand has just allocated THB 2.4 billion (USD 72 million) in fiscal 2022 for the implementation of six digital projects under the Thailand Digital Government Development Plan (2023-27). This represents an increase of one-fifth compared to the...
Thailand to Have Southeast Asia’s Biggest BESS

Thailand to Have Southeast Asia’s Biggest BESS

Sungrow, an inverter solution supplier for renewables, has agreed to cooperate with Super Energy, a leading renewable energy provider, to build Southeast Asia’s largest battery energy storage system (BESS) project in Thailand. Sungrow will supply the...
Thailand Oil Company Transforming Gas Stations into Retail Hubs

Thailand Oil Company Transforming Gas Stations into Retail Hubs

PTT Oil and Retail Business (PTTOR), the retail arm of Thailand’s state-owned energy giant PTT, has announced that it expects to double its net profit by 2025 as the company moves away from a gas station-based business to one more focused on retail and electric...
First of 9 New Foodpanda Stores Begins Operations

First of 9 New Foodpanda Stores Begins Operations

In December 2021, Foodpanda, the largest food and grocery delivery platform in Asia outside of China, announced the commencement of operations for a new pandamart store in Western Singapore, retailing over 5,000 products ranging from snacks, ready-to-eat meals,...
Singapore Launches the Precision Engineering Industry Digital Plan

Singapore Launches the Precision Engineering Industry Digital Plan

The Singapore government has unveiled a 3-stage digital roadmap for the precision engineering industry, called the Precision Engineering Industry Digital Roadmap (IDP). Overseen by Enterprise Singapore and the Infocomm Media Development Authority (IMDA) of Singapore,...
HDB to Ramp Up Housing Supply by 35% Over Next Two Years

HDB to Ramp Up Housing Supply by 35% Over Next Two Years

The Housing Development Board (HDB) is looking to ramp up the supply of new Build-To-Order (BTO) flats over the next two years to meet the strong housing demand from Singaporean households. An estimated 23,000 flats are expected to be launched per year from 2022 to...
WeLab to Launch Digital Bank in Indonesia

WeLab to Launch Digital Bank in Indonesia

WeLab, a fintech startup from Hong Kong, has acquired a 24% stake in PT Bank Jasa Jakarta to set up a digital bank that is expected to be operational in the second half of 2022. WeLab has raised USD 240 million from existing and new investors to fund the acquisition....
BPJS Health Forms Partnership to Ease JKN-KIS Access

BPJS Health Forms Partnership to Ease JKN-KIS Access

The Social Health Insurance Administration Body (BPJS Health) has formed a partnership with PT Good Doctor Technology Indonesia, a local company that provides online health consultation through a telemedicine application. The partnership was marked by the signing of...