Business
Huawei Technologies Thailand is investing $21.6m in cloud service
The company’s cloud-based data centre is located in Amata Nakorn City in the Eastern Economic Corridor
Indorama Ventures Pcl expects to close three deals worth around $1 billion by this year end. Meanwhile, Huawei Technologies Thailand makes the first move to invest and offer public cloud services in Thailand.
Huawei Technologies Thailand is investing 700 million baht ($21.6 million) in local public cloud services in Thailand .
The service is now available for order here
The company’s cloud-based data centre is located in Amata Nakorn City in the Eastern Economic Corridor.
Among the global cloud service providers such as Alibaba, Microsoft and Google, Huawei is the first mover to set up the data centre in Thailand.
It told the local media that the public cloud services in Thailand will also serve other countries in Southeast Asia, except Singapore. The main target customers include enterprises, government’s agencies and mobile operators.
DEALSTREETASIA Pte. Ltd. is a news and intelligence platform providing reports on investments, mergers, acquisitions, private equity, venture capital, investment banking and the business of startups across the Asian region.
Business
AMLO is investigating four Thai banks’ alleged role in suspicious transactions
Thailand’s Anti-Money Laundering Office (AMLO) is verifying a report, by the International Consortium of Investigative Journalists (ICIJ), stating that four Thai banks have been involved in suspicious financial transactions over nearly two decades.
The ICIJ’s report refers to files leaked from the Financial Crimes Enforcement Network in the US. They allegedly indicate that many commercial banks worldwide turned a blind eye to suspicious transactions between 1999 and 2017.
(more…)Business
Big data to keep Thai workers afloat
Since the coronavirus pandemic hit Thailand earlier this year, businesses have been falling like dominoes. Millions of people have lost their jobs in the country’s worst economic downturn in recent memory.
Since the coronavirus pandemic hit Thailand earlier this year, businesses have been falling like dominoes. Millions of people have lost their jobs in the country’s worst economic downturn in recent memory. Yet some jobs have survived the pandemic better than others.
(more…)Business
Great Wall Motors (China) to Start Production in Thailand Next Year
Chinese automobile manufacturer Great Wall Motors (GWM) is set to start operations in Thailand next year
According to Thailand’s Industry Minister Suriya Jungrungreangkit, the company will have an annual production capacity of 80,000 vehicles and will begin producing sports utility vehicles and pickup trucks in 2021.
(more…)
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