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Thailand’s burgeoning Startup Ecosystem

The True program is called Incube. It is not so different from the usual tech incubation programs: idea pitches, workshops, prototyping and meeting with possible funders.

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The True program is called Incube. It is not so different from the usual tech incubation programs: idea pitches, workshops, prototyping and meeting with possible funders.

Winning teams will get a chance to work with various tech infrastructure platforms from True, and also get a course in the US at 500 Startups.

True is the latest Thai carrier in the mobile app incubation field. AIS and Dtac, number one and two in the mobile market, already launched their incubation program a few months ago.

AIS and Dtac, number one and two in the mobile market, already launched their incubation program a few months ago.

AIS and Dtac, number one and two in the mobile market, already launched their incubation program a few months ago.

 

This makes 2013 the first time in Thailand where all three operators are involved in the startup scene.

via Thailand’s Big Three Telcos are Powering the Startup Ecosystem.

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Giant Thai-Chinese wholesale hub opens in Bangkok’s Pratunam

The region’s largest wholesale hub features products from China at wholesale prices, and products from Thai manufacturers to export to China.

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Asset World Corporation (AWC) has launched the region’s largest wholesale hub in the Pratunam area of Bangkok, housed in the old Pantip Plaza tech mall.

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Thailand remains in pole position for the highest funds raised across Southeast Asia

Taking the top two spots on the region’s leaderboard this year are Thailand’s Central Retail Corporation Public Company Limited and SCG Packaging Public Company Limited with US$1.77 billion and US$ 1.27 billion funds raised respectively

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Thailand’s Central Retail Corporation Public Company Limited raised US$1.77 billion in 2020

THAILAND, 26 November 2020 — Capital markets across Southeast Asia stayed resilient in 2020 despite a host of uncertainties from the evolving global health crisis to the worsening US-China trade tensions and the impact of the US presidential elections.

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Thailand’s antitrust agency under scrutiny over $11 Billion Tesco Deal Approval

With the Tesco deal approved, CP Group will gain control over a network of about 2,000 hypermarket and grocery stores across Thailand, and the group already operates 7-Eleven convenience stores and the Siam Makro chain.

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Thailand’s largest conglomerate, Charoen Pokphand Group (CP) won on Friday the Thai antitrust agency’s approval  for acquisition of retail giant Tesco Lotus: the Office of Trade Competition Commission (OTCC) voted 4:3 in favour of the US$10-billion takeover deal.

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