Connect with us
Compliance and ethics Training Asia-Pacific Bangkok regional

Press Release

True Digital Park opens Work Space to ignite future Thai unicorns

Under the concept of ‘One Roof, All Possibilities’, True Digital Park is now ready to ignite startup unicorns and support the country in driving digital economy.

Avatar

Published

on

True Digital Park aims to become Thailand’s first and Southeast Asia’s largest digital innovation hub.

Under the concept of ‘One Roof, All Possibilities’, True Digital Park is now ready to ignite startup unicorns and support the country in driving digital economy.

Today it reveals “Work Space”, the workplace and digital innovation development space in the most complete ecosystem for startups and tech entrepreneurs.

Among startups and tech community, True Digital Park also collaborates with government agencies, enterprises and global tech giants including The National Innovation Agency (NIA), Digital Economy Promotion Agency (DEPA), Electronic Transactions Development Agency (ETDA), King Mongkut’s Institute of Technology Ladkrabang, Google, AWS, Huawei, Ricoh, UOB, Wongnai, MuSpace, Thailand e-Center (TeC), CP Innovation and True Digital Academy.

It is equipped with full serviced facilities for meetings, workshops, town halls, events and lifestyle activities to enhance work life. True Digital Park is now open the door for startup and tech entrepreneurs to experience its Work Space.

Work Space is designed to be open and connected to create an atmosphere that truly encourage knowledge exchange for innovation.

This space also strengthens and fulfills all startups’ needs as well as provides support from partners through their journey from business establishment, knowledge sharing by economies and R&D centers, cutting-edge technology from world leading tech companies, and supports from related government organizations.

In addition, the startups in the community will also have opportunities to meet with venture capitals and investors. These elements make the startup ecosystem complete and ready to help startups achieve sustainable growth.

Thailand has potential to be digital innovation hub in this region, according to key findings from Global Innovation Index (GII) by Cornell SC Johnson College of Business and INSEAD WIPO. Thailand is ranked 44th in GII’s 2018 study, a big jump of 7 rankings.

Thai startup success rates are still relatively low

The nation is also among 20 Innovation Achievers. Thailand has its strengths in the following categories; Market Sophistication, Knowledge and Technology Outputs and Innovation Efficiency Ratio.

True Digital Park is confident that our complete startup ecosystem and integrated support from partners are key drivers to help startups and tech entrepreneurs become unicorns and grow strongly and sustainably. This will also benefit Thailand’s digital economy and help the country reach its potential as a digital innovation hub in the region

Thanasorn Jaidee, President of True Digital Park

On the other hand, Thai startup success rates are still relatively low compared to its neighbors such as Indonesia, Malaysia and Vietnam.

Therefore, True Digital Park is committed to building a complete ecosystem for startups and tech entrepreneurs to support and increase potentials of the country’s digital economy.

True Digital Park is located on Sukhumvit 101 road near Punnawithi BTS station. The first phase of the project is now open in three areas including Work Space (77,000 sq.m), Lifestyle Space (30,000 sq.m) and Living Space which comprises of condominium and residential area.
Work Space, an innovation hub and startup community, is designed under Open Innovation concept to help accelerate and incubate startups to grow strongly and ultimately become an ‘unicorn’.   

“Our current database of members and partners at our Work Space reflects the complete ecosystem at True Digital Park. Members and partners are working in various business types including digital content, social platforms, enterprise platform, e-commerce, robotics as well as tech startup such as FinTech, TravelTech, MarketingTech, PropTech and AgriTech. In terms of demographic statistics, our members are 57% male and 43% female.

Over 60% of our members work in digital and technology business. Their job functions can be separated as follows: 40% are  engineering, IT, technology, and innovation, 15% are technician support, 6% are digital marketing, 25% are management and business development, and 14% are other support functions such as accounting, admin, and HR.

Work Space comprises of 4 areas

1. Co-Working Space: working space, pantry and break-out area  

2. Office Space: a large office space with meeting rooms and event and function areas. The open space architecture is being represented through connected stairs that encourage members of the community to meet, learn, share and build community organically.

3. Innovation Space: technology showcase, academy and innovation labs by partnering with government agencies, enterprises and world leading tech companies such as National Innovation Agency (NIA), Digital Economy Promotion Agency (DEPA), Electronic Transactions Development Agency (ETDA), King Mongkut’s Institute of Technology Ladkrabang, Google, AWS, Huawei, Ricoh, UOB, Wongnai, MuSpace, Thailand e-Center (TeC), CP Innovation and True Digital Academy

4. Event and Business Services Space: full serviced facilities for meetings, seminars, business services and government’s one-stop service centers            

True Digital Park’s Work Space provides more than just a traditional work stations.

True Digital Park members can enjoy more than 400 workstations with well-designed seating options. You can connect anywhere in the digital world via 1 Gbps ultra high-speed internet networks and WiFi exclusively provided to members only.

Our shared facilities include meeting rooms and pantries with free-flow premium coffee and infused water. In addition, VC Clinic, funding opportunities for startups, advice and support for smart visas for foreign workers, business consultation, legal and other support services, tax privileges, connections with educational institutions for the improvement of tech talents are some of the other benefits members can take advantage of.

In addition to enjoyable working experience at Work Space, members will also take advantage of convenient cashless society at Lifestyle Space, a lifestyle complex where retails meet nature and technology.

This includes a 24/7 retail space that serve consumers’ modern lifestyle of managing their own time freely. This is the ideal space for everyday living for urban citizens.  


0/5 (0 Reviews)
Advertisement Load WordPress Sites in as fast as 37ms!
Comments

Companies

Get vital compliance education in Bangkok this July

Join other professionals for a one-day compliance and ethics conference close to home in Bangkok, 12 July, 2019.

Avatar

Published

on

The importance of compliance and ethics is gaining momentum at corporations across all industries and around the world.

(more…)
3/5 (2 Reviews)
Continue Reading

China

SET signs MoU with Shenzhen bourse to strengthen Thailand-China capital market

The Stock Exchange of Thailand (SET) signed a memorandum of understanding (MoU) with Shenzhen Stock Exchange (SZSE)

Boris Sullivan

Published

on

SET signs MoU with SZSE to strengthen Thailand-China capital market collaboration BANGKOK, April 23, 2019 –

The Stock Exchange of Thailand (SET) signed a memorandum of understanding (MoU) with Shenzhen Stock Exchange (SZSE) to expand business opportunities for Thai and Chinese small and medium-sized enterprises (SMEs) and broaden opportunities in investment as well as promoting cross-border collaboration among the two countries.

“The MoU between SET and SZSE, spanning five years from today (April 23, 2019), marks a key milestone for SET and SZSE to foster closer collaboration for capital markets and SMEs between the two nations, reinforcing SET’s strategic plan to explore new opportunities by connecting with international partners.”

SET President Pakorn Peetathawatchai said,

Under this MoU’s strategic framework “China-Thailand SME Capital Market Service Initiative”, SET and SZSE will provide information on SMEs as well as financial markets of the two countries via online portal, and enhance “ChiNext-mai Alliance” network which aims to facilitate the communication and cooperation between companies listed on Market for Alternative Investment (mai) and ChiNext Market; to arrange business matchings and physical roadshows to promote Thai and Chinese securities’ growth potential in both countries.

Cross-border product development

The agreement also embraces cooperation for cross-border product development such as exchange-traded funds (ETFs), depositary receipts (DRs), and indices, including green finance products, among others, added Pakorn.

SZSE Executive Vice President Li Hui said,

“The SZSE and SET have maintained long-term close communication and exchanges. We will continue cooperation on the China-Thailand SME Capital Market Service Initiative jointly promoting the cross-border innovation capital formation and facilitating the economic integration and development of the two countries in 3 areas: cultivation of technology start-ups, forming an alliance for growth markets of the two countries and exploring new channels for two-way financing and investing.”

This MoU signing will broaden Thai-Chinese relations after an MoU signing in March between SET and China Economic Information Service (CEIS) of Xinhua News Agency focusing on information exchange to enhance economic and investment development in Thailand and China.

About The Stock Exchange of Thailand The Stock Exchange of Thailand

(SET) is among the most liquid exchanges in Asia, providing a full range of investment products including equities, derivatives, as well as world-class trading, post-trade infrastructure/technology services in accordance with international practice (EMEA and PFMI). Going forward, SET’s vision “To Make the Capital Market Work for Everyone” is aligned with the aim to support strong economic growth and competitiveness. Globally and regionally, SET has also actively coordinated with other exchanges to boost investment opportunities and capital market growth potential. Moreover, SET puts strong emphasis on sustainable growth by promoting listed companies’ business models that care for environmental, social and governance (ESG) practices.

About Shenzhen Stock Exchange Shenzhen Stock Exchange (SZSE), established on 1st December, 1990, is a self-regulated legal entity under the supervision of China Securities Regulatory Commission (CSRC). SZSE is committed to developing China’s multi-tiered capital market system, serving national economic development and transformation and supporting the national strategy of independent innovation. SZSE has three market segments namely Main Board, SME Board, ChiNext, serving companies of different characteristics. As of December 2018, there were 2,134 listed companies on the SZSE (ranking No.11 in the world according to WFE) with a total market capitalization of about USD 2.41 trillion (ranking No.8). The trading value is about USD 7.56 trillion for the year of 2018 (ranking No.3).

3/5 (1 Review)
Continue Reading

Press Release

3 Simple Reasons Booklets and Flyers Will Boost Your Sales in 2019

Unlike scrolling down the website or an app, a printed marketing material make your prospect memorize your offer better

Avatar

Published

on

When it comes to advertising, businesses have countless options. With the rising popularity of digital marketing, companies off all sizes can target potential clients without stepping a foot out of the door.

(more…)
0/5 (0 Reviews)
Continue Reading

Upcoming Events

Subscribe via Email

Enter your email address to subscribe and receive notifications of new posts by email.

Join 10,728 other subscribers

Press Release

Most Read

Trending