K-Bank Venture Capital Fund established


Thailand’s Kasikorn Bank has setup a tech fund of billion Thai Baht. K-Bank has named the  new fund Beacon Venture Capital (BVC). Thanapong Na Ranong, formerly with working with InVent, a Venture Capital firm established by mobile operator AIS, will lead BVP and deploy funds both domestically and internationally. The capital was raised 100 percent from the bank […]

30 Billion Baht by 2020


Thailand wants your fintech startup, and in order to support this need, the Government is aiming to raise 30 billion baht (USD 1 Billion) from investors by 2020. National Innovation Agency (NIA) is working to sign an MOU with the Ministry of economy, Trade and Industry of Japan for startup collaboration. Another MOU in the […]

TechSauce Summit This Weekend

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In just a few days, thousands of entrepreneurs, investors, and startup enthusiasts from around the world will descend on the greatest city in the world – Bangkok Thailand. Techsauce Summit is the countries largest, homegrown tech conference and is sure not to disappoint. TechSauce is run as a partnership between HUBBA and Thumbsup – this […]

Public/Private Future Fund set to Launch


The Thailand Future Fund may be launched in 2016 after the government finalises the issuing conditions. “The working group of the Securities and Exchange Commission (SEC) and Finance Ministry has been working on the conditions that match the government’s demand to issue the fund worth Bt 100,000,000,000 since last year. Now we’re waiting for the final conditions, while the SEC […]

Thailand to Implement new transfer pricing scheme


Initiated by the OECD in 2013 and endorsed by the G-20, the OECD’s “Action Plan to Address Base Erosion and Profit Shifting (BEPS)” includes 15 key areas to encourage more transparency, better reporting and more cooperation between countries in which multinational companies operate. {read: money is ‘slipping away’ from high tax jurisdictions through transfer pricing […]

700K Series A For Golfdigg


Intouch Holdings Public Company Limited (PCL), through its corporate venture capital arm InVent, has invested 23.84 million Thai Baht (US$674,000) in Bangkok-based golf course booking app startup Golfdigg, according to an official release today. “This platform will help both Thai and international golfers by providing a convenient and simple way to book golf time slots, including […]

Thailand eyes crowdfunding

    Thailand is hoping that crowdfunding could provide an alternative for small companies struggling to fund growth as banks cut back on lending. Thai banks have tightened lending criteria as the economy falls short of government growth targets and the number of small- and medium-sized enterprises defaulting on loans rises. The Securities and Exchange […]