Thailand Tightens Rules on Crypto Advertising

BANGKOK (NNT) – The Securities and Exchange Commission (SEC) has rolled out new rules on advertising for cryptocurrency companies as the industry comes under greater scrutiny from authorities. The SEC said last week that the new rules include clearly showing investment risks in advertisements and providing a balanced view of potential risk and returns. Information […]

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AIS to acquire stakes in two internet service providers

Advanced Info Service Plc (AIS) has announced its decision to acquire Triple T Broadband Plc (TTTBB) and invest in the Jasmine Broadband Internet Infrastructure Fund (JASIF) for a total of 32.4 billion baht, to expand its internet service offering in Thailand, especially in upcountry provinces. The Stock Exchange of Thailand (SET) has been notified of […]

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Thai court dismisses AIS attempt to avoid fine imposed by telecom regulator

The Supreme Administrative Court has upheld the lower court’s decision, confirming the legitimacy of an order, issued by the secretary-general of National Broadcasting and Telecommunications Commission (NBTC), fining Advanced Info Service (AIS) 100,000 baht a day for a breach of regulations. The mobile phone service provider, AIS, filed a lawsuit with the Administrative Court, demanding […]

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Alibaba Launches First Data Center in Thailand

BANGKOK (NNT) – Alibaba Cloud, the cloud computing division of Chinese e-commerce behemoth Alibaba Group, has launched its first data center in Thailand to capitalize on the country’s cloud market and support the country’s 20-year strategic plan. Tyler Qiu, Thailand country manager for Alibaba Cloud Intelligence, stated in a virtual news conference that with a […]

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