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NIA Unveils 2025 Startup Trends: AI, Green Tech, and FinTech Set to Soar as Thailand Drives Global Growth Ambitions

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BANGKOK, THAILAND – Media OutReach Newswire – 6 February 2025 – The Ministry of Higher Education, Science, Research, and Innovation (MHESI), through the National Innovation Agency (Public Organisation) or NIA, has revealed an overview of Thailand’s startup growth for 2024. The data shows a consistent upward trajectory, with a cumulative growth rate of 3.3% since 2021, reinforcing Thailand’s position as one of the world’s most startup-friendly hubs.

Dr. Krithpaka Boonfueng, Executive Director of the National Innovation Agency (NIA)

As we step into 2025, startups face a dynamic landscape marked by economic fluctuations, evolving consumer behaviours, and the rapid emergence of new technologies. Amid these challenges, three key technology sectors are poised for significant growth and investment opportunities: Artificial Intelligence (AI); Sustainability Technologies, including Green Tech, CleanTech, and Climate Tech; and Financial Technologies (FinTech).

Dr. Krithpaka Boonfueng, Executive Director of the National Innovation Agency (NIA), stated that over the past year, Thailand has been home to approximately 2,100 startups, comprising 700 in the pre-seed stage and 1,400 in the go-to-market or growth stage. When compared to other countries in Southeast Asia, Thai startups have demonstrated consistent growth, with seed-stage funding increasing by 4% year-on-year and a cumulative growth rate of 3.3% since 2021.

According to the Global Startup Ecosystem Index published last year by StartupBlink—a leading global hub for startup ecosystem data—Thailand ranked 54th globally and 4th in Southeast Asia, following Singapore, Indonesia, and Malaysia. This reflects the significant progress of Thailand’s startup ecosystem, which is increasingly recognised on the global stage as one of the region’s emerging hubs for entrepreneurial ventures.

One of the key challenges for Thailand’s startup ecosystem lies in the rapid expansion of Data Centres, with the country emerging as a prime destination for both domestic and global investors. Positioned as the region’s new “Digital Economy Hub,” Thailand’s data centre capacity has surged by over 54% in the past three years, ranking third in ASEAN, following Singapore and Malaysia. Projections for 2024–2027 estimate that Thailand could attract around 260 billion baht in data centre investments.

However, to fully capitalise on this growth, Thailand must accelerate talent development to meet market demands and establish robust, long-term policies that inspire investor confidence. These efforts are critical in fostering a sustainable ecosystem that aligns with the broader challenges of the AI-driven society, the need for upskilling and reskilling the workforce, and the global shift towards ESG (Environmental, Social, and Governance) principles. Embracing ESG not only ensures sustainable business practices but also positions Thailand competitively within the evolving global economic landscape.

Looking ahead to 2025, both in Thailand and globally, the startup landscape is set to be driven by transformative technologies that promise significant growth potential. These key trends include:

Artificial Intelligence (AI): AI is rapidly revolutionising industries, with Generative AI at the forefront due to its versatility across sectors. This technology fuels continuous, efficient innovation by creating new content, solutions, and processes. Additionally, the rise of AI Agentic Systems—capable of autonomous thinking, analysis, and decision-making—marks a major leap forward. These systems excel at managing complex tasks and solving multidimensional problems, with over 70% of business leaders and investors confident in their potential to transform operations, from strategic planning and production to customer service. AI Agents not only enhance responsiveness to market demands but also significantly reduce resource consumption, making them an essential asset for future-focused organisations.

Sustainability Technologies (Green Tech, CleanTech, and Climate Tech): As environmental challenges intensify, businesses are increasingly prioritising ESG (Environmental, Social, and Governance) principles, while consumers demand eco-friendly, socially responsible products and services. This shift is propelling the global environmental tech market towards exponential growth, with forecasts predicting an average annual increase of nearly 25% over the next decade. Innovative solutions addressing clean energy, waste management, and sustainable products are driving this momentum. For startups to succeed in this space, it’s critical to develop business models that balance profitability with positive environmental and social impact.

Financial Technology (FinTech): In Southeast Asia, FinTech continues to dominate the investment landscape, securing an impressive 26% of seed funding in 2024—the highest across all sectors—followed closely by blockchain technologies at 20%. This underscores the sector’s resilience and attractiveness, fuelled by innovations in digital payments, decentralised finance, and blockchain applications.

In an era defined by rapid technological change, agility is key. Startups must cultivate adaptability, building flexible systems that can pivot in response to evolving market conditions. This dynamic approach not only strengthens business foundations but also ensures sustained growth and scalability in an increasingly competitive global environment.

Dr. Krithpaka emphasised that in 2025, under its role as Thailand’s “Focal Conductor of Innovation,” the National Innovation Agency (NIA) remains committed to fostering and accelerating the growth of startups through its extensive mechanisms and networks. The agency will focus particularly on the development of “Impact Tech”—technologies designed to create positive economic and social impacts, reinforcing Thailand’s global image and recognition as an “Innovation Nation.”

NIA’s support framework spans the entire startup journey, from inception to international market expansion guided by the strategic pillars of Groom -> Grant -> Growth -> Global.

GROOM (Knowledge Incubation & Network Building): This phase nurtures entrepreneurial capabilities through the NIA Academy, offering comprehensive courses in collaboration with strategic partners and self-paced learning via online platforms like MOOCs. Additionally, the Startup Thailand League plays a pivotal role in enhancing innovation skills among university students, equipping them with entrepreneurial mindsets and preparing them to transition from academic environments to the real-world startup ecosystem.

GRANT (Funding Support): NIA provides diverse forms of non-repayable grants tailored to stimulate innovative business development. These grants support both economic drivers—such as national innovation business promotion platforms and regional innovation ecosystems—and social impact projects, including the ‘Innovation Village’ initiative and urban and community-focused programmes.

For startups aiming to scale rapidly and penetrate new markets, the National Innovation Agency (NIA) offers robust opportunities to drive business growth under the GROWTH pillar. This is achieved through a suite of tailored incubation and acceleration programmes across four key sectors: Food Technology – via the flagship SPACE-F programme, designed to nurture food-tech startups towards global competitiveness; Agricultural Technology – through the AGROWTH initiative, focusing on innovations that revolutionise modern agriculture; Health Technology – supporting startups that develop cutting-edge health and medical solutions. Climate Technology – fostering sustainable innovations that address climate change and environmental challenges.

To inspire and showcase outstanding innovation success stories, NIA runs the “Nin Mangkorn” project, a platform highlighting transformative ventures. This initiative has evolved into “Nin Mangkorn 10X,” with a bold mission to propel high-potential entrepreneurs into capital markets, targeting revenues of no less than 100 million baht within three years.

Under the GLOBAL pillar, NIA is committed to expanding Thailand’s startup footprint on the international stage through the establishment of a Global Startup Hub. This initiative facilitates cross-border market access, strategic partnerships, and international networking. NIA has forged strong alliances with key global ecosystems, including Hong Kong, Japan, South Korea, Germany, and the Nordic countries, creating a dynamic bridge for Thai startups to thrive in diverse markets.

In addition to its growth and global expansion strategies, the National Innovation Agency (NIA) is actively fostering investment opportunities through mechanisms such as Corporate Co-Funding, in partnership with the Thai Venture Capital Association (TVCA). This initiative provides co-investment funding of up to 10 million baht to support high-potential startups.

Complementing this effort are key government and industry bodies offering robust financial support: The Board of Investment (BOI) promotes promising startups with incentives ranging from 20 to 50 million baht, particularly for those in the Pre-Series A+ stage and beyond; The One Innovation Fund, managed by the Federation of Thai Industries (FTI), offers substantial backing with a total fund allocation of 1 billion baht to accelerate industrial innovation; and Beacon Venture Capital has launched the Beacon Impact Fund, focusing on investments aligned with Environmental, Social, and Governance (ESG) principles, with an initial fund of 1.2 billion baht.

Moreover, the upcoming “Startup Promotion and Development Act” or the long-waited “Startup Act”, a landmark legislative framework is set to play a pivotal role in solidifying Thailand’s startup landscape. The Act will introduce comprehensive measures to support entrepreneurship, attract investment, and create a more conducive environment for startups to thrive, marking a significant milestone in the evolution of Thailand as a leading innovation-driven economy.

Hashtag: #NIA #NationalInnovationAgency

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XIXILI Reimagines Plus-Size Lingerie in Malaysia

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KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 6 December 2025 – XIXILI is rewriting the rules of lingerie shopping with its Plus Size Collection, moving beyond the typical S, M, L, XL approach that leaves so many women without options. The brand’s extensive range proves that well-fitted, beautiful lingerie shouldn’t be a luxury reserved for a select few.

When One Size Definitely Doesn’t Fit All

XIXILI’s Plus Size Collection flips the narrative that women need to settle for less-than-ideal sizes.

“For too many women, bra shopping has meant settling for sizes that almost fit or styles that prioritise function over fashion,” says XIXILI spokesperson Grace Tan. “Inclusivity is about recognising that every woman deserves access to beautiful, sexy, well-fitted lingerie. That shouldn’t be a problem they have to solve alone.”

To address the challenges of online fitting, XIXILI combines a detailed bra size chart with its pioneering ‘Try-On in 3D’ avatar tool. The feature allows women to generate a personalised digital twin based on specific measurements, enabling them to visualise the fit before purchasing.

Support Without Sacrifice: Plus Size Done Right

The Rufina Full Coverage Full Cup Bra sits at the heart of XIXILI’s Plus Size collection, designed for women who have been told they have to choose between support and style. The Rufina bra offers full coverage support with a contemporary silhouette that works under everything from work blouses to festive party dresses. Engineered specifically for fuller figures, it celebrates natural curves instead of trying to hide or minimise them. It’s the kind of foundation piece that lets you focus on your day, not your discomfort.

“We want every woman to feel supported, comfortable, and beautiful in whatever she’s wearing,” says Grace Tan. “Whether it’s for work, family gatherings, or special occasions, the right fit makes all the difference to daily comfort and confidence.”

Empowering Women With Knowledge, Not Just Options

XIXILI recognises that offering more sizes is only half the equation. Many women have spent years navigating limited options without proper guidance on finding their actual measurements.

The brand addresses this through interactive bra size charts, how-to-measure videos, and one-on-one personalised fittings at boutiques nationwide. By equipping women with the tools and knowledge to identify their true size, XIXILI transforms what can be a frustrating shopping experience into a more confident and informed process.

As Christmas shopping gets underway, the Plus Size Collection offers both a thoughtful gift for loved ones and an opportunity for self-care during the busy holiday season.

For more information and to discover the full range, visit XIXILI’s website.

Hashtag: #XIXILI





The issuer is solely responsible for the content of this announcement.

XIXILI

A homegrown Malaysian brand, XIXILI offers beautiful fashion lingerie and shapewear in Malaysia that prioritises fit and comfort. With an extensive range of bra sizes from A to I and bands 65 to 110cm, XIXILI caters to women of all shapes and sizes. Expert fitters are dedicated to helping each customer find the perfect bra, boosting confidence and enhancing silhouettes.

XIXILI became the first Malaysian lingerie brand to introduce a Try-On in 3D avatar tool, allowing customers to virtually try on XIXILI lingerie using a 3D avatar tailored to their specific body type and measurements. Whether for everyday wear or something special, XIXILI ensures women always look and feel amazing.

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Essential Document Checklist for SIM Applications

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SINGAPORE – Media OutReach Newswire – 6 December 2025 – Submitting an application to the Singapore Institute of Management (SIM) represents a significant academic milestone and requires meticulous preparation. Incomplete or missing documentation may result in processing delays or possible rejection. To assist applicants in meeting these requirements, this guide provides a detailed overview based on SIM’s official application standards.

Preparation Is Key

SIM reviews thousands of applications each year, and incomplete submissions remain one of the primary causes of processing delays. Early preparation of all required documents is essential to ensure a seamless application experience and allow applicants to remain focused on their academic objectives. As stipulated in SIM’s Application Process Guide, all supporting documents must be uploaded at the point of application and submissions lacking these documents will not be processed.

The Core Documents Every Applicant Needs

Prior to applying to the Singapore Institute of Management (SIM), applicants should ensure that all required documents are prepared to prevent processing delays. Scanned copies of academic certificates and transcripts, such as GCE ‘O’ and ‘A’ Levels, diplomas or degrees must be provided, along with certified translations and notarisation for documents not in English.

Proof of English language proficiency, such as IELTS or TOEFL results, is mandatory for applicants whose previous education was not conducted in English. Identification documents are also required, including the NRIC for local applicants and a valid passport for international applicants, accompanied by a recent passport-sized photograph that complies with SIM’s specifications.

International applicants must additionally prepare documentation for the Student’s Pass application, which includes the passport bio-data page, birth certificate, evidence of financial capability, and, where applicable, parent or guardian identification documents.

Quick Tips to Avoid Delays

Submitting an application to the SIM can be a straightforward process with proper preparation. Ensure that all documents are uploaded in the correct format, with PDF being the standard for certificates and transcripts. For documents not in English, certified translations must be provided to prevent rejection or requests for re-submission.

Applicants should also adhere to SIM’s photo specifications by submitting a recent passport-sized photograph that meets official guidelines. International students must pay particular attention to financial documentation, as proof of financial capability is a key requirement for the Student’s Pass application. Bank statements and supporting documents should be prepared in advance to comply with Immigration & Checkpoints Authority (ICA) requirements. Following these steps will help avoid unnecessary delays and ensure a smooth application process.

Application Essentials

Prospective students are advised to submit a complete and accurate application to ensure smooth processing. Detailed instructions and programme-specific requirements can be found on SIM’s official application portal. Applications that are incomplete or contain inaccuracies will not be considered. To avoid delays, applicants should make use of the provided checklist and guidelines to confirm compliance before submission.

References:

  1. SIM Application Process – https://www.sim.edu.sg/degrees-diplomas/admissions/application-process

Hashtag: #SIMGlobalEducation #SIMGE

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About SIM Global Education

SIM Global Education (SIM GE) is a leading private education institution in Singapore and the region. We offer more than 140 academic programmes ranging from diplomas and graduate diploma programmes to bachelor’s and master’s degree programmes with some of the world’s most reputable universities from Australia, Canada, Europe, United Kingdom, and the United States. SIM GE’s cohort is made up of 16,000 full- and part-time students and adult learners, of which approximately 36% are international students hailing from over 50 countries.

SIM GE’s holistic learning approach and culturally diverse learning environment aim to equip students with knowledge, industry skills and employability competencies, as well as a global perspective to succeed as future leaders in a fast-changing, technologically driven world.

For more information on SIM Global Education, visit sim.edu.sg

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Vinfuture 2025 Honors Four Groundbreaking Scientific Achievements Under The Theme “Rising And Thriving”

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HANOI, VIETNAM – Media OutReach Newswire – 5 December 2025 – The VinFuture Foundation officially announces the laureates of the VinFuture Prizes 2025. Four outstanding scientific and technological breakthroughs have been honored, reflecting this year’s theme “Rising and Thriving”, and highlighting the role of cross-border scientific collaboration in addressing global challenges in health, environment, and human livelihood.

The Chairman of the National Assembly of Vietnam, Mr. Tran Thanh Man, presents the VinFuture 2025 Grand Prize, worth USD 3 million, to the laureate scientists.

The 2025 VinFuture Prize Award Ceremony was broadcast live on VTV1, the national television channel of Vietnam. The event was attended by Mr. Tran Thanh Man, Politburo member and Chairman of the National Assembly, along with leaders of central ministries and agencies, representatives of embassies and international organisations, and distinguished scientists from around the world.

The VinFuture Prize 2025 received 1,705 nominations from scientists, research institutions, and technology enterprises worldwide, representing an almost threefold increase relative to the inaugural year. These submissions highlight impactful cross-border research efforts focused on protecting public health, advancing next-generation intelligent materials, addressing climate change, accelerating novel energy solutions, and strengthening global food security frameworks.

The 2025 VinFuture Grand Prize valued at US$3 million is awarded to Dr. Douglas R. Lowy, Dr. John T. Schiller, Dr. Aimée R. Kreimer and Prof. Maura L. Gillison (USA) for discoveries and development of HPV vaccines for prevention of tumors caused by human papillomaviruses.

Foundational studies on HPV capsid proteins by Drs. Douglas Lowy and John Schiller led to the development of highly effective HPV vaccines, preventing millions of cervical cancer cases, especially in developing countries. Furthermore, the single-dose vaccination regimen developed by Dr. Aimée Kreimer – now recommended by the World Health Organization (WHO) – has significantly expanded vaccine access for populations worldwide.

In parallel, laboratory and epidemiological studies by Prof. Maura Gillison and Dr. Aimée Kreimer established the link between HPV and head-and-neck cancers, which represent an emerging cancer threat expected to be mitigated by HPV vaccination efforts. The achievements of Dr. Douglas Lowy, Dr. John Schiller, Dr. Aimée Kreimer, and Prof. Maura Gillison have already saved millions of lives and will keep lowering the global cancer burden for decades to come.

In addition to the Grand Prize, the 2025 VinFuture Prizes will also present three Special Prizes, each valued at US$500,000, recognizing Innovators from Developing Countries, Women Innovators, and Innovators with Outstanding Achievements in Emerging Fields.

The 2025 VinFuture Special Prize for Innovators from Developing Countries​ is awarded to Prof. María Esperanza Martínez-Romero (Mexico) for advances in microbial ecology and symbiotic nitrogen fixation in the tropics. Prof. Martínez-Romero has discovered and described numerous new Rhizobium species, significantly expanding scientific understanding of microbial taxonomy and plant-microbe interactions in agriculture. Her work has opened new directions in the study of bacterial-plant symbiosis, with profound implications for sustainable agriculture in resource-limited settings.

The 2025 VinFuture Special Prize for Women Innovators is awarded to Prof. Mary-Claire King (USA) for identification of the breast and ovarian cancer susceptibility gene BRCA1, laying the foundation for genetic testing, screening programs, and personalized treatment. Her landmark identification of the BRCA1 locus on chromosome 17q21 in 1990, before the human genome was sequenced, is considered a historic milestone, demonstrating the genetic basis of cancer risk and transforming prevention and treatment strategies worldwide.

The 2025 VinFuture Special Prize for Innovators with Outstanding Achievements in Emerging Fields has honored Prof. Venkatesan Sundaresan (USA), Prof. Raphaël Mercier (Germany), Dr. Emmanuel Guiderdoni (France), Dr. Imtiyaz Khanday (USA) and Dr. Delphine Mieulet (France) for innovations in the development of clonal hybrid crops. Hybrid seed production for rice, the staple food for more than half of humankind, is a laborious and costly procedure resulting in a high seed cost. The team’s work has enabled rice plants to produce seeds that retain all the superior traits of the parent plant through self-pollination, grounded in new insights into developmental biology and genetics. This groundbreaking research improves yields, reduces seed production costs, and advances sustainable global food security.

Sharing his reflections on this year’s honored works, Prof. Sir. Richard Friend, Chair of the VinFuture Prize Council, stated: “The 2025 VinFuture Prize Laureates have made big advances in science that have brought direct benefits to human health and to global sustainable food crop production. From new vaccines and new understanding of genetic susceptibility to disease to new approaches for plant breeding and new protocols for healthy crop growth, these achievements exemplify the power of science driven by compassion and cross-border collaboration – showing that when knowledge serves humanity, it not only deepens our understanding of the world but also strengthens and sustains the very foundations of life itself.

After five consecutive and widely acclaimed award cycles, the VinFuture Prize has been securing recognition among the world’s most prestigious science and technology awards, receiving 6,132 nominations from nearly 110 countries and territories across five continents, and honoring 48 outstanding laureates. The awarded innovations—spanning clean energy, artificial intelligence, biomedical technologies, and transformative advances in agriculture—are elevating quality of life, strengthening human well-being, and shaping strategic pathways for the future of humanity.

The VinFuture Prize Ceremony and VinFuture Sci-Tech Week have evolved into an established global platform for scientific exchange, bringing together scientists, policymakers, and business leaders to advance collaborations toward a sustainable, humane, and prosperous future.

Notably, after five award seasons driven by persistent efforts to connect global scientific excellence with the Vietnamese research community, the VinFuture Foundation and the VinFuture Prize have not only fostered new opportunities and momentum for national science, but have also strengthened Vietnam’s standing as a trusted destination for the world’s scientific community—where innovation is widely shared and amplified for the collective prosperity of humankind.

Launch of the 2026 VinFuture Prize Award Season: The VinFuture Prize 2026 will officially open its nomination portal from 2:00 PM on January 9, 2026, to 2:00 PM on April 17, 2026 (Hanoi time, GMT+7). Nominating partners are invited to submit candidate information through the online nomination portal at: https://vinfutureprize.org/vinfuture-prize-nomination/.

Hashtag: #Vinfuture

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