Thai Times

Covering the Thai Renaissance

Salesforce Unveils AI Agents, Thai Virtual Bank Race Heats Up, and FBI Probes Trump Assassination Attempt

Salesforce introduces AI agents to boost employee efficiency. Thai investors turn to private credit and crypto as BOT eyes new growth models.
Salesforce, the global customer relations management company, has launched Agentforce, a suite of autonomous AI agents designed to augment employee efficiency in various departments, allowing employees to be more strategic by handling repetitive tasks.

Meanwhile, in Thailand, the application deadline for virtual bank licences is September 19, with four major groups, including SCB X and Krungthai-AIS-Gulf-OR Alliance, competing to win. The Bank of Thailand and the Ministry of Finance will evaluate the candidates and announce the winners by mid-2025.

Speaking of finance, Nattapon Chansivanon from Pi Securities noted that Thai investors are embracing global trends like private credit and cryptocurrencies, with AI enhancing personalised investment strategies. Pi Private Wealth, launched in 2024, caters to High Net Worth Individuals, boasting a 10.3% growth rate and promising trust and competitiveness.

On a related note, BOT Governor Sethaput Suthiwartnarueput emphasized during a seminar that Thailand needs new economic growth models focusing on household wealth rather than relying solely on foreign investment. This shift aims to address the gap between GDP growth and household wealth and counter high business sector concentration by fostering localism-driven development.

In other news, water levels in the Mekong River are surging following Typhoon Yagi, creating flood risks for parts of the Mekong Delta. Heavy downpours in upper Mekong River regions, particularly in Luang Prabang, Laos, and Chiang Khan, Thailand, have already exceeded flood warning thresholds.

Finally, the FBI is investigating a recent assassination attempt on former President Donald Trump at the Trump International Golf Club in West Palm Beach, Florida. This latest incident adds to the historical context, where, although four U.S. presidents have been assassinated, several leaders, including Trump, have survived past attempts.
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