Toray Industries recently announced an investment of over USD 8 million in Thai entity Cellulosic Biomass Technology Co., Ltd. in order to upgrade cellulosic sugar production for fibers, resins, and films derived from inedible biomass. Toray Industries is a...
Thaicom Public Company Limited, a leading Asian satellite and space technology company based in Thailand, recently announced the selection of Airbus, a European leader in defense and security and one of the world’s leading space businesses, for building its new...
The Board of Investment (BoI) of Thailand has recently greenlighted 20 investment projects worth over USD 820 million from Taiwanese electronics companies which are aiming to set up operations in the Southeast Asian country as a base for exports. These players seek...
Guangzhou Automobile Corp (GAC), a leading electric vehicle (EV) manufacturer, recently announced it plans to develop Thailand into a global production hub for its right-hand drive electric car. The company has already started shipping Aion Y Plus EVs to Thailand to...
Thai petroleum exploration and production company PTT Exploration and Production Public Company Limited, also known as PTTEP, recently launched a solar power project under the name of “Lan Sang Arun” to harness clean energy for the petroleum production process. This...
Airports of Thailand (AOT) is preparing to soft-launch the Satellite 1 (SAT-1) terminal at Suvarnabhumi International Airport, following a successful trial run. During the trial, the airport simulated a full-scale operation with 180 mock passengers and their luggage...
The subsidiaries of South Korean tech giant Kakao Corp are making successfully inroads in the Thai market. Kakao Pay just started offering its payment services in the country, following KakaoBank’s partnering with Thailand’s leading financial group to...
Recent analyses have highlighted how artificial intelligence (AI) solutions are transforming Thailand’s healthcare sector, with new technologies designed to enhance patient care, ease the workload of medical professionals, and address personnel shortages. In an...
Japanese electronic parts maker Murata Manufacturing has just opened a new plant in Thailand set to commence production in November 2024. It is expected that the Apple supplier will spend over USD 65 million in manufacturing investment at the plant in northern...
Japanese furniture and home furnishings company Nitori has plans to invest THB 240 million (USD 6.6 million) in order to expand its furniture business in Thailand in 2024. It has been reported that Nitori intends to launch three more stores later in 2023 at Seacon...
A partnership between Philippine firm Glovax Biotech Corporation and Korean pharmaceutical company, Eubiologics, will involve the building the Philippines’ first vaccine manufacturing facility. The investment is reportedly worth PHP 7.5 billion (USD 132 million)...
The United States government launched its first agricultural e-commerce platform in the Philippines through the U.S Agency for International Development (USAID) in partnership with the Philippine’s Department of Trade and Industry (DTI) and the Nueva Ecija...
