It has been recently reported that a team sent by the US Air Force will evaluate if Thailand can procure and maintain the Lockheed Martin F-35 Lightning II fifth-generation fighter jet. In late 2021, the Royal Thai Air Force announced its intention to purchase the...
Thailand is preparing investment incentives for four new economic corridors, namely the Southern Economic Corridor, the Northeastern Economic Corridor (NEEC), the Northern Economic Corridor (NEC) and the Central-Western Economic Corridor (CWEC).The strategy resembles...
The Asian Development Bank (ADB) and Energy Absolute, one of the largest renewable energy companies in Thailand, have signed a THB 160 million (USD 4.7 million) loan agreement to finance an electric ferry fleet for mass rapid transport in Bangkok—the first of its kind...
Thailand has just extended the 25% corporate tax exemption for bio-plastic players, aiming to promote the country as a bio-hub in the Southeast Asian region. According to government officials, the cabinet of Thailand approved a proposal to extend the tax exemption...
According to Deal Street Asia, PT Saratoga Investama Sedaya Tbk, a publicly listed Indonesian investment company, is now in talks to sell its stake in Primaya Hospital ahead of the latter’s possible initial public offering (IPO) in 2022. Primaya Hospital owns and...
Japanese furniture and home furnishing brand Nitori Retail opened its first outlet in Singapore in March 2022, spanning the entire fourth floor (31,630 sq ft) of Courts Nojima The Heeren, in Orchard Road, which is the main shopping belt in the country. Established in...
It has just been announced that Thai solar rooftop company SCG Solar Roof Solutions is partnering with US energy service provider Enphase Energy in a bid to power microinverter technology to become the first provider of solar systems in Thailand’s residential market....
Petronas, Malaysia’s national oil and gas conglomerate, aspires to be an energy superstore, as indicated by its recent collaboration with Honeywell on carbon-neutral energy solutions as well as the impending launches of its new energy transition entity and a carbon...
Thailand’s exports grew by over 16% in the month of February 2022, driven by higher international demand on the back of global economic recovery. This higher-than-expected increase in exports has resulted in a trade surplus of USD 123 million, according to the...
The United Nations is supporting Sustainable Development Goals (SDG) in Indonesia. The Indonesia SDG Investor Map (the Map) was launched in March 2022 by the government of Indonesia, UNDP Indonesia and UNDP’s SDG Impact. The private sector can use the Map to explore...
Thailand is seeking to secure more liquefied natural gas (LNG) as sanctions threaten supplies from Myanmar and a steep production fall is registered at the offshore Erawan field, which provides the lion’s share of the country’s gas needs. Thailand is...
The Philippines expects more investments to come in soon after the government has enacted several important laws that will amend restrictions and free up more investment incentives for foreign investors. The laws that were enacted at the beginning of 2022 include...
