Thailand aims to finalize the Thailand-EFTA Free Trade Agreement, marking its first Free Trade Agreement (FTA) with European nations. The agreement, involving Iceland, Liechtenstein, Norway, and Switzerland, is set to be completed in 2024, while negotiations for the...
Lockheed Martin has introduced an industrial participation proposal for its F-16 Block 70/72, aimed at securing Thailand’s future fighter jet program. The defense company emphasizes local economic benefits and training initiatives, while rival Saab presents its Gripen...
The International Chamber of Commerce recommends Thailand establish small modular nuclear power plants to support data center operations and reduce electricity costs. The chamber chairman, Montri Mahaplerkpong, emphasized the need to revise Thailand’s energy...
The Provincial Electricity Authority (PEA) of Thailand will explore the feasibility of energy storage business models in collaboration with Nuovo Plus, a subsidiary of state-owned oil and gas company PTT Group. PEA, responsible for electricity provision in 74...
Many of Thailand’s durian farmers and exporters have become millionaires by capitalizing on the opportunities presented by China’s demand for the fruit. Apichet Chitfour left his job as a factory technician 29 years ago to invest in a durian business. He now...
Bangkok Hospital has allocated over THB 200 million (USD 5.45 million) to establish an advanced robotic surgery center. This new facility, equipped with multiple operating rooms and the latest robotic platforms including the da Vinci Xi Surgical System, signifies the...
The Port Authority of Thailand (PAT) recently introduced a development strategy focused on enhancing sustainability and community well-being through advanced technology and green energy adoption. Kriengkrai Chaisiriwongsuk, PAT’s Director General, expressed the...
Thailand is intensifying efforts to become a major hub for data centers, attracting both local and international tech companies amid the global surge in artificial intelligence and cloud computing. The Board of Investment approved two companies in June 2024 to develop...
BYD and French auto parts group Forvia have inaugurated a seat assembly plant in Thailand to support local production. The seat plant, which began operations in July 2024, will manufacture automotive seats for BYD’s Thailand facility, with an estimated annual...
Thailand’s alternative milk sector is poised for further growth, spurred by a health trend among younger consumers. Kasikorn Research Center predicts that the plant-based food market will reach THB 45 billion (USD 1.25 billion) by 2024, fueling sales of...
The European Union (EU) and Singapore have successfully concluded negotiations for the EU-Singapore Digital Trade Agreement (EUSDTA) on 25th July 2024 in Brussels. This agreement, building on the EU-Singapore Digital Partnership signed earlier in February 2023,...
Singapore Changi Airport experienced robust growth in passenger and aircraft movements from April to June 2024, handling 16.5 million passengers, a 13.4% increase year-on-year, reaching 98.2% of pre-pandemic levels. Aircraft movements also saw a significant rise, with...
