Japan’s largest retail group, AEON, has ambitious plans to dramatically increase its presence in Vietnam, aiming to grow from 12 general merchandise stores (GMS) to approximately 100 GMS and super-supermarkets (SSM) by 2030, a more than eightfold increase. These...
Thai Union Group Public Company Limited has secured a USD 150 million Blue Loan from the Asian Development Bank. This is the first Blue Loan for Thailand’s seafood sector and represents a significant step in applying sustainable finance to aquaculture. The loan...
Airbus projects a demand for about 20,000 new aircraft in the Asia Pacific region over the next 20 years, representing half of global aircraft demand. Anand Stanley, President of Airbus for the Asia Pacific, highlighted Thailand’s growing importance in this market. He...
Thailand has launched a USD 15 billion economic stimulus package aimed at strengthening its export-driven economy against rising global challenges, particularly new tariffs imposed by the United States. Unlike previous short-term relief measures, this plan focuses on...
Thailand’s largest wind power producer, Wind Energy Holding, plans to invest USD 2.6 billion to nearly triple its domestic generation capacity by 2037. The company aims to increase its installed capacity from 700 megawatts to 2,000 megawatts over the next 12 years,...
In 2023, Thailand recorded its highest waste volume at 26.95 million tons, reflecting growing consumer demand and post-pandemic economic recovery. Although 72% of total waste is properly managed or recycled, only 21% of hazardous waste such as electronic items,...
Bangkok Medical Software (BMS), in partnership with Looloo Health, has launched PresScribe, an AI-powered tool designed to improve healthcare delivery in Thailand. The tool, developed by Looloo Health (a subsidiary of Looloo Technology), uses Microsoft Azure OpenAI...
Suphachai Chearavanont, CEO of Charoen Pokphand Group (CP Group), and Adebayo Ogunlesi, Chairman and CEO of Global Infrastructure Partners (GIP), recently met with Prime Minister Paetongtarn Shinawatra at Government House to discuss strategies for enhancing Thailand’s...
Mober, a logistics technology company based in the Philippines, recently began its operations in Thailand as part of its regional expansion strategy. The move responds to the increasing demand for efficient delivery services, particularly in the context of rising...
MKS Instruments, a U.S.-based provider of enabling technologies, has announced the groundbreaking of a new chemical manufacturing and technology center at the Asia Industrial Estate Suvarnabhumi, located east of Bangkok. The investment, valued at over USD 40 million,...
Thailand’s luxury retail market is currently valued at USD 4.4 billion and is expected to grow by about 5% annually through 2028. This positions the country as the top luxury retail destination in Southeast Asia and seventh overall in the Asia Pacific region,...
Indonesia has partnered with Oracle Corporation, a leading American multinational in cloud infrastructure, to develop what is expected to become Southeast Asia’s largest artificial intelligence (AI) center by the third quarter of 2025. The initiative is being...