To facilitate the trade of value-added agricultural projects, Thailand is going ahead with the THB 350 million (USD 11.5 million) Eastern Fruit Corridor project. In this context, a Memorandum of Understanding on Cooperation on the Setting Up of the Blast Freezer and...
The Royal Thai Navy (RTN) is modernizing its fleet for the purpose of border surveillance to combat illegal trade and fishing. Switzerland-based RUAG International has been selected to modernize two of the seven aircraft in RTN’s Dornier 228 fleet. This also...
The Thai Parliament recently ratified the Regional Comprehensive Economic Partnership (RCEP), the world’s largest trade bloc. The RCEP includes the 10 members of ASEAN, plus China, Japan, South Korea, Australia, and New Zealand, combining one-third of the global...
Thailand’s state-owned company PTT recently shipped an LNG (liquefied natural gas) reload cargo to Japan for the first time. The LNG cargo was shipped from Map Ta Phut regasification terminal to Tokyo Gas’ Ohgishima terminal, according to data from...
The Asian Development Bank (ADB) and the Government of Thailand recently announced a USD 2 million technical assistance grant to help promote the adoption of climate-smart agriculture in the highlands of northern Thailand. The technical assistance grant, funded by the...
SCB 10X, the venture arm of Thailand’s Siam Commercial Bank, has announced the launch of a new fund worth USD 50 million. The fund will invest in early- and growth-stage startups worldwide, focusing on blockchain, digital asset, and decentralized finance (DeFi)....
According to Colliers International Thailand, in 2021, land sales and leases will grow by 5-10% on average or 2,500-3,000 rai, thanks to government investment and infrastructure improvement. Additionally, the country is offering attractive perks, such as higher tax...
To address worsening air pollution, Thailand has set a target for electric vehicles (EVs) to account for 30% of car production by the end of the decade. The 30% target will include cars, motorbikes, and buses. Some of the measures to stimulate the domestic market and...
Global technology services provider companies NTT and Cisco commenced a partnership with one of the biggest public hospitals in Thailand, Siriraj Hospital, to implement telemedicine for rapid treatment for stroke patients. The collaboration has enabled the Siriraj...
The Thailand Board of Investment (BOI) has revealed that in 2020 the country received a total of 1,717 applications from both local and foreign investors, representing a combined investment value of THB 481.1 billion (USD 16 billion). Japan led the FDI flow, followed...
DS Smith Rapak Thailand, an arm of UK listed DS Smith Plastics, has opened a new facility in Chachoengsao, a province in south-central Thailand, east of Bangkok. The new facility, which specializes in liquid bag-in box packaging and filling systems, is located 20...
The State Railway of Thailand (SRT) will start the bidding process for two new dual-track railway projects in February 2021. The first route will be linking the Den Chai district in Phrae with the Chiang Khong district in Chiang Rai, and the second route will stretch...
