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,...
South Korean cosmetics company Cosmax has begun constructing a new production facility for its Thai subsidiary in Bang Phli, Thailand, with an investment of approximately USD 43.9 million. The new plant will be nearly four times larger than the existing site and is...
CPRAM, a prominent Thai company in the ready-to-eat food sector, has launched the first phase of its Food Technology Exchange Center (FTEC), supported by an initial investment of over USD 2.7 million. This initiative reflects the company’s strategic focus on...
