The Thai economy is on track to recover from the adverse effects of the Covid-19 pandemic, as illustrated by the recent announcement that the South East Asian´s exports rose to over USD 21 billion in value in April 2021, growing 13.1% year-on-year. This represents the...
In May 2021, it was revealed that five Japanese companies, among which Toyota, expressed interest in investing in renewable energy businesses at Smart Park industrial estate in the Eastern Economic Corridor (EEC) zone. The move is part of a broader collaboration...
Thailand’s latest Power Development Plan states that the country aims to draw 35% of its energy from non-fossil fuels by 2037. One of the most promising clean segments is solar rooftop, where several foreign players are investing in key projects. One of these is...
Thailand just announced that its Eastern Economic Corridor (EEC) will become the first special economic region in South East Asia to offer 5G telecommunications services. The EEC, a 13,000-square kilometer hub, is already the base of some of the largest global...
In June 2021, the Industrial Estate Authority of Thailand (IEAT) announced its intention to commence the construction of the third phase of Map Ta Phut deep seaport in Rayong. The current facilities in the port have reached their full potential. Therefore, IEAT has...
Thailand’s Board of Investment has just approved 24 projects of car manufacturers for the production of electric vehicles, including 6 plug-in hybrid electric vehicles projects, 13 battery electric vehicles projects, and 5 hybrid electric vehicles projects. The...
American multinational technology company NVIDIA just announced the installation of an NVIDIA DGX™ A100 system and NVIDIA Clara Parabricks sequencing analysis software at the National Biobank of Thailand. The aim is to accelerate genomic sequencing as part of the...
In June 2021, Thai operator of 7-Eleven convenience stores CP All announced that it will expand its 7-Eleven store network with 700 new outlets by the end of the year. According to Bangkok Post, the company will invest around USD 380 million for its expansion plan....
In May 2021, the Board of Investment (BOI) of Thailand announced to have approved an application from American-headquartered company NatureWorks to invest around USD 490 million in a project to produce Polylactic Acid (PLA), a low-carbon-footprint polymer derived from...
Malaysian drone company Aerodyne Group has created a new Joint Venture (JV) with Thai partners AI and Robotics Ventures and Digital Creation. The JV will be called AeroSky, and will provide drone enterprise solutions across the Thai market. The partnership comes after...
BlueNalu, a California-based company that develops cell-cultured seafood products, has announced the signing of two different memorandums of understanding (MoU) with Mitsubishi Corporation and Thai Union. Both agreements are designed to assess market development...
Triumph Aviation Services Asia (TASA), a subsidiary of Triumph Group headquartered in Pennsylvania, has entered into an MoU with Thai Aviation Industries (TAI), a certified repair station under the Civil Aviation Authority of Thailand (CAAT). The MoU expresses both...
