Thailand Plans to Open More Sectors to Foreign Firms

Thailand Plans to Open More Sectors to Foreign Firms

Thailand is planning to change its rules to allow more foreign businesses to operate in the country with fewer restrictions. The Commerce Ministry said it will ask the Cabinet to remove 10 business categories from the restricted list under the Foreign Business Act,...
Asian Development Bank and GSA Sign Green Loan For Thai Data Center

Asian Development Bank and GSA Sign Green Loan For Thai Data Center

The Asian Development Bank (ADB) and GSA Data Center 01 Company Limited (GSA) have signed a local currency green loan of THB 900 million (approximately USD 26.8 million), to fund the development, construction, and operation of a 25.6-megawatt colocation green data...
Thai Companies Move Forward with Thai Virtual Bank

Thai Companies Move Forward with Thai Virtual Bank

SCBX, a major Thai financial holding company, has strengthened its partnership with KakaoBank and WeBank Technology Services as the three companies advance plans to establish a virtual bank in Thailand. The partners have formalized a tri-party collaboration to...
Thailand Approves USD 2 Billion PCB Investment Led By Taiwan’s ZDT

Thailand Approves USD 2 Billion PCB Investment Led By Taiwan’s ZDT

Thailand’s Board of Investment approved an investment of about 65 billion baht (roughly USD 2.08 billion) for printed circuit board (PCB) manufacturing by a joint venture led by Taiwan’s Zhen Ding Technology (ZDT) and Thailand’s Saha Pattana Interholding. The approval...
Benefitt Introduces Thailand’s First High-Protein UHT Milk

Benefitt Introduces Thailand’s First High-Protein UHT Milk

Benefitt, a brand developed by Lactasoy Co. Ltd., has launched Thailand’s first high-protein UHT milk. The product, Benefitt High Protein UHT Milk, comes in 350 ml SIG SmallBloc cartons and is now sold nationwide in 7-Eleven stores. Each pack contains 31 grams of...
BASF Expands Alkyl Polyglucosides Production in Thailand

BASF Expands Alkyl Polyglucosides Production in Thailand

Germany company BASF announced the expansion of its Alkyl Polyglucosides (APGs) production in Asia with a new plant at the Bangpakong site in Thailand. The investment is intended to strengthen the company’s position in the region and provide customers with more...