In October 2021, the Central Bank of Thailand revealed that digital payments in the country have quadrupled from pre-pandemic levels. The number of daily transactions made through the PromptPay platform currently averages 28 million. PromptPay enables customers to...
The Industrial Estate Authority of Thailand (IEAT) has just announced plans to build a new industrial estate Chachoengsao with a THB 1.76 billion (USD 53 million) budget to serve high-tech industrial development projects in the Eastern Economic Corridor (EEC) area....
Aerospace manufacturer and satellite internet service provider mu Space Corp. has just displayed to the public its brand-new satellite, the mu-B200 and the opening of Factory 2 in Bangkok, at its Satellite Tech Unveil 2021 event. Factory 2 is the company’s third...
Switzerland-headquartered BC Platforms (BCP), a global leader in healthcare data management and analytics, has announced an expanded partnership with Thailand’s Bumrungrad International Hospital, one of the largest private hospitals in Southeast Asia and a world...
In October 2021, the Thailand Board of Investment (BOI) approved incentives to encourage companies to speed up Industry 4.0 transformation. It reported that total investment applications for the first nine months of 2021 amounted to THB 520.7 billion (USD 15 billion),...
According to the Electronic Transactions Development Agency (ETDA), in 2020, e-commerce in Thailand was ranked as the 26th largest market globally, with revenues of USD8 billion. In 2021 it is predicted that the sector will become a USD 120 billion industry with a...
In October 2021, the Green Climate Fund approved a project aimed at enhancing climate resilience in Thailand through flood control and adaptation. In Thailand’s Chao Phraya basin, significant increases in the frequency of heavy rains are predicted as a result of...
In September 2021, Italian bicycle manufacturer Vittoria Group announced the construction of a new factory in Thailand. The USD 20 million investment will see the company’s Lion Tires Thailand (LTT) factory premises grow from 36,000 to 52,000 square meters in the...
American multinational chemical corporation Dow Chemical has joined a project with the Thailand Institute of Scientific and Technological Research (TISTR) aimed at developing a system to better collect and recycle plastic waste under a circular economy model to reduce...
The Thai Department of Medical Services (DMS) and Huawei Technologies Thailand have just agreed to establish a smart platform that will enable advanced medical treatments using digital technology. DMS and Huawei will use 5G technology to launch smart healthcare...
As part of its efforts to revamp its promotion policies for digital businesses, Thailand’s Board of Investment (BOI) has announced the consolidation of its list of promoted digital activities into a single new category for the development of software, platforms for...
Bloomberg has reported that Thailand is planning to launch a national shipping company in 2022 in order to enhance its trade capabilities, reduce transport costs and become a bigger player in global logistics. According to Thailand’s Transport Minister, the shipping...
