Investors are perceiving Thailand and the larger Southeast Asian region in general as a compelling alternative to China, which is currently experiencing supply uncertainties and increased political risk. As investors grow increasingly hesitant to expand in China, many...
Global inverter and energy storage solution supplier Sungrow is partnering with renewable energy specialist Super Energy to construct the largest solar-plus-storage project in Southeast Asia. The project comprises a 49 megawatt (MW) photovoltaic (PV) inverter solution...
Several foreign software firms have established offices in Thailand in 2023 in order to capitalize on the country’s continuing digital transformation and the consequent growing demand for local players. Thailand has also attracted large foreign data center and cloud...
Thai transport and tourism analysts have highlighted how the construction of Highway 12 will result in business opportunities. The highway, stretching nearly 800km, is a transport corridor linking Tak in the North with Mukdahan in the Northeast. Expectations of growth...
Electric vehicle (EV) specialist GAC Aion has recently signed a memorandum of cooperation with a Thai dealer to officially enter the Thai market, initiating the brand’s internationalization. The company has also announced that it is preparing plans for...
Shopping centers are expanding strongly in Bangkok, with the Thai capital aiming at reinforcing its role as Southeast Asia’s luxury hub. Importantly, Bangkok will inaugurate at least five megaprojects in 2023 that aim to become a point of reference for expats, locals...
Charoen Pokphand Foods Public Company Limited (CP Foods) has emerged as the first company in Thailand to send cooked duck meat to Australia. The company plans to export around 500-600 tons of cooked duck products per year, mainly including roast duck, shredded duck...
American company Rondo Energy just announced that it will partner with Thailand’s Siam Cement Group (SCG) to expand the production capacity of Rondo Heat Battery storage at SCG’s facility to 90 Gigawatt hours (GWh) per year, larger than any current battery...
The Bangkok Post has recently reported that Thailand’s Industry Ministry has estimated that the Southeast Asian country built or expanded 1,211 factories during the first half of fiscal year 2023, totaling an investment value of THB 113 billion (USD 3.25 billion),...
It has recently been announced that a flagship store for Japanese furniture and home furnishings giant Nitori will be opened by Thai real estate company Central Pattana at the CentralWorld mall in August 2023. CentralWorld is located in the heart of Bangkok, where...
Siam Cement Group (SCG), the largest and the oldest cement and building material company in Thailand and Southeast Asia, has recently revealed the successful completion of the first 2-story 3D printed building in ASEAN. Importantly, the building is the first 3D...
It has recently been reported that Thailand Post intends to launch a digital mailbox service called Prompt Post by the third quarter of 2023. This is part of a strategy having the goal of capitalizing on the growing trend of electronic document handling. For instance,...
