Thailand Approves USD 131 Million Phuket Medical Tourism Hub

Thailand Approves USD 131 Million Phuket Medical Tourism Hub

The Thai government has just approved the construction of a THB 5 billion (USD 131 million) international medical hub in the touristy Phuket. The goal is to expand health- and wellness-related tourism. Construction of what is being branded as the Andaman International...
Thailand’s First Vegan Cheese Factory Opens

Thailand’s First Vegan Cheese Factory Opens

Swees Plant Based Foods Co., a Thai-based dairy-free cheese startup, recently announced that it will start production in the country’s first vegan cheese factory in early 2023. The new facility is expected to be fully operational by the end of 2023. Meanwhile, the...
Thai Retailers Are Exploring New Formats

Thai Retailers Are Exploring New Formats

Thai retailers are evolving from big box stores with a wide variety of products and prices to next-generation stores catering to a modern lifestyle and capitalizing on technology to offer personalized products and services. In effect, both large and small retailers in...
Thailand Launches New Visa to Attract Skilled Workers and Investors

Thailand Launches New Visa to Attract Skilled Workers and Investors

Thailand has just launched its long-term resident (LTR) visa program. While aimed at highly skilled workers, the program is also expected to attract foreign investors. In a recent interview with Nikkei Asia, the deputy secretary general of the Thailand Board of...
Thailand´s Largest Beverage Company Commits to Expansion

Thailand´s Largest Beverage Company Commits to Expansion

Thailand’s largest beverage company, Thai Beverage (ThaiBev), has confirmed its commitment to spend THB 5-8 billion (USD 130-210 million) to expand its businesses in 2023, mainly targeting for the domestic market. Of the total investment budget, THB 1.1 billion...
Thai Organizations Need to Enhance their Cybersecurity

Thai Organizations Need to Enhance their Cybersecurity

According to a report by global cybersecurity company Fortinet, whose key findings have recently been highlighted by the Bangkok Post, around 88% of Thai organizations associated with operational technology (OT) have experienced cyber-intrusions in the past year. The...