Thailand is aiming to support an annual 5% gross domestic product (GDP) growth with a plan to generate THB 2.2 trillion THB (USD 64.9 billion) investment into five targeted industries within the Eastern Economic Corridor (EEC) by 2026. The EEC, comprising areas in...
German aerospace equipment manufacturing company Liebherr-Aerospace and Thailand-based REVIMA Landing Gear Services Asia Pacific have announced an expanded collaboration covering maintenance, repair, and overhaul (MRO) services for the Airbus A350’s Nose Landing...
CPF Global Food Solution Public Company Limited (CPFGS), a business unit of Thai F&B conglomerate Charoen Pokphand Foods Public Company Limited (CPF), has formed a joint venture with Japanese fresh fish retailer, Uoriki to import premium fresh fish and seafood...
Several aquaculture alternative seafood startups are participating in the fourth SPACE-F food-tech startup incubator and accelerator program. The initiative is a collaboration between the National Innovation Agency, Thai Union Group, Mahidol University, Thai Beverage...
The Royal Thai Air Force (RTAF) has announced its intention to secure a budget of THB 40 billion (USD 1.2 billion) for the 2024 fiscal year, with additional funding required for necessary aircraft upgrades and replacements. The budget allocation for the RTAF for the...
The Thailand Board of Investment (BOI) has granted investment privileges totaling THB 56.6 billion (USD 1.64 billion) to a variety of projects aimed at enhancing the country’s infrastructure, particularly in the energy and digital sectors. In addition, the...
Shizen International (Thailand), a subsidiary of Japan-based renewable energy developer Shizen Energy Group, has signed a memorandum of understanding (MoU) with Sena Solar Energy to collaborate on the development of renewable energy in Thailand. The two companies will...
Mitsui O.S.K. Lines (MOL), a Japanese company, has signed a memorandum of understanding (MoU) with the Electricity Generation Authority of Thailand (EGAT), Mitsubishi Company, and Chiyoda Corporation to undertake decarbonization projects in Thailand. The MoU was...
Group-IB, a global cybersecurity company headquartered in Singapore, has revealed plans to establish a Digital Crime Resistance Center in Thailand. The company has also signed a strategic partnership agreement with nForce (SECURE), one of Thailand’s leading...
Airports of Thailand (AOT) has announced its intention to invest $1 billion in expanding the budget traveler terminal at Bangkok’s Don Mueang Airport. The expansion project includes the addition of 12 aircraft parking stands and 11 jet bridges, with the aim of...
Momentive Performance Materials, a global leader in high-performance silicones and specialty solutions, has announced a new growth investment – a manufacturing facility in Rayong, Thailand. This new site will increase Momentive’s manufacturing capacity and...
Thai food conglomerate CP Group’s Feed Ingredients Trading Business Group (FIT) and Charoen Pokphand Foods Public Company Limited (CP Foods) have announced the implementation of a corn traceability system to verify the sourcing of maize for feed production. The...
