In September 2022, the European Union (EU) and Thailand finalized the text of the EU-Thailand Partnership and Cooperation Agreement (PCA). The PCA will enhance the political dialogue on issues of global concern and will give more scope for mutually-beneficial...
Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries (MHI), has commenced operation of the fourth and final M701JAC unit at an ultra-large-scale natural gas-fired power plant in Chonburi Province, Thailand. The plant is owned by a joint venture of...
Thailand’s largest wind power developer and operator by capacity, Wind Energy Holding (WEH), recently announced its target to double its electricity generation capacity to 1,500 megawatts (MW) over the next five years while also diversifying into healthcare. The...
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...
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 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...
The Thai government is currently expanding the country’s infrastructure connection with neighboring countries, which in turn is leading to higher cross-border trade. The Thai Department of Foreign Trade reports that the cross-border trade value between Thailand and...
It has been recently announced that the Thai government has approved a budget of THB 3.85 billion (USD 100 million) for the construction of Siriraj station and hospital facility. It will connect the Light Red and Orange lines, making Siriraj Hospital the first in...
Following 18 months of construction and installation, Austria´s ALPLA Group and PTT Global Chemical are opening the state-of-the-art ENVICCO food-grade recycling plant for bottle-to-bottle applications in Thailand. With an annual production capacity of 45,000 tons of...
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-based food manufacturer Thai Union has just revealed its goals for its plant-based meat and seafood range OMG Meat to generate USD 30 million in revenue by 2025. Thai Union’s first alternative protein brand OMG Meat includes meat and seafood products. While...
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...
