Thailand’s Board of Investment (BOI) has approved fresh incentives for investments in the Electric Vehicles (EV) sector. This is in line with the Thai government’s policy to accelerate the growth of the domestic EV market and quickly expand related...
The Thai government has pledged to hasten the digital transformation plans of the country’s food and agriculture industry this year. The focus areas will include big data, smart agriculture, and e-commerce. Over the past several years, the country has worked...
It has been recently reported that a team sent by the US Air Force will evaluate if Thailand can procure and maintain the Lockheed Martin F-35 Lightning II fifth-generation fighter jet. In late 2021, the Royal Thai Air Force announced its intention to purchase the...
Thailand is preparing investment incentives for four new economic corridors, namely the Southern Economic Corridor, the Northeastern Economic Corridor (NEEC), the Northern Economic Corridor (NEC) and the Central-Western Economic Corridor (CWEC).The strategy resembles...
The Asian Development Bank (ADB) and Energy Absolute, one of the largest renewable energy companies in Thailand, have signed a THB 160 million (USD 4.7 million) loan agreement to finance an electric ferry fleet for mass rapid transport in Bangkok—the first of its kind...
Thailand has just extended the 25% corporate tax exemption for bio-plastic players, aiming to promote the country as a bio-hub in the Southeast Asian region. According to government officials, the cabinet of Thailand approved a proposal to extend the tax exemption...
It has just been announced that Thai solar rooftop company SCG Solar Roof Solutions is partnering with US energy service provider Enphase Energy in a bid to power microinverter technology to become the first provider of solar systems in Thailand’s residential market....
Thailand’s exports grew by over 16% in the month of February 2022, driven by higher international demand on the back of global economic recovery. This higher-than-expected increase in exports has resulted in a trade surplus of USD 123 million, according to the...
Thailand is seeking to secure more liquefied natural gas (LNG) as sanctions threaten supplies from Myanmar and a steep production fall is registered at the offshore Erawan field, which provides the lion’s share of the country’s gas needs. Thailand is...
Thai government agencies have just revealed that they are cooperating in an effort to enhance public health and medical services. As part of the initiative, Thailand will see the establishment of a centralized system where patient information can be stored and shared...
The Royal Thai Air Force has recently highlighted the need to purchase new fighter jets to replace existing aircraft scheduled for decommissioning. The Air Force commenced a 10-year plan to decommission fighter jets in 2021, which foresees cuts to halve the fleet by...
Singaporean cryptocurrency platform Zipmex has joined forces with Central Food Retail, the largest supermarket chain in Thailand, in order to launch a blockchain-powered supermarket that will connect modern consumers to the metaverse. Branded as the first metaverse...
