Siam Cement Group (SCG) is refocusing its operations on green manufacturing. Specifically, it has been recently reported that Thailand’s largest cement maker and industrial conglomerate targets to use more clean energy, develop environmentally friendly products...
Thailand has just relaxed tax rules for investments in digital assets. The bid to promote the industry follows a rapid growth in cryptocurrency trading in Southeast Asia’s second-largest economy. The Finance Minister explained that new rules allow traders to...
Dutch company Aqua-Spark, a sustainable aquaculture-focused investment fund, has announced the opening of an office in Bangkok, Thailand, the first outside the Netherlands. The company revelated that the new location will focus on deal sourcing for the main fund...
Austria’s Lenzing Group, a leading supplier of wood-based specialty fibers, has just announced the successful completion of its key lyocell expansion project in Thailand. The new plant, the largest of its kind in the world with a capacity of 100,000 tons per...
Central Retail Corporation, Thailand’s biggest retailer, recently revealed plans to invest THB 100 billion (USD 3 billion) over the next five years to expand its retail businesses. The retailer also announced that it aims to boost revenue growth and market...
The US Trade and Development Agency (USTDA) recently highlighted its commitment to supporting next-generation Wi-Fi and connectivity in Thailand. Working in partnership with America’s private sector, USTDA is helping to share experience that will enable the next...
Thailand’s Board of Investment (BOI) has recently revealed that the total number investment applications received in 2021 rose by close to 60% boosted by foreign investment (FDI) pledges in tech sectors and projects in the bio, circular and green industries, as...
Thailand is preparing rules for the setting up of virtual banks, joining peers in the region such as Singapore and Malaysia in promoting financial technology to enhance competition and wider access to banking services. The Bank of Thailand (BOT) has announced plans to...
The government of Thailand has recently approved a new set of incentives targeting the electric vehicles (EVs) sector, including lower excise tax and import duties on auto parts. The incentives aim to promote domestic manufacture of EVs between 2022 and 2025. A...
Thai hospital Meta Med is collaborating with Synphaet Hospital and Metaverse Thailand to launch a new alternative center for medicine, the first of its kind in Thailand. The collaboration is being undertaken to enhance medical services that respond to the upsurge in...
The Thai government has just approved plans for Thailand’s first international air show, which will be held in 2027 at the U-Tapao International Airport in Rayong, located in the strategic location known as Eastern Economic Corridor (EEC) . The event, which will...
Thailand’s state-owned utility Electricity Generating Authority of Thailand (EGAT) has recently issued a tender for the construction of a hybrid power combining hydro, floating PV and storage. The Ubol Ratana Dam Hydro-Floating Solar Hybrid Project is scheduled...
