Fortinet Thailand, the local unit of the US cybersecurity firm, has just urged Thailand to enhance its cybersecurity defenses, estimating that it could lose USD 8.5 billion from cyber-attacks. The firm also suggests businesses get up to date with the Personal Data...
Representatives of the EU and Thailand recently discussed future prospects concerning the resumption of discussions about a Free Trade Agreement between Thailand and the EU, in order to facilitate and expand opportunities for businesses from the parties. Accordingly,...
It has been reported that Australian mining company Pan Asia is raising up to USD 8 million to fund exploration and development activities at lithium and geothermal lithium fields in Thailand. Proceeds from the capital raising will be used primarily to complete infill...
American multinational chemical corporation Dow Chemical has joined a project with the Thailand Institute of Scientific and Technological Research (TISTR) aimed at developing a system to better collect and recycle plastic waste under a circular economy model to reduce...
The Thai Department of Medical Services (DMS) and Huawei Technologies Thailand have just agreed to establish a smart platform that will enable advanced medical treatments using digital technology. DMS and Huawei will use 5G technology to launch smart healthcare...
As part of its efforts to revamp its promotion policies for digital businesses, Thailand’s Board of Investment (BOI) has announced the consolidation of its list of promoted digital activities into a single new category for the development of software, platforms for...
In August 2021, South Korea´s leading aerospace manufacturer Korea Aerospace Industries (KAI) announced that it had signed a USD 78 million agreement with Thailand for the provision of two T-50TH advanced training jets and related support. The delivery of the aircraft...
The baht has depreciated by 10.4% against the dollar so far in 2021, helping the Thai export sector. According to the president of the Thai National Shippers’ Council, the weakening baht is considered a boon for exports, forecasting a 10% export growth in 2021....
Thailand´s State Enterprise Policy Office has reported that the country’s state-owned enterprises (SOEs) have invested more than THB 100 billion (USD 3 billion) in energy infrastructure projects in the first half of 2021, under the government’s stimulus policy...
PTT, the Thai state-owned oil and gas giant whose sales account for about 10% of the nation’s economic output, has embarked on a series of investments worth billions of dollars on electric-vehicle (EV) and renewable energy while tilting its traditional businesses...
Researchers from Thailand’s Chulalongkorn University have developed a machine to draw out Covid-19 vaccine doses more efficiently and optimize lower-than-expected. The new machine is currently being used at the university’s vaccination center. Using a robotic...
The Bank of Thailand has just announced that it plans to test its retail digital currency for the public in the second quarter of 2022 as an alternative payment option. The pilot project will evaluate the use of the central bank digital currency (CBDC) in cash-like...