Auto components maker Uno Minda is planning to set up an office in Thailand to cater to the ASEAN market and strengthen relations with local OEMs, which will have the opportunity to sell their products to one of the fastest-growing automotive firms in India. Founded...
Founded in 1934, Thammasat University (TU) is the second oldest university in Thailand. Today, Thammasat University is developing Thailand’s first medical hub with complete healthcare and medical services. As part of the Eastern Economic Corridor (EEC) initiative, the...
Property developer Boutique Corporation Public Company Limited is building a lifestyle community mall in Charoenkrung, a major road in Bangkok, that combines the very best of shopping, dining, wellness, and education outlets for locals and visitors. Boutique...
According to the governor of the Tobacco Authority of Thailand (TOAT), the business value of cannabis and hemp could reach THB 10 billion ten (USD 315 million), which can compensate the state-held TOAT for a decline in tobacco income stemming from a decline in...
Thailand’s flag carrier Thai Airways is reportedly looking to acquire from 20 to 30 new aircraft by 2025 to facilitate future air travel needs once the Covid-19 crisis is under control. The estimated cost of the 30 planes could be up to THB 100 billion (approximately...
Thailand and the United Kingdom are planning to sign a memorandum of understanding (MoU) to set up a Joint Trade Committee on Commerce and Economic Cooperation. According to Auramon Supthaweethum, director-general of the Trade Negotiations Department, “the MoU will...
To facilitate the trade of value-added agricultural projects, Thailand is going ahead with the THB 350 million (USD 11.5 million) Eastern Fruit Corridor project. In this context, a Memorandum of Understanding on Cooperation on the Setting Up of the Blast Freezer and...
The Royal Thai Navy (RTN) is modernizing its fleet for the purpose of border surveillance to combat illegal trade and fishing. Switzerland-based RUAG International has been selected to modernize two of the seven aircraft in RTN’s Dornier 228 fleet. This also...
The Thai Parliament recently ratified the Regional Comprehensive Economic Partnership (RCEP), the world’s largest trade bloc. The RCEP includes the 10 members of ASEAN, plus China, Japan, South Korea, Australia, and New Zealand, combining one-third of the global...
Thailand’s state-owned company PTT recently shipped an LNG (liquefied natural gas) reload cargo to Japan for the first time. The LNG cargo was shipped from Map Ta Phut regasification terminal to Tokyo Gas’ Ohgishima terminal, according to data from...
The Asian Development Bank (ADB) and the Government of Thailand recently announced a USD 2 million technical assistance grant to help promote the adoption of climate-smart agriculture in the highlands of northern Thailand. The technical assistance grant, funded by the...
SCB 10X, the venture arm of Thailand’s Siam Commercial Bank, has announced the launch of a new fund worth USD 50 million. The fund will invest in early- and growth-stage startups worldwide, focusing on blockchain, digital asset, and decentralized finance (DeFi)....