According to Colliers International Thailand, in 2021, land sales and leases will grow by 5-10% on average or 2,500-3,000 rai, thanks to government investment and infrastructure improvement. Additionally, the country is offering attractive perks, such as higher tax...
To address worsening air pollution, Thailand has set a target for electric vehicles (EVs) to account for 30% of car production by the end of the decade. The 30% target will include cars, motorbikes, and buses. Some of the measures to stimulate the domestic market and...
Global technology services provider companies NTT and Cisco commenced a partnership with one of the biggest public hospitals in Thailand, Siriraj Hospital, to implement telemedicine for rapid treatment for stroke patients. The collaboration has enabled the Siriraj...
The Thailand Board of Investment (BOI) has revealed that in 2020 the country received a total of 1,717 applications from both local and foreign investors, representing a combined investment value of THB 481.1 billion (USD 16 billion). Japan led the FDI flow, followed...
DS Smith Rapak Thailand, an arm of UK listed DS Smith Plastics, has opened a new facility in Chachoengsao, a province in south-central Thailand, east of Bangkok. The new facility, which specializes in liquid bag-in box packaging and filling systems, is located 20...
To serve the rising demands and penetrate the e-commerce market, Nestlé has announced its investment strategy for long-term growth, investing over THB 4.5 billion (USD 150 million) to expand production in Thailand. Production will be boosted at three factories that...
Among South East Asian countries, Thailand is the largest producer and exporter of dairy products. In producing these items, Thailand is import-dependent for raw materials due to insufficient domestic raw milk supply. Half of the country’s dairy imports are sourced...
Thai startup and space technology company mu Space recently conducted the soft opening of its spaceship factory – the first in Thailand – a prototype that will form the basis of a larger factory to be built in 2021. Despite the COVID-19 pandemic, mu Space plans to...
According to the data collected by the Thailand Board of Investment (BOI), within the first nine months of 2020, local and international companies invested 1.7 billion USD in Thailand, over more than 300 projects listed as BCG or Bio-Circular-Green economic...
PTT Exploration and Production (PTTEP), a unit of Thailand’s state-owned energy conglomerate PTT, recently received exclusive development rights from the Myanmar government to produce natural gas off Myanmar’s coast and to deliver affordable electricity...
TMB Bank Public Company Limited is providing Thailand-based Constant Energy Group with a THB 1.5 billion (USD 50 million) green finance loan package. The funding will be deployed to expand Constant Energy’s solar energy projects for commercial and industrial (C&I)...
Thai mobile operator DTAC has selected Nokia as its first 5G radio access network (RAN) partner in a three-year deal covering the north and northeastern regions of Thailand. Meanwhile, Ericsson 5G RAN products and solutions have been selected to power DTAC 5G services...
