In April 2020, Thailand’s Board of Investment of Thailand (BOI) approved a series of measures aimed at mitigating the impact of the coronavirus or COVID-19 outbreak on business, including steps to encourage rapid investment in the manufacturing of medical...
In April 2020, a unit of China Energy Engineering Corp (CEEC), China Gezhouba Group International Engineering Co Ltd, signed a contract worth around USD 500 million to design and install a 90-MW Photothermal and Photovoltaic Hybrid Power Station in Thailand. The...
Triumph Group has announced that Triumph Aviation Services-Asia Ltd (TASA) has been awarded a contract by Thai Summer Airways Co, Ltd to provide maintenance and repair support and services for aircraft wheels on its Boeing 737-800 fleet. Thai Summer Airways is a new,...
Siam Commercial Bank (SCB), one of Thailand’s largest banks by assets, has revealed the formation of a partnership with Ripple which provides an enterprise blockchain solution for global payments. Following a successful exit from the Bank of Thailand (BoT)...
Thai Airways International has announced that it will press on with its project to build a USD 339 million maintenance facility east of Bangkok, after its partner Airbus dropped out due to the impact of the Covid-19 virus on air travel. According to the deputy...
China’s Huawei Technologies and the Thai Ministry of Digital Economy and Society and have revealed plans to provide Artificial Intelligence (AI) solutions and 5G technology to Siriraj Public Hospital in the fight against Covid-19. According to the Dean at the...
In early April 2020, insurer AIA Thailand in collaboration with True Digital Group, a subsidiary of leading telecommunications firm, True Corporation and hospital operator Samitivej launched a free telehealth initiative called “Virtual COVID-19 Clinic by AIA | True...
Despite the impact of the COVID-19 outbreak on the retail sector, Japanese discount chain store Don Don Donki has expanded its retail network by opening a second outlet in Thailand. Located on Ratchadamri Road, the new outlet is three times bigger than the first one,...
Sanmina Corporation, an American electronics Manufacturing services provider and Fortune 500 company, recently announced the expansion of its facility in Thailand. The site now has custom packaging and assembly capabilities to manufacture advanced optical, high speed,...
A study conducted by Thailand’s Department of Trade Negotiations found that joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), would boost Thailand’s gross domestic product (GDP) by 0.12%, or THB 13.3 billion, and...
Thai Oil Plc, Thailand’s biggest oil refiner by capacity, has officially launched its Clean Fuel Project (CFP), which aims at increasing its oil refining capacity from 275,000 barrels per day to 400,000 barrels per day, allowing also to increase product value by...
Thai startup Siam Seaplane is planning to commence commercial operations at the end of the second quarter of 2020. The destinations being planned are all within a maximum of 1.5 hours flying time from Bangkok’s Suvarnabhumi Airport, and include Pattaya, Hua Hin, and...
