Thailand’s Department of Highways has seven key projects lined up for 2020, with a combined value of more than THB 124 billion (USD 4.1 billion), reported the Bangkok Post. Design work has been completed for five of the projects. Fifth Thai-Lao friendship bridge...
Bangkok-headquartered ecommerce enabler, aCommerce announced the closing of a USD 15 million funding round from Indies Capital Partners on 14 January 2020. The USD 15 million funding from Indies Capital Partners follows a USD 10 million funding round from existing...
The Bank of Thailand (BOT) released the December 2019 issue of the Monetary Policy Report in January 2020. According to the report, the Thai economy is projected to expand at 2.5% and 2.8% in 2019 and 2020 respectively. The value of merchandise exports in 2019 is...
According to the Bangkok Post, the Digital Economy Promotion Agency (Depa) is aiming to train 1,000 government officials with big data skills at the Government Big Data Institute (GBDI), which was launched in June 2019. Of the targeted number, 500 officers will be...
The government of Thailand is setting up a water management command center to address water shortages, which could be the worst seen in the country for decades. The setting up of the command center is in line with Section 24 of the 2018 Water Act, which calls for the...
In December 2019, the director-general of the Civil Aviation Authority of Thailand (CAAT) said that two new budget airlines are expected to launch operations in Thailand during 2020. These two will be the first Thai-registered airlines to launch in the country since...
The European Union has recently announced its intentions to resume negotiations with Thailand on a free trade agreement (FTA), after earlier talks were put on hold following a 2014 military coup in the South East Asian country. The statement comes after general...
Thailand’s largest mall operator, Central Pattana Pcl, has announced that it will invest around USD 723 million by 2022 in new projects and store renovations. Thai Central Pattana will invest in new projects in Ayutthaya, Si Racha and Chanthaburi, developing malls,...
On October 2019, a consortium led by Thailand’s largest conglomerate, the Charoen Pokphand (CP) Group on 24 October 2019 signed a USD 7.4 billion deal with the State Railway of Thailand (SRT) to build a high-speed railway connecting three airports. The railway line...
In October 2019 Thailand’s National Committee on Hazardous Substances voted to ban three toxic farm chemicals, two herbicides – paraquat and glyphosate – and a pesticide, chlorpyrifos. However, the decision follows protests by opposing farmers from...
The Thai Ministry of Transport revealed that it is considering using biometric technology for facial scanning of air passengers in order to improve passenger experience, reduce waiting times, and increase airport security. The Ministry announced that a working...
The Asian Development Bank (ADB) has announced that it will invest THB 3 billion (USD 99 million) in a THB 10 billion (USD 330 million) green bond issuance from Thai Energy company, Energy Absolute. The proceeds will then support the long-term financing of the...