Thailand’s Board of Investment (BOI) approved four investment projects from Japan, Taiwan and Singapore worth around USD 1 billion in September 2019. According to the BOI, the largest of the four projects consists is a joint venture between Thai, Japanese and...
Thailand has announced plans to buy 120 American armored vehicles. The delivery will be completed by 2020, with the first batch of 10 arriving in September 2019. Ministerial sources have revealed that Thailand paid for 47 vehicles and the US would supply 23 free as...
In August 2019, the Thailand Board of Investment (BOI) entered into an agreement with eight of the country’s leading universities, aiming to improve linkages between the academic and Manufacturing sectors. The memorandum of understanding signed with Thailand’s...
It is expected that the Thai Digital Economy Promotion Agency (DEPA) will soon issue the terms of reference for the private sector to invest in the Digital Park Thailand project, which is located at Chonburi’s Sri Racha district. The USD 130 million project is part of...
The Thai Ministry of Public Health is ready to start distributing a cannabis-based traditional medicine formula, which will be given to around 4,000 patients who have not responded to conventional treatment. The Ministry received about 10,000 bottles of cannabis oil...
This September it was announced by the Office of the Energy Regulatory Commission of Thailand (ERC) that 34 projects will be implemented under its regulatory sandbox program. The initiative involves participation from major Energy players from both the private and...
The Port of Authority of Thailand (PAT) is currently developing the Ranong Port as a logistics gateway between Thailand and India. The two countries have agreed to promote a new maritime route in the Andaman Sea between Krishnapatnam Port in India and Ranong Port on...
Thailand and South Korea have announced a joint project for the development of electric buses. The project, which will be led by Korean automaker Edison Motors, involves 11 organizations from both countries. Thai players include the Bangkok Mass Transit Authority, the...
Thailand is expected to introduce a value-added-tax on electronic businesses in 2020, aiming at collecting between USD 98 million to USD 131 million a year. The proposal will be sent for parliamentary approval later in 2019. According to official sources, the...
Thailand is planning to launch a stimulus package worth USD 10 billion. The package will consist of three main groups of measures: assistance for people affected by the drought crisis, efforts to mitigate the impact of the global slowdown on the Thai economy, and help...
In July 2019 it was revealed that Facebook mapped 300,000 miles (487,000 km) of previously unmapped roads in Thailand by using artificial intelligence (AI), making the results available to the public. According to Facebook, the project was completed in 18 months, less...
In July 2019, Teleport, the digital cargo and logistics platform of AirAsia, and Triple i Logistics, a logistics integrator with 27 years of experience in the international forwarding and logistics industry, have signed a Memorandum of Understanding (MoU) covering the...
