CP Group Sets up Joint Automotive Venture with China’s Foton

Thai conglomerate, Charoen Pokphand (CP) Group and China’s Foton Motor Group have created a joint venture (JV) in Thailand, investing THB 500 million (USD 15.87 million) to manufacture pickups, big trucks, buses and passenger cars.  Foton’s will support CP with...

EGAT to Implement New Flexible Power Generation System

The Electricity Generating Authority of Thailand (EGAT), a state-owned enterprise, is looking to develop a flexible power generation system to tackle unstable power generation from renewable Energy sources. With renewable power generation and distribution increasing...

Heavy Competition for Duty Free Auction at Airports of Thailand

Airports of Thailand, a state-owned enterprise which operates six major airports in Thailand, has two open tenders for two contracts; one for the operation of stores at Bangkok Suvarnabhumi Airport, Thailand’s flagship gateway and another for store operation across...

Private Hospitals Association Sues Over State Price Controls

Private hospitals have brought a lawsuit against the Commerce Ministry’s proposal to put healthcare and Medical expenses on a state price control list. The Private Hospital Association claimed that the proposal and further endeavors to control prices of these services...

State Railway in Thailand to Invest THB 54 Billion in New Trains

The State Railway of Thailand (SRT) is planning to invest THB 54 billion baht (USD 1.71 billion) to purchase additional trains for the upgraded dual-tracks which will be gradually opened between 2021 -2023.The first phase of the upgrades will require THB 7 billion...

Thai Airways Seeking Approval for 38 New Aircraft

Thai Airways International (THAI) is looking to propose a THB 156 billion (USD 4.95 billion) procurement plan to buy or lease 38 new planes. The two-phase plan would see THAI purchase a mix of narrow body and wide body aircrafts. The company is planning to procure 25...

Thai Cabinet Approves Roadmap for Tackling Plastic Waste

By the end of 2019, Thailand will have banned the Manufacturing and use of microbeads, cap seals and oxo-degradable plastics. By 2022, four other single-use plastics will get the chop, including plastic bags, foam boxes, cups and straws. The Thai interim government...

Thai Finance Ministry Considering THB 20 Billion Stimulus Package

The Thai Finance Ministry is proposing a stimulus package of about THB 20 billion (USD 635 million) to aid its slumping economic growth. According to the Finance Minister launching the stimulus measures are paramount as GDP growth is predicted to be hovering just...

Samitivej Hospital Launches Virtual Medical Service App

Samitivej Hospital Group, a private hospital in Thailand with a network of eight hospitals and owned by Bangkok Dusit Medical Services (BDMS), recently announced the launch of its one-stop Virtual Hospital app, offering 3 key services: Teleconsultation – a remote...

Sony Shifts Smartphone Production to Thailand

According to media reports, Sony is closing a smartphone production plant in Beijing and shifting to Thailand. The unit has continually experienced losses over the last few quarters. A company spokesperson advised that Sony hopes to make the business profitable by...