Thailand aims to finalize the Thailand-EFTA Free Trade Agreement, marking its first Free Trade Agreement (FTA) with European nations. The agreement, involving Iceland, Liechtenstein, Norway, and Switzerland, is set to be completed in 2024, while negotiations for the...
Lockheed Martin has introduced an industrial participation proposal for its F-16 Block 70/72, aimed at securing Thailand’s future fighter jet program. The defense company emphasizes local economic benefits and training initiatives, while rival Saab presents its Gripen...
The International Chamber of Commerce recommends Thailand establish small modular nuclear power plants to support data center operations and reduce electricity costs. The chamber chairman, Montri Mahaplerkpong, emphasized the need to revise Thailand’s energy...
The Provincial Electricity Authority (PEA) of Thailand will explore the feasibility of energy storage business models in collaboration with Nuovo Plus, a subsidiary of state-owned oil and gas company PTT Group. PEA, responsible for electricity provision in 74...
Many of Thailand’s durian farmers and exporters have become millionaires by capitalizing on the opportunities presented by China’s demand for the fruit. Apichet Chitfour left his job as a factory technician 29 years ago to invest in a durian business. He now...
Bangkok Hospital has allocated over THB 200 million (USD 5.45 million) to establish an advanced robotic surgery center. This new facility, equipped with multiple operating rooms and the latest robotic platforms including the da Vinci Xi Surgical System, signifies the...
The Port Authority of Thailand (PAT) recently introduced a development strategy focused on enhancing sustainability and community well-being through advanced technology and green energy adoption. Kriengkrai Chaisiriwongsuk, PAT’s Director General, expressed the...
Thailand is intensifying efforts to become a major hub for data centers, attracting both local and international tech companies amid the global surge in artificial intelligence and cloud computing. The Board of Investment approved two companies in June 2024 to develop...
BYD and French auto parts group Forvia have inaugurated a seat assembly plant in Thailand to support local production. The seat plant, which began operations in July 2024, will manufacture automotive seats for BYD’s Thailand facility, with an estimated annual...
Thailand’s alternative milk sector is poised for further growth, spurred by a health trend among younger consumers. Kasikorn Research Center predicts that the plant-based food market will reach THB 45 billion (USD 1.25 billion) by 2024, fueling sales of...
Thailand’s plant-based food market, projected to grow around 10%, is estimated to reach a value of THB 45 billion (USD 1.2 billion) in 2024. A recent workshop titled “The Future of Essential Agricultural Products of Thailand: A Case Study of Plant-Based...
Airbus Helicopters in Thailand and the Thai Army Transportation Engineering School (ATE) have formalized an academic partnership through a Memorandum of Understanding (MoU) to provide internship opportunities in aircraft mechanics. Signed in June 2024 by Alexandre...
