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NESDC approves B15.4bn outlay The National Economic and Social Development Council (NESDC) has approved investment plans of the Provincial Waterworks Authority (PWA) and the Metropolitan Electricity Authority (MEA) worth a combinedd 15.4 billion baht. (Bangkok Post, 10/05/2019) More
BOT chief hails launch of blockchain financial network A total of 22 Thai banks and foreign-bank branches have joined hands to build an electronic Letter of Guarantee (e-LG) network on blockchain via BCI (Thailand) Co. Ltd. with support from the Bank of Thailand (BOT). (The Nation, 29/05/2019) More
Telecom regulator neutral in tech trade war The telecom regulator has established a neutral policy on the country’s 5G development, tol avoid taking sides in the tech trade war between the US and China. (Bangkok Post, 04/06/2019) More
GDP expands at slowest pace since 4Q/2014 Thailand’s GDP in the first quarter of 2019 grew by 2.8 per cent year on year, below consensus estimate of 3.0 per cent and a marked slowdown from the 3.6 per cent in the previous quarter.(The Nation, 30/05/2019) More
Thailand sidesteps US watch list Although Thailand managed to avoid a place on the US watch list for currency manipulation, the Bank of Thailand is still wary on the matter after the US Treasury tightened its criteria, says the central bank’s chief. (Bangkok Post, 30/05/2019) More
Exporters make wish list Exporters are calling for the new government to refrain from policies that interfere with the market mechanism and to continue promoting Thai rice through marketing. (Bangkok Post, 29/05/2019) More |
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Gunkul eyes CP’s EPC project SET-listed Gunkul Engineering Plc is in talks with CP Group to join in the engineering, procurement and construction (EPC) of power lines after a CP-led consortium won the bid for a high-speed railway linking three airports. (Bangkok Post, 10/06/2019) More
China's Siasun seeking large EEC plot for plant China-based Siasun Robot & Automation Co hopes to invest in a manufacturing facility for systems integration and automation with the intention of entering Thailand's flagship Eastern Economic Corridor. (Bangkok Post, 08/05/2019) More
Private sector calls for stimulus The private sector wants the new government to introduce economic stimulus packages to support economic expansion in the remainder of the year as growth slows. (Bangkok Post, 05/06/2019) More
Study: Thais ready for 5G provider jump Half of smartphone users in Thailand would switch mobile operators within six months to one that offered 5G wireless services if their own provider did not offer the technology, according to a recent report.(Bangkok Post, 05/06/2019) More
Thailand to enforce weapons export controls starting in 2020 The Trade Controls on Weapons of Mass Destruction (TCWMD) Act, Thailand’s export control regulation on dual-use and military items, received Royal assent and was published in the Royal Gazette on April 30,2019. (The Nation, 04/06/2019) More
Top tech firms tout AI Artificial intelligence (AI) is already integrated into the private and public sectors across Asia, and companies are optimistic about its potential to improve not only efficiency but also personal welfare, according to officials at top technology firms. (Bangkok Post, 31/05/2019)More |
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Collateral Advantage: Opportunities for Asean nations in the trade war Optimism about a potential trade deal between the U.S. and China faded in late May when President Donald Trump accused Beijing of backtracking on agreements. (The Nation, 10/06/2019) More
Thailand still chasing elusive unicorn As the second largest economy in Asean, it remains a point of wounded pride that Thailand still lacks a major internationally recognized startup. (Bangkok Post, 28/05/2019)More |
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Carmakers ready to help Thailand become hub for electric vehicles in Asean Local and international car manufactures are racing to cash in on the government’s policy to promote the growth of electric vehicles (EV) in the local market and Thailand’s goal of becoming the production hub of EVs in Asean. (The Nation, 10/06/2019) More
Thailand to reduce plastic bags, sterofoam, and straws by 2022 On the World Environment Day, government agencies organised activities to encourage people to place importance on solving haze and pollution problems, while 80 percent of the use of plastic cap seals has been instigated. The use of all plastic cap seals is expected to be outlawed by 2019. (NNT, 07/05/2019) More
Many hurdles to clear for e-vehicle hub Thailand needs to overcome many challenges to make the country a manufacturing hub for electric vehicles, expert said. (The Nation, 03/06/2019) More
Energy Ministry has high hopes for solar scheme The Energy Ministry expects the solar power project for household rooftops to achieve its projection of 15,000 participants by year-end thanks to the popularity of the trend globally and declining investments costs in the sector. (Bangkok Post, 06/06/2019) More
For electric vehicles, tire inflation and efficiency go hand in hand A recent ExxonMobil study has revealed that proper tire inflation can increase an electric vehicle’s (EV’s) energy efficiency by 3 to 7 percent. (Bangkok Post, 27/05/2019) More |
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Project launched to introduce low-carbon rice farming The Thai Ministry of Agriculture and Cooperatives and the German government's international co-operation agency announced the launch of a joint public-private project aimed at transforming the central plains of Thailand to low-carbon rice farming.(The Nation, 28/05/2019) More |
| Legal / HR / CSR / Education |
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Thailand to enforce weapons export controls starting in 2020 The Trade Controls on Weapons of Mass Destruction (TCWMD) Act, Thailand’s export control regulation on dual-use and military items, received Royal assent and was published in the Royal Gazette on April 30, 2019.(The Nation, 04/06/2019)More
Cabinet okays plastics tax perks The cabinet on Tuesday approved measures to promote biodegradable plastic packaging a tax deduction on expenses from corporate income. (Bangkok Post, 05/06/2019) More
Customs Dept eyes fresh incentives for EEC investors The new government is expected to continue the ambitious EEC project. The aim of the initiative was to upgrade the economy. (Bangkok Post, 28/05/2019) More |
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Grand opening of Thai Union's new Global Innovation Center HRH Somdech Phra Kanishthadhiraj Chao Krom Somdech Phra Debaratnarajsuda Sayamboromrajakumari presided over the opening ceremony of Thai Union Group PCL’s new Global Innovation Center. More
Schaeffler invests 45 million Euros in new plant in Vietnam Schaeffler celebrated the inauguration of a new Greenfield plant at Bien Hoa City in Dong Nai province of Vietnam. The company has invested more than 45 million euros in building the modern manufacturing facility. With this investment, Schaeffler will create more than 300 additional jobs in the Dong Nai province. More
ARBURG Thailand opens new premises ARBURG subsidiary in Thailand celebrated the official opening of its new building in Samutprakarn. 60 guests joined the event to experience the potential of the largest ARBURG showroom in Southeast Asia. More
SO Sofitel Bangkok's new GM Jean-Francois Brun has been appointed General Manager of SO Sofitel Bangkok, effective 28 January 2019. More |
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German exhibitions advance again in 2018 The slower rate of economic growth in Germany and greater uncertainties regarding foreign trade had only a slight dampening effect on the German exhibition industry in 2018. Exhibitor and stand space figures increased once again. More |
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