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Cambodia, Thailand draw $320m in investments from Japan's MinebeaMitsumi
May 13, 2024
Japanese parts supplier MinebeaMitsumi plans to invest nearly 50 billion yen ($321 million) to build a factory in Cambodia and increase solar power output at its Thailand plants
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Board of Investment reveals new project proposals rise 31% in Q1
May 06, 2024
The Board of Investment (BoI) reported a 31% year-on-year surge in the value of new investment project proposals in the first quarter, tallying 228 billion baht, with electronics and electrical appliances the segment comprising the highest value
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In the EV future, Thailand, the ‘Detroit of Asia,’
May 06, 2024
Tesla faces challenges including sales decline and stock price drop amidst the US-China trade war. Amidst this, Tesla is eyeing expansion into Southeast Asia, particularly Thailand, dubbed the "Detroit of Asia," for its potential in reducing dependence on China
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Microsoft bets big on South-east Asia, pledges billions in AI and cloud investments
May 03, 2024
Microsoft announced a US$1.7 billion investment in new cloud and AI infrastructure in Indonesia. In Thailand, Microsoft announced its first data center region to expand the availability of its hyperscale cloud services
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Phononic Launches Wholly Owned Subsidiary in Thailand as APAC Headquarters
April 24, 2024
Phononic launches wholly owned subsidiary in Thailand as APAC headquarters. Phononic can now scale availability of devices, fully integrated solutions, and disruptive products to its partners and licensees that leverage its R&D and engineering design HQ in RTP, NC.
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Thailand BOI Says 2023 Investment Applications up 43% to USD 24 Billion as Large FDI Projects Soar
February 07, 2024
The Thailand Board of Investment (BOI) announced today that applications for investment promotion in 2023 reached a five-year high of 848.3 billion baht in combined value (ca. USD 24 billion)
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China-based Infrastructure Bank Interested in Thailand's Land Bridge Project
February 03, 2024
Prime Minister Srettha Thavisin disclosed on Saturday that the Asian Infrastructure Investment Bank (AIIB) was interested in funding the construction of the proposed land bridge in southern Thailand.
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Thailand and Sri Lanka Sign Trade Pact
February 03, 2024
Thailand and Sri Lanka signed a free trade agreement on Saturday, a move that Sri Lanka hopes will help it emerge from its worst financial crisis in decades.
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Thailand and Russia to Enhance Industrial Cooperation
February 02, 2024
The trade value between Thailand and Russia in 2023 amounted to 53.44 billion baht, with Thailand enjoying a trade surplus of approximately 5 billion baht.
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