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Thailand has Approved the Second Phase of EV Subsidy Measures for the 4-year Period (2024 - 2027)
January 03, 2024
Thailand aspires to manufacture Zero Emission Vehicles (ZEVs) at least 30% of the total motor vehicle production by the year 2030, or 725,000 cars and 675,000 motorcycles.
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Thailand BOI Approves Investment Applications worth USD535 Million in Sustainable Aviation Fuel, Logistics, and Issues Incentives to Reduce PM2.5 Dust
December 27, 2023
The BOI approved investment promotion applications worth a combined 18.7 billion baht (USD535 million) in projects including the production of sustainable aviation fuel (SAF) and logistics, and announced incentives to companies helping local communities to reduce PM2.5 dust.
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Thailand unveils two weapons to attract foreign investment
December 12, 2023
Thailand has unveiled the focus of its four-year strategy to attract foreign direct investment to boost its faltering economy: clean energy and incentives to offset the new Global Minimum Tax
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PM to Boost EV Industry Ties in Japan Visit
December 12, 2023
Prime Minister Srettha Thavisin is scheduled to visit Japan this coming weekend with a focus on strengthening ties in the electric vehicle (EV) industry. The trip is geared towards meetings with top Japanese automakers to discuss and support their transition to EV production in Thailand
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PM gearing up for investment drive during ‘78th UN General Assembly’ in New York Sep 18-24
September 11, 2023
The prime minister has recently met with Board of Investment (BOI) Secretary-General Narit Therdsteerasukdi to discuss the BOI’s strategy to attract foreign investors in the United States.
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Kia mulls building its first ASEAN production facility in Thailand
September 07, 2023
South Korea's Kia Corp plans to build a factory in Thailand with an annual capacity to produce 250,000 vehicles, said a Reuters report in Channel News Asia, citing an unnamed source in a Korean newspaper. The company could sign an investment agreement with the Thai government this year
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China’s Kinwong Electronic Unveils Plan to Build USD96 Million PCB Base in Thailand
September 06, 2023
Kinwong Electronic, a leading supplier of printed circuit boards, plans to invest CNY700 million (USD96.4 million) in a new production base in Thailand to better serve overseas clients and adapt to changes in the global economic and trade environment
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Thai PM Srettha to take finance portfolio amid tepid economic growth
September 06, 2023
Thailand's new Prime Minister, Srettha Thavisin, was named finance minister in a Cabinet which see his Pheu Thai party, backed by the Shinawatra family, will oversee defense, transport, commerce, health, and foreign ministry portfolios, said a Reuters report in Channel News Asia.
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Engineer shortage may harm US plan to turn Vietnam into chips powerhouse
September 06, 2023
A chronic shortage of engineers in Vietnam is a major challenge to the growth of the country’s semiconductor industry and the US plans of fast-tracking it as a chips hub to hedge against China-related supply risks, reported Reuters.
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