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Thailand BOI Approves Extension of Investment Acceleration Packageม EEC Incentive Package and Additional Special Zones
December 20, 2021
BOI approved a number of policy measures, namely an extension of the investment acceleration package and EEC incentive package, special incentive package for Yothi Medical Innovation Zone, and classification of AIT and TISTR as science and technology zones.
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EEC Smart City Projects Set to Draw Close to B100bn
December 20, 2021
Smart city development in three provinces of the flagship Eastern Economic Corridor (EEC) is projected to draw as much as 100 billion baht over the next five years, helping upgrade the livelihood of residents there, according to the EEC Office.
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Philippines, Thailand Poised for Faster Growth in 2022
December 20, 2021
Economists have upgraded growth forecasts for major Southeast Asian countries in 2022, driven by election-related spending in the Philippines and the reopening of Thailand's tourism industry.
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Thailand Launches ASEAN’s First 5G Smart Hospital
December 17, 2021
Office of The National Broadcasting and Telecommunications Commission (NBTC), Siriraj Hospital, and Huawei Technologies (Thailand) Co., Ltd. jointly launched the “Siriraj World Class 5G Smart Hospital”. This is the first and largest 5G smart hospital project in the ASEAN region.
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Thailand Expects Digital Finance to Boost Economic Growth in 2022
December 17, 2021
The digital finance service is part of a smart payment infrastructure connecting government agencies, lenders and businesses with digital technology.
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US Auto Firms Committed to Thai Hub
December 16, 2021
US auto firms remain keen to use Thailand as a regional production base, focusing more on electric vehicles (EV) after Ford Motor Co last Wednesday unveiled an investment of US$900 million.
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Commerce Minister Discusses American Support for BCG Model with US Charge d’Affaires
December 15, 2021
Deputy Prime Minister and Minister of Commerce Jurin Laksanawisit discussed with Michael Heath, of the U.S. Mission in Thailand, about Thailand’s BCG push.
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Mitsubishi Electric to Increase A/C Compressor Production in Thailand
December 15, 2021
Mitsubishi Electric Corporation announced today that it will invest 0.6 billion Thai baht (approx. 18 million USD) to increase production capacity at the company's air-conditioner compressor production base, Siam Compressor Industry Co., Ltd (SCI), in Thailand.
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Thailand's Economy Expected to Recover by End 2022
December 15, 2021
The Thai economy is now expected to have a GDP growth of 3.9 per cent next year, up from one per cent this year.
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