Economy and industry

With poll countdowns starting, the government has vowed to rev up approving terms of reference (ToR) for the planned infrastructure projects worth 300-400 billion baht within four months. Deputy Prime Minister Somkid Jatusripitak said several infrastructure projects, including those related to the Eastern Economic Corridor ...

The Thailand Board of Investment (BOI) has approved 160 billion baht’s worth of investment with 150 billion baht going to Thai Oil Plc in support of its aspirations to create a transport hub and aviation city.The latest meeting of the BOI board was chaired by ...

The Ministry of Digital Economy and Society is drawing up a road map towards creating a “paperless and cashless society” in line with government policy.The project for government agencies will be implemented next year and the ministry will submit a proposal on the merger of ...

Singapore, South Korea and Japan are the most innovative countries in Asia whereas Pakistan and Bangladesh are the least innovative, according to the Global Innovation Index 2018 report.The report  analyses the energy innovation landscape of the next decade and identifies possible breakthroughs in fields such ...

The government has signed an International Cooperation Agreement (ICA) with CERN, the European Organisation for Nuclear Research, as part of its drive to take Thailand to the forefront of science.A leading scientific organisation, Geneva-based CERN uses the world’s largest and most complex scientific instruments to ...

Aiming to successfully lead Thailand into a digital economy, the Digital Economy Promotion Agency has set ambitious goals, including the country emerging as the Internet of Things (IoT) hub of Asia within five years, and the agency itself taking the lead in helping Asean countries ...

Thailand’s aviation industry is pushing a road map to raise maintenance-based income, while launching a plan to push for Don Mueang International Airport as a hub for maintenance, repair and overhaul (MRO) for aircraft engines and U-tapao Airport for integrated MRO service.Keep reading ...

Prime Minister Prayuth Chan-o-cha has ordered the Board of Investment (BoI) to consider measures in support of tourism in the provinces to boost rural economic growth, BOI’s secretary general Duangjai Asawachintachit said. She said after a meeting of the BOI’s board of committee, chaired by ...

Arianespace reports it will orbit THEOS-2, the very-high-resolution Earth observation optical satellite for Thailand, under the terms of a turnkey contract between Airbus Defence and Space and the Geo-Informatics and Space Technology Development Agency of Thailand (GISTDA).Using a Vega or Vega C rocket, this Earth ...

The Ministry of Transport has attended a forum on the development of civil aviation in Southeast Asia, which focused on reducing air traffic congestion and utilizing big data to accommodate regional growth. Transport Minister Arkhom Termpittayapaisith spoke after attending the ICAO EASA Forum on Civil ...