Economy and industry

Thailand has been a stronghold for automobile manufacturing for decades. It nicknamed itself “the Detroit of Asia,” and the moniker stuck, with good reason. It’s currently the 12th most industrious auto manufacturer in the world, and the largest in Southeast Asia.Keep reading ...

Thailand has called for South Korea investors to increase their investments in Thailand’s Eastern Economic Corridor and other areas, while indicating its readiness to serve as a gateway for South Korea businesses in this region.Keep reading ...

Investment applications for the government’s flagship Eastern Economic Corridor (EEC) scheme have reached 400 billion baht, beating its target of 300 billion for the year, says the EEC Office. Keep reading ...

The Japanese Ministry of Agriculture, Forestry and Fisheries (MAFF) insisted during a meeting in Vientiane that the government of Japan will continue to support the Mekong River Commission (MRC) in a project to improve irrigation facilities across the lower Mekong countries of Cambodia, Lao PDR, ...

Asian economies are climbing up the ranks of global innovation, with Singapore reaching the top five and China cracking the top 20 for the first time in this year’s annual Global Innovation Index released Tuesday (July 10). The improvements reflect vigorous government efforts as well ...

Thailand’s junta has expressed interest in promoting platform economies—such as Uber and Airbnb—as part of its “Thailand 4.0” digital economy strategy. Yet the government lacks fundamental understanding of how these economies operate, not to mention to the potential effects of nurturing them.Keep reading ...

Thailand’s military-led government is pushing for faster public investment spending, which has missed expectations following the adoption of tougher rules on procurement, Deputy Prime Minister Somkid Jatusripitak said on Wednesday.Keep reading ...

Planet, a San Francisco-based firm specialising in satellite mapping, has signed a deal with the Geo-Informatics and Space Technology Development Agency (GISTDA), under Thailand’s Ministry of Science and Technology, to provide satellite imagery to enable monitoring of the country.Keep reading ...

A number of Thai and foreign companies have expressed interest in the contract to build a high-speed railway connecting Don Mueang, Suvarnabhumi, and U Tapao airports. Keep reading ...

Thai ambassador to the UK Pisanu Suvanajata has welcomed the announcement by the UK Export Finance (UKEF) of a 4.5-billion pounds financing in support UK investors’ ventures and sourcing of materials in Thailand. Keep reading ...