thailand steps up foreign investment attraction

Thailand steps up foreign investment attraction

Thailand’s National Economic and Social Development Council (NESDC) has urged the government to facilitate the country’s transition to high-tech industries to attract investors as the second largest economy in the Southeast Asia is lagging behind others in the region in terms of growth rate and foreign direct investment (FDI) attraction.
semiconductor arena can improve with tax incentives

Semiconductor arena can improve with tax incentives

Vietnam has been emerging as a significant player in the global semiconductor industry and aimed to become a key market for large-scale chip production. However, the country faces an intense competition from regional and global rivals such as South Korea, Malaysia, and Thailand, each offering attractive incentives to lure semiconductor investments.
domestic suppliers will be key part of pandoras progression

Domestic suppliers will be key part of Pandora’s progression

Danish jewellery maker Pandora last week started construction of its $150 million factory in the southern province of Binh Duong. Pandora CEO and president Alexander Lacik talked to VIR’s Bich Ngoc about the significance of the facility, which is its first outside Thailand.
thailands kbank offers 44 million loan to bw

Thailand's KBank offers $44 million loan to BW

KBank, one of Thailand's leading banks, and BW Industrial Development Joint Stock Company, Vietnam's leading for-rent logistics and industrial platform, have announced a strategic financial partnership aimed at propelling the country's industrial and logistics sectors to new heights.
us to end duty free tariffs on vietnamese solar panels

US to end duty-free tariffs on Vietnamese solar panels

The US' duty-free tariff treatment for solar products from Cambodia, Malaysia, Thailand, and Vietnam, will end in June, according to an announcement by the White House on May 16.
thailand okeys 10 year eec visa for foreigners

Thailand okeys 10-year EEC visa for foreigners

Thailand’s cabinet has approved a special 10-year visa for executives and experts working in the Eastern Economic Corridor (EEC) to support the development of targeted industries in the country.
thailand faces credit card default risks

Thailand faces credit card default risks

The risk of default on credit card loans rose significantly in the first quarter this year in Thailand, driven by the Bank of Thailand (BoT)'s mandate for a higher minimum payment rate.
vietnamese powerlifter wins world cup golds in thailand

Vietnamese powerlifter wins World Cup golds in Thailand

World record holder Le Van Cong won two gold medals at the World Para Powerlifting Organisation's Pattaya World Cup 2024 in Thailand.
rail route connects china laos thailand malaysia

Rail route connects China, Laos, Thailand, Malaysia

The first China - Laos - Thailand - Malaysia express freight train recently departed from Chengdu, the capital of China’s southwestern Sichuan province, marking a significant milestone in regional trade connectivity.
thailand carries out cabinet reshuffle

Thailand carries out cabinet reshuffle

The new cabinet of Thai Prime Minister Srettha Thavisin was announced on April 28.
seeking to build a digital intelligent asia pacific

Seeking to build a digital, intelligent Asia-Pacific

More than 2,000 government officials, scholars, partners, and analysts from 15 Asia-Pacific countries and regions gathered at the Huawei Digital and Intelligent APAC Congress in Thailand on April 29 to discuss the deployment of digital and intelligent infrastructure.
canada asean consolidate climate change response economic cooperation

Canada, ASEAN consolidate climate change response, economic cooperation

The Canada-ASEAN Business Council (CABC) and the ASEAN Alliance on Carbon Markets (AACM) have signed a Memorandum of Understanding (MoU) to strengthen collaboration and accelerate the implementation of carbon crediting programmes across Southeast Asia.
thailand urged to increase proportion of renewable power generation

Thailand urged to increase proportion of renewable power generation

The Thai Government is being urged to increase the proportion of renewable power generation to more than the target of 50 per cent set in the power development plan (PDP).
southeast asia tops growth market for apac region

Southeast Asia tops growth market for APAC region

SME leaders in Asia Pacific see the greatest potential for growth in Southeast Asian countries, including Thailand, Vietnam, and Indonesia, according to a new FedEx survey.
china thailand forge alliance for moon exploration

China, Thailand forge alliance for moon exploration

China and Thailand have inked preliminary agreements to collaborate on the peaceful exploration and use of space, as well as on the development of international lunar research stations.