Thailand accelerates implementation of national AI strategy

Thailand accelerates implementation of national AI strategy

Thailand is accelerating the implementation of its artificial (AI) strategy for 2022-2027 with a view to establishing itself as an AI hub in Southeast Asia by 2027.

Southeast Asia - Mon, Dec 22, 2021 | 11:30 am GMT+7

Thailand: Rice prices predicted to rise in Q2

Thailand: Rice prices predicted to rise in Q2

Thai rice exporters expect global prices will increase in the second quarter because of the impact of the El Niño phenomenon and India's rice export restrictions, reported the Bangkok Post.

Southeast Asia - Mon, Dec 22, 2021 | 11:30 am GMT+7

Thai retail giant Central Retail posts 2023 revenue of $1.35 bln in Vietnam

Thai retail giant Central Retail posts 2023 revenue of $1.35 bln in Vietnam

Thai retailer Central Retail recorded revenue of THB49,330 million ($1.35 billion) from its Vietnam business in 2023, down 7.6% year-on-year, according to the firm’s consolidated financial statements.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Laos, Thailand launch cross-border QR payment

Laos, Thailand launch cross-border QR payment

Laos and Thailand launched cross-border QR payment linkage on Wednesday, aiming to promote innovation and access to financial services for the benefit of their people.

Southeast Asia - Mon, Dec 22, 2021 | 11:30 am GMT+7

Thailand works to reduce CO2 emissions

Thailand works to reduce CO2 emissions

Thailand is expected to start enforcing a new law outlining measures to reduce carbon dioxide (CO2) emissions in an effort to help the state and business sectors better deal with climate change, a senior official said.

Southeast Asia - Mon, Dec 22, 2021 | 11:30 am GMT+7

Thailand eyes upgrading second-tier tourism areas

Thailand eyes upgrading second-tier tourism areas

The Tourism Authority of Thailand (TAT) wants to increase tourism in second-tier areas by improving small hotels and promoting electric vehicle (EV) travel, the Bangkok Post reported.

Southeast Asia - Mon, Dec 22, 2021 | 11:30 am GMT+7

$5.4 bln Long Son Petrochemicals Complex fails test run, to try again in June

$5.4 bln Long Son Petrochemicals Complex fails test run, to try again in June

The $5.4 billion Long Son Petrochemicals Complex (LSP) in Vietnam’s southern province of Ba Ria-Vung Tau has experienced an unexpected technical setback during a test run of the whole complex.

Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Thailand pins hope on higher rice exports to Italy

Thailand pins hope on higher rice exports to Italy

Thai Deputy Prime Minister and Minister of Commerce Phumtham Wechayachai has believed that the country can export more jasmine rice to Italy, as India has restricted its exports and two other exporters have been deprived of their tax privileges by the EU.

Southeast Asia - Mon, Dec 22, 2021 | 11:30 am GMT+7

Thailand at risk of facing prolonged hot weather

Thailand at risk of facing prolonged hot weather

A Thai academic has said if the Paris agreement on climate change is not enforced effectively, Southeast Asia could be hit harder by heat waves than other regions and Thailand can face extremely hot weather for up to 220 days a year in about 20 years.

Southeast Asia - Mon, Dec 22, 2021 | 11:30 am GMT+7

Thailand rice exports to exceed 2024 target

Thailand rice exports to exceed 2024 target

Thailand's rice exports in the first three months of 2024 reached 2.5 million tonnes, 500,000 tonnes higher than the number recorded in 2023's first quarter, said the government's spokesperson Chai Watcharonke.

Southeast Asia - Mon, Dec 22, 2021 | 11:30 am GMT+7

Smartphone scams alarming in Thailand

Smartphone scams alarming in Thailand

Whoscall, the leading app to identify unknown callers and prevent smartphone scams, revealed that scam attempts in Thailand increased strongly in 2023.

Southeast Asia - Mon, Dec 22, 2021 | 11:30 am GMT+7

Petrovietnam, subsidiaries ink gas sales deal with Japanese, Thai partners for $12 bln power project

Petrovietnam, subsidiaries ink gas sales deal with Japanese, Thai partners for $12 bln power project

State-run Petrovietnam and its subsidiaries have signed deals with Japanese and Thai partners to buy gas for their long delayed $12 billion power project at Block B-O Mon.

Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Thailand, South Korea agree to launch trade talks

Thailand, South Korea agree to launch trade talks

South Korea's Ministry of Trade, Industry and Energy (MOTIE) on Wednesday announced that it has agreed with Thailand to kick off negotiations on a comprehensive economic partnership, as the North Asian country aims to expand its presence in the Southeast Asian region.

Southeast Asia - Mon, Dec 22, 2021 | 11:30 am GMT+7

Billionaires to attend central Vietnam investment promotion conference

Billionaires to attend central Vietnam investment promotion conference

The central province of Binh Dinh says well known billionaires are among more than 1,000 delegates set to attend its investment promotion conference later this month.

Investing - Mon, Dec 22, 2021 | 11:30 am GMT+7

Thailand promotes smart agriculture initiatives

Thailand promotes smart agriculture initiatives

The Federation of Thai Industries (FTI) is advancing smart farming initiatives by collaborating with university experts to launch a pilot project for smart agriculture development.

Southeast Asia - Mon, Dec 22, 2021 | 11:30 am GMT+7

Thailand’s economy faces long-term downturn

Thailand’s economy faces long-term downturn

Long-term structural obstacles in the export and manufacturing sectors are having significant impacts on Thailand's economy while affecting its ability to compete globally, the Bank of Thailand (BoT) has reported.

Southeast Asia - Mon, Dec 22, 2021 | 11:30 am GMT+7

Thai energy giant Banpu records 2023 revenue of $13 mln in Vietnam

Thai energy giant Banpu records 2023 revenue of $13 mln in Vietnam

Banpu Public Company Limited, a Thai energy giant, recorded a total revenue of THB462 million ($12.7 million) from renewable energy in Vietnam in 2023, according to the firm’s financial statement.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Thailand works to conserve coral reefs

Thailand works to conserve coral reefs

Thai marine biologists are making efforts to save the country’s reefs from degradation driven by warming oceans and human activity like tourism.

Southeast Asia - Mon, Dec 22, 2021 | 11:30 am GMT+7

Thailand, UK agree to elevate relationship to strategic partnership

Thailand, UK agree to elevate relationship to strategic partnership

Thailand and the UK on Wednesday signed a strategic partnership roadmap agreement, an upgrade to their current bilateral ties.

Southeast Asia - Mon, Dec 22, 2021 | 11:30 am GMT+7

Thailand aims to become EV production hub

Thailand aims to become EV production hub

Thai Prime Minister Srettha Thavisin on Friday reiterated his government's policy to promote the domestic manufacturing of electric vehicles (EVs) and parts in order to drive national economy.

Southeast Asia - Mon, Dec 22, 2021 | 11:30 am GMT+7

Thai researchers turn food waste into biochar

Thai researchers turn food waste into biochar

A team of researchers from the King Mongkut’s University of Technology Thonburi (KMUTT) has devised a technique for turning two types of food waste into fuel comparable to low-grade coal, the Thai media has reported.

Southeast Asia - Mon, Dec 22, 2021 | 11:30 am GMT+7

Thai retail giant to build shopping mall in Hung Yen province

Thai retail giant to build shopping mall in Hung Yen province

Leading Thai retailer Central Retail will build a 15,847 square meter mall, GO! Hung Yen, in Vietnam's eponymous northern province that neighbors Hanoi.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Thailand strives to curb air pollution in tourist hotspot Chiang Mai

Thailand strives to curb air pollution in tourist hotspot Chiang Mai

Thai Prime Minister Srettha Thavisin on Saturday vowed to tackle air pollution at the country’s tourism hotspot of Chiang Mai, which had the worst air quality in the world for the two previous days.

Southeast Asia - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam third largest market for Hong Kong-based Coca-Cola bottler

Vietnam third largest market for Hong Kong-based Coca-Cola bottler

Hong Kong-based Swire Pacific, a Coca-Cola bottler, says Vietnam sales of 155 million unit cases in 2023 made the country the company’s third largest market in the world.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

VinFast to attend motor shows in Thailand, Canada, sell EVs in Africa

VinFast to attend motor shows in Thailand, Canada, sell EVs in Africa

VinFast, the electric vehicle (EV) arm of Vietnamese conglomerate Vingroup, will attend international motor shows in Thailand and Canada, and attempt to break into the African market this year.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Thai developer WHA to invest in central Vietnam industrial park

Thai developer WHA to invest in central Vietnam industrial park

Thailand's WHA Industrial Development has received in-principle approval to build a 400-hectare, VND3.5 trillion ($141.5 million) industrial park in the central province of Quang Nam.

Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Thailand to send 3,000 skilled shipbuilding workers to S Korea

Thailand to send 3,000 skilled shipbuilding workers to S Korea

Thai Minister of Labour Phiphat Ratchakitprakarn has reached an agreement to send 3,000 Thai skilled shipbuilding workers to South Korea during his trip to Seoul on Wednesday.

Southeast Asia - Mon, Dec 22, 2021 | 11:30 am GMT+7

Thailand’s Super Energy sees 2023 Vietnam revenue flat at $102 mln

Thailand’s Super Energy sees 2023 Vietnam revenue flat at $102 mln

Thailand’s Super Energy Corporation recorded 2023 revenues of THB3,655.6 million ($102.1 million) in Vietnam, down 0.07% year-on-year, according to the firm’s financial statement.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Thailand prepares for national AI strategy’s second phase

Thailand prepares for national AI strategy’s second phase

The development of an artificial intelligence (AI) workforce and the creation of a Thai large language model (ThaiLLM) are among the six proposed flagship projects under the second phase of Thailand's national AI strategy and action plan.

Southeast Asia - Mon, Dec 22, 2021 | 11:30 am GMT+7

Machine parts maker IKO Thompson leases 3 hectares for plant in northern Vietnam

Machine parts maker IKO Thompson leases 3 hectares for plant in northern Vietnam

IKO Thompson Vietnam, under Japanese machine parts manufacturer IKO Thompson, has signed a land use right sublease agreement with the Song Khoai Industrial Park, also known as Amata City Ha Long, in Vietnam’s northern province of Quang Ninh.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Thailand eyes 36-40 million foreign tourists this year

Thailand eyes 36-40 million foreign tourists this year

Thailand is estimated to receive 36 million foreign tourists in 2024, thanks to the improving economy and the government’s supporting policies, according to the Kasikorn Research Centre (KResearch).

Southeast Asia - Mon, Dec 22, 2021 | 11:30 am GMT+7

Thai industrial developer WHA eyes second Vietnam facility by end 2024

Thai industrial developer WHA eyes second Vietnam facility by end 2024

Thailand's WHA Industrial Development is in the process of obtaining licenses to begin construction of WHA Smart Technology Industrial Zone 1 in Vietnam’s central province of Thanh Hoa by the end of 2024.

Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Thailand addresses aging population, declining birth rates

Thailand addresses aging population, declining birth rates

Thailand's Ministry of Social Development and Human Security has engaged in discussions to exchange opinions, seek solutions, and address the challenges of the country transitioning into an aging society and the younger generation's reluctance to have children.

Southeast Asia - Mon, Dec 22, 2021 | 11:30 am GMT+7

Thai food giant Charoen Pokphand’s revenue in Vietnam falls 7% to $3.3 bln in 2023

Thai food giant Charoen Pokphand’s revenue in Vietnam falls 7% to $3.3 bln in 2023

Thailand’s Charoen Pokphand Foods Public Company Limited (CPF) recorded a revenue of THB116,053 million ($3.26 billion) from its Vietnam operations in 2023, down 7% year-on-year.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Over 10 mln Thais require medical treatment because of air pollution in 2023

Over 10 mln Thais require medical treatment because of air pollution in 2023

Thailand’s National Economic and Social Development Council (NESDC) has warned that the government must do more to tackle air pollution as more than 10 million people in the country required treatment for pollution-related health problems in 2023.

Southeast Asia - Mon, Dec 22, 2021 | 11:30 am GMT+7