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GENERAL

State mulls widening scope of fund outlays

Business, Wichit Chantanusornsiri, Published on 08/08/2025

» The government is considering expanding the scope of spending for the Competitiveness Enhancement Fund to cover businesses not promoted by the Board of Investment (BoI).

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THAILAND

Thailand Secures THB 10.9bn in Tapioca Deals

Published on 07/08/2025

» Bangkok, August 6, 2025 – The Ministry of Commerce (MoC), led by Minister Jatuporn Buruspat, officially opened the 7th World Tapioca Conference 2025 (WTC 2025) under the theme “Thailand Tapioca Next: Go Global Go Together.” Held at TRUE ICON HALL, ICONSIAM, the event reinforced Thailand’s ambition to remain a global leader in tapioca exports while highlighting the collaborative strength of its stakeholders across the entire value chain.

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GENERAL

Agency keen to see 2 more unicorns by 2027

Business, Komsan Tortermvasana, Published on 07/08/2025

» The National Innovation Agency (NIA) wants to see two new unicorn startups emerge by 2027, particularly from businesses involved in the field of generative artificial intelligence (GenAI).

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GENERAL

Phumtham upbeat about foreign investment

Published on 06/08/2025

» Thailand has attracted some 550 billion baht in foreign direct investment over the past two years, with 31 leading international companies establishing or expanding operations in the country and creating more than 53,000 jobs, Acting Prime Minister Phumtham Wechayachai said on Wednesday.

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GENERAL

Thai-US talks to clarify tariff rules

Phusadee Arunmas, Published on 06/08/2025

» Thailand will have detailed discussions with the United States regarding their new tariff agreement this month, according to Chantawit Tantasith, a deputy commerce minister.

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GENERAL

Thai growth projections upgraded on lower US tariffs

Somruedi Banchongduang, Published on 06/08/2025

» The local private sector has increased its forecast for Thai GDP growth this year to 1.8-2.2%, rising from an estimate of 1.5-2% following the recent US decision to reduce tariffs on imports from Thailand from 36% to 19%.

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THAILAND

Chula Licenses Thai PD-1 Antibody to US Biopharma

Published on 06/08/2025

» Bangkok, August 6, 2025 — Chulalongkorn University has entered a landmark licensing agreement with US-based biopharmaceutical company OncoSynergy Inc., transferring the technology behind its innovative Thai-developed PD-1 antibody that could offer new hope in advancing next-generation cancer immunotherapy.

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THAILAND

Nestlé Powers Six Thai Factories with Green Energy

Published on 06/08/2025

» Nestlé (Thai) Ltd. is moving forward with the use of green electricity from renewable sources at its six factories in Thailand. This initiative is a collaboration with the Metropolitan Electricity Authority (MEA) and the Provincial Electricity Authority (PEA) under the Utility Green Tariff 1 (UGT1) program, which provides renewable power from unspecified sources. The collaboration aligns with Nestlé’s goal of using 100% renewable electricity in its factories in Thailand by the end of this year. It is also part of the company’s Net Zero 2050 roadmap, which aims to achieve net zero greenhouse gas emissions by 2050. Through this initiative, Nestlé is demonstrating its commitment to providing high-quality, tasty, and more nutritious products made with electricity from sustainable sources for Thai people at all life stages.

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GENERAL

Thailand’s zero tariff vow to Trump still limits US imports

Bloomberg News, Published on 06/08/2025

» Thailand’s pledge to President Donald Trump of near-total market access for US goods includes key limits to protect some domestic industries, according to a government official, laying out the Southeast Asian nation’s terms for a tariff deal with Washington.

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THAILAND

Cybersecurity workshop with Israel launched

News, Poramet Tangsathaporn, Published on 06/08/2025

» Thailand and Israel have jointly launched the largest government-to-government cybersecurity workshop between the two nations, aimed at deepening bilateral cooperation and boosting cybersecurity resilience.