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THAILAND

Thailand’s EV Industry Fuels Commercial Real Estate Boom

Published on 23/09/2024

» Thailand is poised to become Southeast Asia’s leading market for electric vehicle (EV) manufacturing and innovation, which will have significant implications for the country’s commercial real estate industry. According to JLL (NYSE: JLL), sustained growth in Thailand’s EV industry, supported by government policies and foreign investment, will create an addressable real estate market of at least $6.5 billion (THB220 billion) by 2030, underpinning the country’s rise as a regional leader in EV manufacturing and innovation.

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THAILAND

AAPH invested in ADBS, Expands Global Reach with Sealant Business Acquisition

Published on 23/09/2024

» AICA Asia Pacific Holding Pte. Ltd. (AAPH) has signed a share purchase agreement to acquire a 51% stake in ADB Sealant Co., Ltd. (ADBS), a subsidiary of Applied DB Public Company Limited (ADB). Following this capital increase, ADBS will have a registered capital of 645.09 million baht, enhancing its position as a key player in industrial adhesive and sealant manufacturing for various sectors, including real estate, construction, and electronics.

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THAILAND

Toxic smoke alert from industrial estate fire in Thailand's Rayong

Post Reporters, Published on 22/09/2024

» RAYONG: People living downwind of Thai Plastic and Chemicals Plc in the Map Ta Phut Industrial Estate in Muang district have been advised to stay away from toxic smoke from its plant fire resulting from the leakage of flammable gas vinyl chloride.

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THAILAND

Deere faces bribery probe

News, Post Reporters, Published on 21/09/2024

» The Transport Ministry will set up a committee to investigate a scandal in which the US-based agricultural and construction equipment firm Deere & Company allegedly paid bribes to obtain procurement contracts from the Department of Highways (DoH) and the Department of Rural Roads (DRR).

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THAILAND

Exec given jail term for illegal dumping

Prasit Tangprasert, Published on 20/09/2024

» An executive of an industrial waste management company has been sentenced to two years and six months in prison, and the firm has been fined 250,000 baht in connection with the illegal dumping of chemical substances in Nakhon Ratchasima in 2021.

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THAILAND

Siam Piwat joins with WWD to host Global Fashion Spotlight

Published on 20/09/2024

» Siam Piwat Group – a leading real estate and retail business developer, and the owner and operator of world-renowned projects such as Siam Paragon, Siam Center, and Siam Discovery, as well as a joint owner of ICONSIAM and Siam Premium Outlets Bangkok – is reinforcing its position as a frontrunner in global destination development and fashion and luxury retail. This is achieved through collaboration with global partners and major media in the fashion industry, including globally recognised leader in fashion news Women’s Wear Daily (WWD), industry experts, and operators of leading global brands, as well as KASIKORNBANK. Together, they will host the WWD x Siam Piwat Global Fashion Spotlight on Friday, 4th October 2024. This will be the first event in Southeast Asia to bring together thought leaders and influencers across the fashion industry and showcase the potential of Thailand’s fashion industry, with the goal of elevating the country into one of the world’s fashion hubs. 

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THAILAND

Thai Union Extends Helping Hand to Flood-Affected Communities in Thailand

Published on 20/09/2024

» Thai Union Group PCL, the global leader in seafood, has launched its "Thai Union Cares for Flood Victims" initiative to support communities devastated by the recent floods in northern and northeastern Thailand. Collaborating with the Buaphet Rescue Association in Pathum Thani province, the company has donated essential supplies, including nutritious food, to those affected.

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THAILAND

Thailand’s Fashion Future Unveiled at BIFW2024

Published on 20/09/2024

» As Thailand’s iconic destinations, Siam Paragon, Siam Center, and Siam Discovery have continuously played a key role as cornerstones of the Thai fashion industry and driving forces within the country’s fashion ecosystem. In 2024, the three destinations are spotlighting Thailand as Asia’s major fashion hub with “Siam Paragon Bangkok International Fashion Week 2024” (BIFW2024), the country’s most revered fashion week and a platform of opportunity. Save the date for this fashion extravaganza from 2-6 October 2024, when Parc Paragon at Siam Paragon transforms into a vibrant fashion scene under the theme “Envision the Future.” 

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THAILAND

Bangchak Group CEO Wins Daily News Top CEO 2024: "ESG Business Leader of the Year 2024"

Published on 20/09/2024

» Mr. Chaiwat Kovavisarach, Group Chief Executive Officer and President, Bangchak Corporation Public Company Limited, received the prestigious Top CEO "ESG Business Leader of the Year 2024" award at the Daily News Top CEO 2024 award ceremony at Centara Grand Hotel at CentralWorld. 

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THAILAND

'No deal' on Don Muang concession

News, Post Reporters, Published on 20/09/2024

» Transport Minister Suriya Jungrungreangkit has confirmed the government has no plan to offer an extension of the Don Muang Tollway's operation concession to the operator, Don Muang Tollway Plc, in return for capping the toll.