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BUSINESS

BoI, funds support key R&D projects

Business, Chatrudee Theparat, Published on 06/06/2022

» The government looks set to tap into the Global Partnership Fund and Competitiveness Fund as tools to draw foreign investment in high technology and targeted industries.

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BUSINESS

New corridors poised to draw B313bn by 2032

Business, Chatrudee Theparat, Published on 26/05/2022

» New regional economic corridors are estimated to draw a combined 313 billion baht worth of state and private investment between 2022 and 2032, according to a recent study.

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BUSINESS

EEC Office banking on Japanese investors

Business, Chatrudee Theparat, Published on 16/05/2022

» The Eastern Economic Corridor (EEC) Office is keen to draw Japanese investment in electric vehicles, smart electronics, semiconductors, pharmaceuticals and medical devices, digital, smart farms, the bio-, circular and green (BCG) economic model and smart cities over the next decade.

BUSINESS

State preps perks for new economic corridors

Business, Chatrudee Theparat, Published on 17/05/2022

» The government is set to offer the highest level of incentives for investors in the bio-, circular and green (BCG) economy, innovation and high technology, R&D that increases the value of products, and human resources development to supply four new regional economic corridors.

BUSINESS

NESDC, private sector team up to promote SDGs

Business, Chatrudee Theparat, Published on 03/05/2022

» The National Economic and Social Development Council (NESDC), which is the state planning unit, has joined forces with private firms to help the government achieve its sustainable development goals (SDGs).

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THAILAND

Thai silk fair buoys homegrown talent as Covid stymies travel

News, Chatrudee Theparat, Published on 06/05/2022

» The annual Thai silk fair will focus on showcasing collections by 318 fashion design students and teachers from 73 local institutions rather than international designers this year, as the Covid pandemic has yet to end.

BUSINESS

Biorefinery slated for operation in 2024

Business, Chatrudee Theparat, Published on 01/04/2022

» Bio Base Asia Pilot Plant (BBAPP), which manages the multi-purpose biorefinery pilot plant in the Eastern Economic Corridor of Innovation in Rayong, is scheduled to start operation in 2024.

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BUSINESS

State banking on EECi to overcome middle-income trap

Business, Chatrudee Theparat, Published on 07/04/2022

» The government has high hopes the Eastern Economic Corridor of Innovation (EECi) will play a key role in helping Thailand develop its own technology to escape the middle-income trap.

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BUSINESS

BoI speeds up rejig of incentives

Business, Chatrudee Theparat, Published on 11/04/2022

» The Board of Investment (BoI) is accelerating the revision of investment incentives to align them with global changes and offset the impact of the new world tax regimes proposed by the Organisation for Economic Co-operation and Development (OECD).

BUSINESS

Perks for 7 EEC zones to be introduced soon

Business, Chatrudee Theparat, Published on 14/03/2022

» Details of special incentives for seven economic zones in the government's flagship Eastern Economic Corridor (EEC) are scheduled to be announced over the next few days.