Thailand’s Leap into the Future: The Plan to Create 280,000 New IT Jobs
Thailand plans to create 280,000 tech jobs in 5 years to become a high-tech hub, focusing on semiconductors, EVs, and AI. Challenges include skilled workforce, education gaps, and transitioning informal workers. Tech sector drives economic growth and innovation, creating new job opportunities and attracting investments. The synergy between technology and economic strategy is crucial for Thailand's future success.
Court spares Office of Insurance Commission in Bt40 billion lawsuit
The Central Administrative Court dismissed a Bt40 billion lawsuit against the Office of the Insurance Commission by Syn Mun Kong Insurance related to banning...
Navigating Southeast Asia: Maximizing Market Entry Success Through Multi-Country Benchmarking
Investors should use benchmarking to identify optimal Southeast Asian markets. The region's digital boom, sustainable technologies, and manufacturing prowess offer great potential. However, political...
Winning bidder announced in auction of old pledging scheme rice
V8 Intertrading won a bid for 15,000 tonnes of ten-year-old rice at Bt19.07/kg. Six companies bid. The Commerce Ministry expects a deal to be...
Thailand BOI Approves Investment Worth USD1.54 billion in Biochemicals, Data Centers, and Hospital
Thailand's Board of Investment approved $1.54 billion worth of projects, including a bio-ethylene plant, data centers, power plants, and a hospital, to boost economic growth and environmental protection.
Many Thai industries in battle for survival
Thai industries face collapse from competition with China, technology changes, and rising wages. Factory closures and layoffs are increasing, with concerns over the impact...
World Bank cuts GDP growth forecast for Thailand to 2.4%
The World Bank and UOB have lowered Thailand's 2024 GDP growth forecast to 2.4%, with a Thai business group predicting even lower at 2.2%-2.7%....
Thai government aims to boost economic growth to 3%
Thailand aims to boost economic growth to 3% by attracting more tourists, increasing public investment, and addressing challenges like global economic slowdown.