by Teuvo Tuomi | Oct 1, 2024 | Innovation, Digitalization, Investment, News, Technology, Thailand
Tech company Google has announced plans to invest US$1 billion to build its data center and cloud region in Thailand. The data center will be located in an industrial estate in Chonburi, while the Google Cloud region, which includes hardware and software providing...
by Teuvo Tuomi | Sep 30, 2024 | China, Laos, News, Thailand, Transportation, Travel
According to Thailand’s Transport Minister Suriya Jungrungreangkit, the first phase of the Thai-Chinese high-speed rail would be completed in 2028. The first phase of the Thai-Chinese high-speed rail from Bangkok to Nakhon Ratchasima is 35% complete. Suriya expects...
by Teuvo Tuomi | Sep 29, 2024 | Climate, Energy, Environment, News, Sustainability, Thailand
The Thai government aims to introduce a carbon tax this year, Deputy Finance Minister Paopoom Rojanasakul says. Mr. Paopoom said the Finance Ministry will soon propose the carbon tax measure to the cabinet for approval, aiming for implementation within months. He said...
by Teuvo Tuomi | Sep 28, 2024 | Business, Banking, Economy, News, Thailand
Dr. Kirida Bhaopichitr from the Thailand Development Research Institute (TDRI) says that a policy rate cut by the end of this year could help to stimulate the Thai economy, which has not performed well this year. “As economic growth in Thailand is not picking up, a...
by Teuvo Tuomi | Sep 27, 2024 | ASEAN, Business, News, Thailand
Thailand fell three places from 2022 to 12th among Asia-Pacific nations in terms of ease of doing business, according to a survey by the Asia Securities Industry and Financial Markets Association (ASIFMA). Among the 13 economies ranked last year, Singapore was the...
by Teuvo Tuomi | Sep 25, 2024 | Business, Economy, Manufacturing, News, Thailand, Transportation
The manufacturing and sales of vehicles in Thailand fell by more than 20.56% in August compared to last year, the Federation of Thai Industries (FTI) reports. Surapong Phaisitpattanapong, advisor and spokesman of FTI’s automobile club, says 119,680 vehicles were...
