Thailand Drafts New Legislation Aiming to Become Regional Financial Hub
Thailand is taking steps to establish itself as a regional financial hub through new legislation aimed at attracting investment in key financial sectors. The Cabinet has approved the draft Financial Centre Act, proposed by the Finance Ministry, with the objective of...
Thailand to Develop Chiang Rai as Leading Aircraft Repair Hub
Thailand is planning to expand its presence in the aircraft maintenance industry by developing Chiang Rai Airport (CEI) into a major Maintenance, Repair, and Overhaul (MRO) hub. This initiative, led by Airports of Thailand (AOT), aims to cater to the growing demand...
South Korean Firm Begins Construction of New Cebu International Container Port
Construction of the long-delayed New Cebu International Container Port (NCICP) in Tayud, Cebu City, has officially commenced. Led by Transportation Secretary Jaime Bautista and other government officials, the groundbreaking marks the start of a USD 290 million (PHP...