Thaliand Advances Trade Agreeements, Seeks to Finalize Deal with EFTA

Thaliand Advances Trade Agreeements, Seeks to Finalize Deal with EFTA

Thailand aims to finalize the Thailand-EFTA Free Trade Agreement, marking its first Free Trade Agreement (FTA) with European nations. The agreement, involving Iceland, Liechtenstein, Norway, and Switzerland, is set to be completed in 2024, while negotiations for the...
Lockheed Martin and Saab Compete for Thailand’s Defence Procurement

Lockheed Martin and Saab Compete for Thailand’s Defence Procurement

Lockheed Martin has introduced an industrial participation proposal for its F-16 Block 70/72, aimed at securing Thailand’s future fighter jet program. The defense company emphasizes local economic benefits and training initiatives, while rival Saab presents its Gripen...
Thailand to Assess Feasibility of New Energy Storage System

Thailand to Assess Feasibility of New Energy Storage System

The Provincial Electricity Authority (PEA) of Thailand will explore the feasibility of energy storage business models in collaboration with Nuovo Plus, a subsidiary of state-owned oil and gas company PTT Group. PEA, responsible for electricity provision in 74...
Thailand’s Durian Industry Thrives Thanks to Exports to China

Thailand’s Durian Industry Thrives Thanks to Exports to China

Many of Thailand’s durian farmers and exporters have become millionaires by capitalizing on the opportunities presented by China’s demand for the fruit. Apichet Chitfour left his job as a factory technician 29 years ago to invest in a durian business. He now...