Thailand Planning Initiative to Upgrade Farming Efficiency
The Bank for Agriculture and Agricultural Cooperatives (BAAC) has announced plans to develop smart solutions for helping farmers increase production and efficiency. The bank is currently working on the launch of a three-year soft loan scheme worth USD 1.8 billion...
Thailand Awards Korea Aerospace USD 78 Million Contract for Trainer Jets
In August 2021, South Korea´s leading aerospace manufacturer Korea Aerospace Industries (KAI) announced that it had signed a USD 78 million agreement with Thailand for the provision of two T-50TH advanced training jets and related support. The delivery of the aircraft...
Thailand’s Economic Recovery Accelerates, Resumes FTA Negotiations with the EU
The baht has depreciated by 10.4% against the dollar so far in 2021, helping the Thai export sector. According to the president of the Thai National Shippers’ Council, the weakening baht is considered a boon for exports, forecasting a 10% export growth in 2021....