Thailand’s disbanded opposition party, Move Forward, has re-emerged as the People’s Party, promising to continue its progressive agenda and challenge the country’s conservative establishment. The party, which won the most seats in the last election, …
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Thailand Offers Incentives to Boost EV Production Through Joint Ventures
Thailand, Southeast Asia’s largest auto production hub, is offering incentives to encourage joint ventures (JVs) in the automotive parts sector, specifically targeting electric vehicles (EVs). The Board of Investment (BOI) announced on Thursday that it …
Continue readingThailand’s Stimulus Budget Passes First Parliamentary Vote Amids
Thailand’s government has secured initial approval for an additional 122 billion baht ($3.4 billion) budget to fund its “digital wallet” stimulus program. This program aims to jumpstart the country’s struggling economy, which grew only 1.9% …
Continue readingSix Foreign Nationals Found Dead in Bangkok Hotel, Thai PM Orders Probe
Thai police are investigating the deaths of six foreign nationals found in a room at Bangkok’s Grand Hyatt Erawan hotel on Tuesday. The victims, all of Vietnamese descent with two holding U.S. passports, arrived in …
Continue readingBYD Acquires 20% Stake in Thai Dealer Rever Automotive, Deepening EV Market Presence
BYD Deepens Thailand Market Presence with Rever Automotive Acquisition Shenzhen-based automaker BYD has acquired a 20% stake in its Thai distributor, Rever Automotive, solidifying its position in the country’s rapidly growing electric vehicle (EV) market. …
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