Tag: Thailand

Thailand Set to Boost EV Battery Production with Major Chinese Investment

Thailand is poised to become a hub for electric vehicle (EV) battery cell production as the Board of Investment (BoI) anticipates significant investment from top Chinese firms in this sector. The BoI’s recent pitch to several prominent names in the Chinese EV battery landscape—showcasing the kingdom’s tailored incentives—has yielded encouraging results. With an estimated initial…
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PTT Ventures Into the Future of Clean Energy with EVs and Hydrogen

As the automotive industry searches for sustainable energy solutions, PTT Plc.’s subsidiary Arun Plus is spearheading the movement in Thailand by partnering with Taiwan’s Hon Hai Precision Industry Co. to produce electric vehicles (EVs) locally. While EVs represent a significant leap forward in reducing reliance on fossil fuels, PTT isn’t putting all its bets on…
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Reinvigorated Yacht Octopus Set to Make Waves in Charter Market Under New Management

The iconic 126.2-metre yacht Octopus is gearing up for an exciting return to the charter market this summer post-refit, now under the careful guardian of Big Blue Expeditions, which has taken on the role of in-house charter manager. This strategic move enables the company to uphold exceptional quality standards and to tailor its offerings to…
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Thailand to Welcome Major EV Battery Cell Production Facility

Thailand is gearing up to become a significant hub for electric vehicle (EV) battery cell production within the next two years, as global investors have shown keen interest in establishing large-scale manufacturing plants in the country. This expected development comes in the wake of the Board of Investment’s (BoI) recent promotional campaign in China, which…
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Thailand Advances Its Space Aspirations with Satellite Slot Auctions

Thailand’s National Broadcasting and Telecommunications Commission (NBTC) blazes a trail into the cosmos as the regulator recently conducted the nation’s inaugural auction for satellite orbit slots. In a strategic expansion of the country’s space sector, the NBTC offered five distinct packages for bidding, targeting slots over strategic global positions. The auction was not without adjustments…
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Major Funding Boost for Renewable Energy in Asia by BII and FMO

Summary: British International Investment and FMO are jointly extending a significant loan to BECIS to enhance solar energy infrastructure in Asia, aiming to expand its clean energy solutions and reduce carbon emissions significantly by 2025. British International Investment (BII), based in the UK, and FMO, a Dutch development bank, have recently bolstered their commitment to…
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Thai Air Force Mobilizes F-16s Amid Myanmar’s Tensions

In a swift move to strengthen its border security, the Royal Thai Air Force has deployed F-16 fighter jets to patrol the skies near Tak province’s Mae Sot district, owing to intensified activities by the Myanmar Air Force. This proactive patrol aims to protect Thai sovereignty and ensure the safety of its citizens amidst ongoing…
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Thai Air Force Scrambles F-16 Jets Amid Myanmar Border Clashes

In response to nearby conflict in Myanmar, the Royal Thai Air Force has heightened its surveillance and sent F-16 fighter jets to oversee its territorial airspace above Mae Sot district in Tak province. This action follows reports of intense fighting in Myanmar’s Myawaddy Township, involving various armed groups engaged against Myanmar military forces. The dispatch…
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Energy Absolute and Bangkok Aviation Fuel Services Embark on Eco-Friendly Aviation Fuel Venture

A groundbreaking partnership has been announced between Energy Absolute Plc (EA) and Bangkok Aviation Fuel Services (BAFS) to create a new joint venture focused on the production of sustainable aviation fuel (SAF) as a cleaner alternative to reduce the aviation industry’s carbon footprint. The joint venture will pave the way for a substantial shift in…
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Energy Giant Chevron Exits Myanmar’s Yadana Gas Field

Chevron, a major US energy corporation, has officially divested from the Yadana natural gas field in Myanmar, transferring its shares to existing partners. This strategic withdrawal follows the company’s public denunciation of the post-coup violence and human rights violations in the country. The field, which is a significant source of gas for Thailand and domestic…
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