Business
Airbus plans 20 billion baht ($577 million) repair site in U-tapao airport
Airbus expects the number of aircraft operating in the Asia-Pacific region to more than double in two decades, reaching at least 15,000.
Airbus looks to open an aircraft maintenance yard in eastern Thailand, hoping to capture rising demand as low-cost carriers sharply increase the number of planes flying in Asia.
The European aircraft builder is conducting a feasibility study with state-owned Thai Airways International to set up the yard at the U-tapao airport, located in an economic development zone in eastern Thailand.
A maintenance, repair and overhaul — or MRO — facility would handle inspections involving disassembly as well.
The airport, close to tourist destination Pattaya and the coastal industrial hub, is scheduled for expansion as a third flight hub serving the Bangkok metropolitan area.
Business
Thailand cooperates with Indonesia to push creative industries
Both countries aim to develop target creative industries, especially the fashion industry, the design industry and the broadcasting industry
BANGKOK, 14 MAY 2019 (NNT) – Thailand joins hands with Indonesia to push for creative industries starting with three major industries with a growth target of five percent per year.
(more…)Business
Thailand to become 4th largest production base for EV batteries in Asia
KResearch forecasts that the EV market share in the next five years will increase to one-fourth, or 240,000 units, of the total car sales nationwide
The booming electric vehicle (EV) market in Thailand is increasingly evident in 2019 as a number of automakers have sought the Board of Investment (BOI)’s incentives to produce EVs here.
(more…)Business
Electric cars will help cut smog in Thailand
A number of proposals have been made for long-term solutions to the problem of pollution caused by vehicle emissions
Increasing air pollution in Thailand caused by hazardous particulate matter known as PM2.5 has led many people to ask where this threat is coming from.
(more…)
Thai Economy likely to miss the 3.5% growth target
Deputy Prime Minister Somkid Jatusripitak said the global economic slowdown hasweakened exports and reduced domestic consumption
Google shuts down Huawei’s access to Android updates after US blacklist
Holders of current Huawei smartphones with Google apps, however, will continue to be able to use and download app updates...
Drivers of Asia Pacific office space demand in 2019 remain strong
More employers plan to increase rather than decrease staffing levels in most Asia Pacific countries, with employers in Japan reporting...
First-home stimulus measure may have limited impact on Thailand’s housing market
The first-home buyers who make less than 25,000 baht per month however will not benefit from this scheme.
Real-time payments : An opportunity for the entire Asian financial ecosystem ?
Real-time payments (RTPs) are critical for bringing millions of people into the digital financial ecosystem, enabling the rise in the...
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