Thailand’s Highway 12, a 793-kilometer route which links Thailand with Myanmar and Laos in Tak and Mukdahan, was completed in early June this year. As part of the East-West Economic Corridor (EWEC), the route aims to fortify the logistics and trade activities between four countries, with Thailand as the hub. EWEC launched in 1998 as… Read More

The United States reclaims its top spot for global FDI. Foreign Direct Investment (FDI) has long been a driving force behind economic growth and development in the United States. After a substantial downturn in 2019 and 2020 due to the COVID-19 pandemic, FDI inflows into the United States bounced back sharply in 2021 and 2022… Read More

The Thailand Eastern Economic Corridor (EEC) is the result of a strategic initiative undertaken by the Thai Government beginning in 2015 to raise the nation to achieve high-income status within 20 years. The EEC special development zone encompasses three provinces: Rayong, Chonburi, and Chachoengsao. It targets investments and the development of innovative, high value industries… Read More

This article is part of a series exploring the beverage industry in China. For a comprehensive global market overview, refer to The Chinese Beverage Landscape: Market Overview and The Chinese Beverage Landscape: Nonalcoholic Beverage and The Chinese Beverage Landscape: Imported Beverage articles. An integral part of China’s beverage market, alcoholic beverages are highly popular among… Read More

This article is part of a series exploring Southeast Asia’s industrial zone landscape. For a comprehensive global overview, refer to our Thailand’s mega-sites review. Finding the optimal mega-site often requires making complicated tradeoffs The world is experiencing a boom of mega-project investments. In 2022, the number of +US$1 billion investment projects rose 140% from 2021… Read More

The current environment in China imposes different impacts on local and foreign companies, fueled not only by the previously stringent Zero-Covid policy, but also by the fears signaled throughout the Chinese market. In the increasingly complex investment environment, there exist a host of challenges investors must navigate, from the contraction of the economy and doubts… Read More

Why New Economy? The impact of global challenges — including geopolitical conflicts, supply chain issues, technological disruptions, and climate change — coupled with Thailand’s goal of escaping the middle-income trap and creating sustainable growth, underscores the need for Thailand’s Board of Investment (BOI) to adopt a “New Economy” strategy that focuses on advancing industries and… Read More

The semiconductor industry in India has been witnessing significant growth and exudes promising business and investment opportunities. India has a strong, technology-driven market and a large talent pool, making it an attractive destination for semiconductor companies. In line with the national visions of “Make in India”, which aims to promote domestic production and manufacturing in… Read More

Over the past century, electricity has risen to become a vital resource for both households and commercial activities. Modern industry requires safe, dependable, reliable, and economical electricity to produce products and services efficiently and with high quality. Thailand has been very successful in developing its electrical power generation, transmission grid, and distribution network. In 1976,… Read More

With its strategic location and position as one of Southeast Asia’s economic powerhouses, Singapore has transformed into the region’s busiest air transit and air freight center, as well as one of its pre-eminent aerospace and maintenance, repair, and overhaul (MRO) hubs. With over 5,600 flights linking the island nation to 143 destinations globally, Singapore’s Changi… Read More