The Rise of Electric Vehicle Investment in Thailand

The electric vehicle (EV) market in Thailand has seen remarkable growth over the past year. As of January 2024, the cumulative registered electric vehicles in the battery electric vehicles (BEV) category reached 147,743 units, marking a 301.75 percent increase compared to January last year. Hybrid electric vehicle (HEV) exports also increased 478.62 percent, totaling 4,953… Read More

Chemical Market Conundrum: Vietnam’s Pursuit of Sustainable Industry Growth

Vietnam’s chemical industry has witnessed steady growth over the years, driven by the country’s rapid industrialization, urbanization, and expanding population. This thriving industry is expected to reach a market value of US$3.72 billion in 2024, boasting a projected compound annual growth rate (CAGR) of 8.73% over the next five years. The Vietnamese chemical landscape is… Read More

Soaring High: Exploring India’s Opportunities in the Aerospace Industry

India’s civil aviation sector has soared to new heights, exemplifying a remarkable growth trajectory that mirrors the nation’s dynamic economic landscape. With a strategic focus on modernization, infrastructure development, and regulatory reforms, India’s aviation industry has transformed into a global powerhouse, witnessing unprecedented expansion and fostering connectivity across the subcontinent and beyond. The rise of… Read More

Building Altitude: Thailand’s Aerospace Industry Soars Post-Pandemic

The growth in air passenger traffic in Thailand, and the future air traffic growth potential following the Covid pandemic, makes Thailand an attractive destination for commercial aircraft maintenance and manufacturing industries. Thailand annual airport passenger volume peaked in 2019 at 143 million. The Covid pandemic disrupted both domestic and international passenger volumes. Passenger volume for… Read More

Tradition to Transformation: Vietnam’s Food & Beverage Revolution with AI and IoT

With the global spotlight fixated on Vietnam, the nation has undertaken significant efforts to maintain its competitiveness in economic advancement. With an impressive 8% annual GDP growth YoY and a noteworthy $36.61 billion in FDI for 2023, Vietnam is drawing considerable attention – and rightfully so. Amid various industries attracting investors, one that stands out… Read More

Seeding Innovation: Opportunities for Foreign Companies in Japan’s Agritech Industry

The intersection of agriculture and technology, known as agritech, is emerging as a transformative force in Japan, offering solutions to challenges posed by an aging agricultural workforce and rising production costs. In 2020, the average age of individuals engaged primarily in agriculture in Japan was approximately 68 years old, and the number of people involved… Read More