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EXPLAINED: 4 | Vintage Vibes

Govt agrees B338bn investment in industrial east over 5 years

The government on Tuesday approved a five-year investment of about 338 billion baht (US$9.64 billion) in its industrial east from 2023, a government official said, part of efforts to boost the country's long-term growth.

Bangkok Post

Subcon EEC 2022 to be organized on 24-26 August

SUBCON EEC is co-organized by the Thailand Board of Investment (BOI), Informa Markets, and the Thai Subcontracting Promotions Association.

Bangkok Post

Women's vital role extolled

Former prime minister Abhisit Vejjajiva and secret-general of the Eastern Economic Corridor (EEC) Kanit Sangsubhan delivered presentations yesterday during the opening session on the first day of the Global Summit of Women (GSW) 2022 in Bangkok entitled "Doing Business with Thailand".

Bangkok Post

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How to avoid EEC waste 'time bomb'

Despite the government's bravado about the Eastern Economic Corridor (EEC) being the country's economic powerhouse, one important question still gets an elusive answer: Has the EEC fulfilled its promise of protecting the environment?

Bangkok Post

Digital Valley to host 5G innovation centre

Advanced Info Service (AIS), the country's biggest mobile operator by subscriber base, has collaborated with the Digital Economy Promotion Agency (Depa) to launch the country's first 5G innovation centre and laboratory located at Thailand Digital Valley in the Eastern Economic Corridor (EEC).

Bangkok Post

Projects given approval to bolster water supply in EEC

The Eastern Economic Corridor (EEC) Office looks set to implement a public-private partnership (PPP) deal for seawater desalination projects at Map Ta Phut and Pattaya worth a combined 7.7 billion baht to ensure sufficient water supply in the EEC areas.

Bangkok Post

PM issues hurry-up to airport link

Prime Minister Prayut Chan-o-cha has urged all agencies concerned to speed up construction of the high-speed railway project in the hope of attracting more investors to the Eastern Economic Corridor (EEC).

Bangkok Post

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Bid to help HR flourish in EEC

The Eastern Economic Corridor (EEC) Office has teamed up with two Swiss companies to upgrade human resources in the high technology and medical industries in a move to accelerate Thailand's economic and social development in the corridor.

Bangkok Post

New leadership in Seoul brings fresh ideas

South Korea has a new administration under President Yoon Suk Yeol, who took office early last month. Many have speculated that the conservative leader would stray from his predecessor's approach to foreign policy, especially on North Korea.

Bangkok Post

Thirty years of Maastricht overshadowed by the war in Ukraine

Early in May 2022, French President Emmanuel Macron raised the possibility of a new type of political community that would enable countries outside the EU sign-up to "European core values”.

Radio France Internationale

Chinese investors express interest in EV projects

More Chinese investors are interested in carrying out electric vehicle (EV) projects in the Eastern Economic Corridor (EEC), with next-generation car development among the targeted S-curve industries in the EEC.

Bangkok Post

Suspicions spark call to halt EEC water bids

The House Committee on Budgeting Study and Budget Administration will on Tuesday call on Prime Minister Prayut Chan-o-cha to scrap the latest bidding for the main water transmission pipeline system for the Eastern Economic Corridor (EEC), citing the transparency of the process.

Bangkok Post

EEC Office banking on Japanese investors

The Eastern Economic Corridor (EEC) Office is keen to draw Japanese investment in electric vehicles, smart electronics, semiconductors, pharmaceuticals and medical devices, digital, smart farms, the bio-, circular and green (BCG) economic model and smart cities over the next decade.

Bangkok Post

Industry leaders warn of challenges ahead for Thai economy

Despite a gradual recovery projected for the tourism sector, Thailand's economy still faces a spate of challenges including the persistent pandemic and the impact of Russia's invasion of Ukraine, which has disrupted global commerce, pushed up oil prices and threatened food supplies.

Bangkok Post

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Bangkok Post

IEAT keen on estate for Korean investors

The Industrial Estate Authority of Thailand (IEAT) is set to hold talks with Thai companies and South Korean enterprises to sound out the possibility of setting up a new high-tech industrial estate to specifically cater to the needs of South Korean investors.

Bangkok Post

New regional zones approved by panel

The Special Economic Zone Policy Committee chaired by the prime minister yesterday approved four new special economic corridors, meant to resemble the flagship Eastern Economic Corridor (EEC), in a move to spur the economy and decentralise income to the regions.

Bangkok Post

Exxon cancels B330bn project

US oil and gas giant Exxon Mobil Corporation has scrapped its 330-billion-baht ethylene cracker and refinery expansion project in Chon Buri, but the decision will not affect the Eastern Economic Corridor (EEC) scheme, says a source at the Industrial Estate Authority of Thailand (IEAT) who requested anonymity.

Bangkok Post

Krungsri promotes EEC to Japanese

Bank of Ayudhya, also known as Krungsri, aims to grow its loans to Japanese corporate and multinational corporate customers (JPC/MNC) by 3.4% this year by focusing on foreign direct investment in the Eastern Economic Corridor (EEC).

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Bangkok Post

Upskilling Thailand’s human resources for the future of work

As the global value chain sends businesses and consumers worldwide scrambling to keep pace with the Fourth Industrial Revolution (4IR) by deploying deep technologies such as big data and analytics, A.I., and the industrial internet of things, Thailand is gearing up its human resources to meet the fast-evolving needs of…

Bangkok Post

State banking on EECi to overcome middle-income trap

The government has high hopes the Eastern Economic Corridor of Innovation (EECi) will play a key role in helping Thailand develop its own technology to escape the middle-income trap.

Bangkok Post

Bio-plastic industry gets tax incentive

The cabinet has approved an extension of a 25% corporate tax exemption for bio-plastic industry companies in order to promote Thailand as an Asean bio-hub.

Bangkok Post

EEC tie-up unveiled in Pattaya

Thammasat University has joined hands with state and private organisations to build a "Medical Valley" in Pattaya under the Eastern Economic Corridor for the medical hub scheme (EECmd).

Bangkok Post

Government preps incentives for 4 new economic corridors

The government looks set to settle investment incentives for four new economic corridors in four regions next month, a move aimed at increasing investment in the areas.

Benzinga

This Day In Market History: Treaty Of Rome Begins Europe's Economic Integration

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On March 25, 1957, six European states signed the Treaty of Rome to establish the European Economic Community (EEC), or the Common Market.

Bangkok Post

Cabinet okays EEC smart city deal

The cabinet approved a smart city development on Tuesday, the fifth flagship infrastructure project in the Eastern Economic Corridor (EEC), with investment worth a combined 1.34 trillion baht over 10 years.

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