'Ignite Thailand' vision unveiled to boost investment

Thailand recorded its highest level of investment promotion applications in a decade, with total requests reaching 1.13 trillion THB (33.6 billion USD) in 2024.

Thai Prime Minister Paetongtarn Shinawatra (Source: thailand.prd.go.th)

Prime Minister Paetongtarn Shinawatra has outlined Thailand’s economic vision under the theme "Ignite Thailand: Invest in Endless Opportunity", reaffirming the country’s commitment to attracting investment despite global economic uncertainty.

The premier highlighted plans to strengthen investor confidence by ensuring policy continuity, supporting long-term economic growth, and creating an environment conducive to new investments.

The Thai Government has identified key sectors for development, including infrastructure, advanced technology, and human capital. Major projects such as high-speed rail, dual-track railway expansion, and the Land Bridge Project are expected to enhance Thailand’s logistics network. Investments in digital industries, electric vehicle production, and semiconductor manufacturing will position the country as a hub for emerging technologies, while workforce development efforts will equip Thai workers with skills for future industries.

Thailand recorded its highest level of investment promotion applications in a decade, with total requests reaching 1.13 trillion THB (33.6 billion USD) in 2024. The PM attributed this to long-term economic planning and proactive investment strategies, which have reinforced the country’s role as a preferred manufacturing and business destination.

Paetongtarn called for greater collaboration between the Government, private sector, and citizens to create a thriving economic environment. She revealed that the Government is now working to strengthen Thailand’s position as a strategic link between global investors and major economies, ensuring sustained growth and competitiveness.

World

Indonesia rolls out people's schools initiative
World

Indonesia rolls out people's schools initiative

Indonesia's Ministry of Social Affairs has identified over 200 potential sites for the establishment of people’s schools (Sekolah Rakyat), a programme designed to provide free, quality education to children from economically disadvantaged families.

Malaysia warns of trade wars, tariffs
World

Malaysia warns of trade wars, tariffs

Malaysian Prime Minister Anwar Ibrahim reaffirmed Malaysia’s commitment to sustainable, inclusive, and equitable growth, as well as its ambition to strengthen its position as a key hub for trade, investment, and technological innovation.

Thailand rolls out anti-scam sandbox
World

Thailand rolls out anti-scam sandbox

One highlight of the DE fence platform is that it is connected to the databases of telecom operators to obtain the most up-to-date number information. It is also connected to the databases of the Royal Thai Police, the Anti-Money Laundering Office, the AOC 1441 Center, and the DES Ministry.

Cambodia sets up genocide crime-related historical sites
World

Cambodia sets up genocide crime-related historical sites

In the decree issued on February 25, Cambodian King Norodom Sihamoni ordered the establishment of three sites where genocide crimes occurred in the country, namely the former M-13 prison in Kampong Chhnang and Kampong Speu provinces, and the Tuol Sleng Genocide Museum, and the Choeung Ek Genocide Centre in Phnom Penh.

Indonesia plans over 20 energy projects in 2025
World

Indonesia plans over 20 energy projects in 2025

Indonesia remains heavily dependent on coal and is one of the world’s top greenhouse gas emitters. However, President Prabowo Subianto has pledged to phase out coal-fired power generation within 15 years and achieve net-zero emissions by 2050.