boris sullivan bw 120
Business

China Introduces New Regulations to Facilitate Efficient Cross-Border Data Transfers.

China’s new data export regulations ease compliance thresholds, provide exemptions for certain scenarios, and allow free trade zones to implement their own rules, benefiting companies engaging in cross-border data transfer. New Regulations for Cross-Border Data Transfer in China The Cybersecurity Administration of China has introduced new regulations to streamline cross-border data transfer for companies operating […]

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juan allan bw
Business

Thailand’s economy falls behind peers due to slow recovery

Thailand’s economy grew only 1.9% last year, much lower than its Southeast Asian neighbors. Factors include slow demand from export markets and a shift towards high-skilled services. Despite challenges, the economy is expected to improve with a 2.6% growth this year due to factors like tourism, exports, and private consumption. Thailand’s Economic Slowdown Thailand’s economy […]

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Thailand Business News
Business

Sony Group commences operations at a newly opened semiconductor fab in Thailand

Sony Group has opened a new semiconductor fab in Thailand to increase production of automotive image sensors, creating 2,000 jobs and focusing on advancing driver-assistance systems technology. Key Takeaways Sony Group has recently launched a new semiconductor fab in Thailand to increase production of automotive image sensors for driver-assistance systems. The facility, located in Pathum […]

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Abhishek Prakash
Business

XTransfer Debuts at “STYLE Bangkok 2024” in Thailand

XTransfer debuts in Thailand at “STYLE Bangkok 2024”, offering innovative payment solutions to promote trade between China and Thailand with a 32.5% increase in money collected from Thai SMEs. XTransfer Launches in Thailand at “STYLE Bangkok 2024” XTransfer, a leading B2B cross-border trade payment platform, has introduced its services in Thailand at the “STYLE Bangkok […]

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Thailand Business News
Business

Thailand to ban the import of corn in efforts to combat PM2.5 pollution

The Thai government is addressing PM2.5 pollution in the Northern region by considering banning corn imports and discussing solutions with neighboring countries. Air pollution poses health risks and environmental challenges, with crop burning being a major concern. Measures to mitigate pollution include promoting sustainable alternatives, educating farmers, and enforcing regulations. Air pollution in Thailand has […]

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East Asia Forum
Business

Thailand’s Generalized System of Preferences (GSP) scheme to be renewed by the US

The US plans to renew the Generalized System of Preferences (GSP) scheme for Thailand to strengthen trade relations and promote economic cooperation, focusing on supply chain development and modern industries. Strengthening Trade Relations with the US The Commerce Minister of Thailand, Mr Phumtham Wechayachai, held a meeting with US Secretary of Commerce Gina Raimondo to […]

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Thailand Business News
Business

The Impact of Infrastructure Diplomacy on China’s Global Influence

China’s infrastructure diplomacy strategy involves heavy investment in projects worldwide, creating dependencies and enhancing influence. Critics warn of debt traps and negative impacts, while supporters cite economic benefits. China’s Infrastructure Diplomacy China has been heavily investing in infrastructure projects globally, especially in developing nations. The Belt and Road Initiative (BRI), started in 2013, aims to […]

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Thailand Business News
Business

The Beat of the US-China Cyber War

FBI Director Christopher Wray warns of Chinese hacking threat to US infrastructure, highlighting vulnerability. Report from FBI, CISA, and NSA documents Volt Typhoon threat. Recent cellular network outage raises cyber fears. FBI Director Warns of Chinese Hacking Threat FBI Director Christopher Wray raised concerns about Chinese state-sponsored hacking activities during a congressional testimony on January […]

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