On Monday, Thailand inaugurated the Thailand Investment and Expat Services Centre (TIESC) located in the One Bangkok building, situated in the Pathum Wan district of downtown Bangkok.

The centre, which occupies the 6th and 7th floors of the Parade Zone, was officially opened by Prime Minister Paetongtarn Shinawatra.

This initiative is designed to serve as a one-stop shop for foreign investors and expatriates, consolidating various services related to investment, visa applications, and work permits under one roof.

The centre is a collaborative effort involving the Board of Investment, Immigration Bureau, and the Department of Employment.

Prime Minister Shinawatra emphasized the role of modern technology and digital innovation in enhancing Thailand's investment landscape.

The Prime Minister noted that the previous year saw a record high number of investment applications, with 3,100 projects valued at 1.1 trillion baht, marking it as the most significant influx in a decade.

During the launch, Shinawatra highlighted that the TIESC serves not only as a service facility but also as a cultural bridge aiming to foster connections and opportunities between Thailand and the international community.

In the wake of recent earthquakes affecting the nation, she extended condolences to the victims' families and reaffirmed the government's commitment to managing the situation effectively.

Furthermore, Shinawatra sought to reassure the public and potential investors that Thailand remains a safe destination for both investment and tourism.

In a separate narrative related to Thailand's economic landscape, Central Retail's Tops has reported a strategic focus on expanding its Own Brand product line.

With the local Own Brand market currently valued at over 38 billion baht, Tops aims to introduce more than 500 new products in the coming year and expand its export operations to five additional countries.

This initiative is part of a broader strategy following significant growth in the Own Brand segment, which saw an 11.3% increase last year.

Tops has established over 80 brands covering 110 product categories, with a comprehensive range of more than 5,000 items available in both domestic and international markets, including China, Singapore, Vietnam, Cambodia, and Switzerland.

The company is committed to meeting consumer demand for affordable yet high-quality products.

The strategy for Tops' Own Brand includes four key components: ensuring trusted quality, offering a variety of products, establishing a preferred choice among consumers, and promoting sustainability by design.

Tops is dedicated to integrating sustainability across its product offerings, exemplifying this with initiatives in environmentally friendly packaging and supporting local agricultural communities.

Recent developments demonstrate Tops' commitment to inclusive growth, which includes enhancing the quality of life for Thai citizens and collaborating with local suppliers to bring products to international markets.

This focus serves to not only bolster the domestic economy but also highlight Thailand's growing presence in global markets.