Thailand's Logistics Sector Booms with THB6.3 Billion Investment Amid Business Inspections and Key Developments in Hospitality and Environmental Metrics
Foreign investment boosts Thailand's logistics sector with THB6.3 billion influx in July.
Foreign investment in Thailand's logistics sector reached a remarkable THB6.3 billion in July, primarily from nations like China, the Netherlands, South Korea, Japan, and Hong Kong. This influx of capital saw 334 new logistics companies taking root, even as 81 firms closed their doors.
Speaking of expansions, Dusit International, a leading Thai hospitality group, is planning to list its food business on the stock exchange by late 2025 or early 2026. CEO Suphajee Suthumpun highlighted this move as crucial for funding the growth of a key subsidiary and supporting the company's sustainable strategy.
Meanwhile, in another sector, Thailand's Business Development Department completed an extensive inspection of over 26,000 businesses and found only four using illegal Thai nominees. Another 64 were caught violating accounting laws, underscoring the department's dedication to regulatory compliance.
On the global front, the UNDP's Niamh Collier-Smith emphasized the urgent need to measure key indicators for a green transition. She pointed out at an ESG Symposium that shifting from GDP-based progress metrics to environmentally focused ones like the Planetary Pressures-Adjusted Human Development Index is essential for sustainable development.
In local news, a 13-year-old boy named Tan from Maha Sarakham province is recovering after being bitten by a venomous cobra in his bedroom. Fortunately, rescuers managed to capture the snake, and Tan is on the mend after a two-day hospital stay.
Lastly, tourists can rejoice as Thailand's famous Maya Bay is set to reopen after a two-month ecological rehabilitation period. The closures allowed for crucial coral protection and safety enhancements, ensuring the bay's readiness just in time for the high season.
Speaking of expansions, Dusit International, a leading Thai hospitality group, is planning to list its food business on the stock exchange by late 2025 or early 2026. CEO Suphajee Suthumpun highlighted this move as crucial for funding the growth of a key subsidiary and supporting the company's sustainable strategy.
Meanwhile, in another sector, Thailand's Business Development Department completed an extensive inspection of over 26,000 businesses and found only four using illegal Thai nominees. Another 64 were caught violating accounting laws, underscoring the department's dedication to regulatory compliance.
On the global front, the UNDP's Niamh Collier-Smith emphasized the urgent need to measure key indicators for a green transition. She pointed out at an ESG Symposium that shifting from GDP-based progress metrics to environmentally focused ones like the Planetary Pressures-Adjusted Human Development Index is essential for sustainable development.
In local news, a 13-year-old boy named Tan from Maha Sarakham province is recovering after being bitten by a venomous cobra in his bedroom. Fortunately, rescuers managed to capture the snake, and Tan is on the mend after a two-day hospital stay.
Lastly, tourists can rejoice as Thailand's famous Maya Bay is set to reopen after a two-month ecological rehabilitation period. The closures allowed for crucial coral protection and safety enhancements, ensuring the bay's readiness just in time for the high season.
