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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
Shanghai has the highest monthly minimum wage in China at RMB 2,690, while Beijing has the highest hourly minimum wage at RMB 26.4. Minimum wages vary by region and are increasing. Minimum Wage Trends in China As of February 19, 2024, Shanghai has the highest monthly minimum wage among 31 provinces at RMB 2,690 (US$370) […]
Shifting supply chains from China to Southeast Asia due to rising production costs and geopolitical factors. Southeast Asia’s investment in infrastructure and energy makes it attractive for manufacturing. Introduction This article, titled “Shifting Supply Chains from China to Southeast Asia,” discusses the geopolitical and economic factors that have prompted many multinational companies to move segments […]
