Digital platform providers in Thailand must comply with Thailand’s Royal Decree, effective August 2023, or face penalties.

Thailand’s aging society leads to opportunities for healthcare products.

Thailand’s climate change ambitions create export opportunities in carbon capture, smart grid, and energy storage.

Thailand’s beauty products market rebounds thanks to increased consumer confidence and tourism. 

Thailand’s military proceeds with the 5-year Ministry of Defense Reorganization Plan 2023-2028

Thailand’s pet products market continues to grow after COVID.

The State Railway of Thailand aims to procure 946 freight cars and bogies after receiving approval from the new Thai cabinet. 

$46.1 million approved for water management projects through 2023.

Thailand’s tourist airport, Nan Nakhon, will undergo Environmental Impact Assessment (EIA) for airport expansion, an opportunity for U.S. airport technologies.

Thailand promotes electric vehicles (EV) by reducing import tariff on EV cars ranging from zero to 40 percent, depending on the engine size, until 2023. 

Thailand’s Industrial Standards Institute is expediting standards for electric vehicles (EV) to increase EV production and the use of zero-emission vehicles. 

Thailand’s Personal Data Protection Act (PDPA), fully enforceable this year, offers opportunities for U.S. companies in data technologies and services.

Thailand’s closer alignment with ASEAN Medical Device Directive brings about standardized medical device regulations focusing on patient safety. 

Thailand’s 20-year Smart Grid Master Plan opens opportunities for U.S. companies to provide cost-effective technologies for a greener energy future.

U-Tapao Airport expansion creates opportunities for aircraft repair, and developments of airport city and commercial areas.