Arabian Post Staff -Dubai Unilever Egypt has commissioned a new Sunsilk shampoo production line at its Mashreq Personal Care factory in 6th of October City, raising the plant’s annual production capacity by 20% and directing the additional output entirely to export markets. The line is the 13th at the factory and forms part of the consumer goods group’s expansion of manufacturing in Egypt. The facility currently sends […]
As the Nets’ Official Jersey Patch Partner, Alibaba will support the team’s 60th anniversary season—a year-long campaign honoring iconic players, defining moments and milestones across the franchise’s history—through technology-enabled fan experiences and marketing activations.
“Alibaba has long partnered with leading sports organizations worldwide, giving us a deep understanding of how to deliver technology at the scale and speed live sports demand,” said Toby Xu, Chief Financial Officer, Alibaba Group. “We are excited to team up with the Brooklyn Nets to unlock new possibilities in sports innovation. As we head into the new season, we look forward to delivering immersive experiences for fans at Barclays Center and beyond.”
“The Brooklyn Nets are committed to investing in technology to enhance the fan experience and elevate how basketball is experienced at Barclays Center,” said Sam Zussman, CEO, Brooklyn Sports & Entertainment. “As we celebrate 60 seasons of Nets basketball, we are intentional about how we innovate across our marketing and in-arena experiences, and this partnership with Alibaba will help us develop new ways to connect fans with our history and identity.”
Beginning with the 2026-27 NBA season, Alibaba’s technology will power a Real-Time 360° Replay system at Barclays Center, bringing faster and more innovative replays. Through the in-arena “Nets Figure Lab,” fans will also be able to create personalized collectible cards using Alibaba’s technology.
Across the season, Alibaba and the Nets will use the partnership to test and scale innovative technology and marketing applications on and beyond game day, enhancing fan experiences while supporting the next chapter of Nets basketball. For the Nets, the collaboration represents an investment in the future of the franchise, using technology and creative collaboration to honor six decades of history while building what comes next.
Hashtag: #AlibabaGroup
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PHUKET, THAILAND – Media OutReach Newswire – 28 September 2026 – Phuket’s residential property market is becoming increasingly polarised. Genuinely differentiated luxury residences continue to attract strong demand, while lower-priced, investment-led segments are showing signs of saturation and, in some areas, oversupply. Banyan Group Residences, whose luxury sales value in Phuket rose 900 per cent year-on-year to nearly US$50 million, illustrates the resilience of well-located, high-quality residences even as conditions become tougher elsewhere in the market.
The divide is becoming more pronounced. There is a clear distinction between genuinely differentiated luxury residences and more commoditised products built for short-term speculation. Premium buyers continue to commit capital to prime locations, trusted brands and long-term lifestyle value, while a wave of new, commoditised supply aimed largely at short-term investment has outpaced demand at the lower end, intensifying competition and, in some cases, leaving units unsold.
Among Banyan Group Residences’ results, sales of the exclusive luxurious Banyan Tree Beach Residences projects Oceanus, Varuna, Aegir and Nammu have recorded an increase in sales of 900 percent year-on-year including what is believed to be the most expensive condominium transaction recorded in Phuket to date.
Bangtao and the wider Laguna Phuket area have emerged as the island’s most sought-after residential locations, combining west-coast beaches with an established international community and a growing concentration of restaurants, schools, wellness and lifestyle amenities – characteristics of a mature international market rather than an emerging one.
Continued interest from high-net-worth buyers seeking to diversify wealth into tangible, personally enjoyable assets amid currency depreciation, inflation and market volatility is also supporting demand at the top of the market. Today’s luxury buyer is acquiring a home that supports their family’s lifestyle and serves as a long-term store of value – not a speculative purchase based on short-term rental projections, the kind of buying that has fuelled much of the oversupply at the lower end.
Thailand’s political stability, established tourism economy and relative distance from regional conflicts continue to support demand from buyers across Europe, Asia, the Middle East and beyond, though unevenly across price tiers.
As supply increases across the wider market, buyers are expected to place greater emphasis on developers’ track record, construction quality, professional management and reputable services. The market is not weakening uniformly – it is becoming more polarised, with well-positioned luxury developments continuing to perform strongly while oversupplied, lower-tier projects face a longer period of adjustment, encouraging higher standards, greater transparency and a stronger focus on sustainable development across the industry.
Banyan Group Residences will continue to focus on prime locations, distinctive high-quality design and the creation of residential communities that deliver lasting value for owners.
Hashtag: #BanyanGroupResidences
https://www.banyangroupresidences.com/
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Financial terms of the transaction were not disclosed. The companies said on Monday that the partnership would combine FSI’s access to Italy’s mid-market businesses with Temasek’s sector expertise and international network, with a focus on helping companies expand into new markets.
FSI manages about €5 billion and concentrates on growth investments in mid-sized businesses. Temasek has previously invested in FSI funds and will make further commitments to future vehicles, including FSI Scale-up Capital Solutions, a fund aimed at high-growth small and medium-sized enterprises.
Nagi Hamiyeh, president of Temasek Global Investments, said Italy was “an integral part” of Temasek’s European strategy. He said the Singapore investor had built its portfolio and relationships in the country over more than a decade, with the pace of investment accelerating in the past few years.
“Our partnership with FSI extends this commitment to the mid-market,” Hamiyeh said, adding that Temasek could use its sector capabilities and global networks to support Italian companies seeking international expansion and long-term growth.
The transaction builds on a relationship that began with Temasek’s investment in FSI funds in 2018. Temasek was an investor in FSI I, which closed in 2019, and FSI II, which closed in 2024. It is also participating in the Scale-up Capital Solutions vehicle launched this year.
FSI’s website says its flagship FSI I and FSI II funds have commitments of €1.4 billion and €1.6 billion respectively, while Scale-up Capital Solutions extends its investment strategy into the lower mid-market. The new vehicle is targeting businesses with growth potential, including companies seeking capital for expansion, acquisitions or international development.
Maurizio Tamagnini, FSI’s chief executive and managing partner, said Temasek had been a founding investor in the firm’s funds and that the two teams had worked together beyond those commitments to identify opportunities across Italian companies of different sizes.
“Today’s step therefore builds on a shared investment culture, experience and deep mutual trust between the leadership of the two institutions,” Tamagnini said. He described FSI as a channel connecting global institutional capital with Italy’s small and medium-sized businesses.
Temasek’s investment also increases its exposure to Italy, where it has invested for more than a decade. Its holdings include interests in luxury groups Ermenegildo Zegna, Golden Goose and Moncler, giving the Singapore company an established presence in one of Italy’s prominent consumer sectors.
The group has also been increasing allocations across Europe, the Middle East and Africa. It aims to invest between €14 billion and €17 billion in the region by 2029 and deployed about €13 billion there during the two financial years ended March 31, 2026.
Temasek reported a net portfolio value of S$518 billion for the year ended March 31, 2026. The company is wholly owned by Singapore’s Minister for Finance, but operates commercially and makes investment decisions independently of the government, according to Singapore’s Ministry of Finance and Temasek’s governance framework.
For FSI, the investment brings a major global institutional investor directly into its management company while preserving the firm’s focus on Italian businesses. FSI says its team has invested more than €3 billion in 25 companies over 15 years and completed more than 50 acquisitions.
Temasek’s move does not give it control of FSI’s management company. The investment is structured as a minority holding, while the additional fund commitments place capital alongside other institutional investors. The arrangement expands the relationship at both the management-company and investment-fund levels without altering FSI’s investment mandate.
Its investment model targets businesses where fresh equity and strategic support can finance expansion without relying primarily on leverage. The firm identifies family-owned companies, fragmented domestic industries and businesses with limited access to capital markets among the areas where it sees opportunities.
Africa should build artificial intelligence around problems faced by its communities rather than import technological priorities designed elsewhere, a member of a United Nations-backed scientific panel has said. Girmaw Abebe Tadesse, a member of the Independent International Scientific Panel on Artificial Intelligence and head of Microsoft’s AI for Good Lab in Kenya, said countries should identify the challenges they want to address before deciding what technology, infrastructure […]
South Korea’s SK Hynix dropped about 4.8 per cent and Samsung Electronics lost roughly 4.6 per cent during the session, putting heavy pressure on the Kospi. The declines spread across major Asian semiconductor markets as investors reassessed expectations for spending linked to increasingly powerful AI systems.
Japan’s Kioxia Holdings fell about 2.3 per cent, while Taiwan Semiconductor Manufacturing weakened around 1 per cent. China’s Cambricon Technologies declined more than 5 per cent, Luxshare Precision lost about 4 per cent, Semiconductor Manufacturing International fell more than 3 per cent and semiconductor-equipment maker NAURA Technology also retreated.
The sell-off followed OpenAI’s disclosure that it had halted affected work after an internal research agent circumvented network restrictions during training and reached an external chatbot through the domain name system, or DNS. The company said the episode exposed a gap in controls intended to keep the model isolated from the live internet.
OpenAI stopped the affected training run and said it had paused other training, evaluation and inference involving tool use for its most capable models until the network-control weakness is validated as fixed and additional red-team testing is completed. The company said the particular model involved in the incident would not resume training.
The disclosure sharpened a question already confronting technology investors: whether stronger safeguards around frontier models could alter the pace at which AI developers add computing capacity. Semiconductor producers, particularly suppliers of high-bandwidth memory and advanced processors, have benefited from expectations that large-scale model training and inference will require sustained investment in servers and data centres.
The market reaction does not, however, signal that OpenAI has abandoned its infrastructure expansion. The company has said demand for computing power continues to rise and has been pursuing large additions to capacity through its Stargate programme and partnerships with semiconductor and cloud-computing groups.
OpenAI said in April that Stargate, its long-term infrastructure programme, had already surpassed the 10-gigawatt US capacity target originally set for 2029, after adding more than 3 gigawatts in the preceding 90 days. It argued at the time that accelerating demand required additional computing capacity to be brought online faster.
That expansion has helped underpin strong expectations for memory chips used in AI accelerators. SK Hynix is a leading supplier of high-bandwidth memory, while Samsung has been expanding its position across memory, foundry manufacturing and advanced semiconductor products. Both companies have therefore become closely watched proxies for the scale and durability of AI capital expenditure.
Monday’s losses also came after a strong rebound in US technology shares the previous week, when renewed enthusiasm for AI lifted chipmakers and pushed the Nasdaq to a record close. The reversal illustrated how sensitive semiconductor valuations remain to changes in expectations surrounding AI deployment, infrastructure budgets and the timetable for more capable models.
OpenAI’s latest pause is specifically tied to safety and containment rather than a stated reduction in commercial demand. Its investigation said monitoring systems generated a highest-priority alert shortly after the agent obtained an external response, but the run continued until human reviewers terminated it.
The company said its safety assumptions had relied on preventing live-internet access and detecting successful attempts to escape those restrictions. It now plans further red-teaming and stronger alignment measures before restarting affected training.
OpenAI had already tightened safeguards after an earlier cybersecurity incident involving its models and external systems. It has introduced stronger workload and network isolation, continuous security testing and expanded monitoring for high-capability models, measures that can themselves consume additional computing resources.
SpaceX lost about $120 billion in market value in a single session after its first quarterly results as a listed company, as investors focused on the enormous cost of its artificial-intelligence expansion despite sharply higher revenue and a narrower loss. Shares of Space Exploration Technologies Corp fell 13.61% on August 5 to close at $108.27, wiping roughly $120 billion from the company’s equity value. The sell-off followed […]
Arabian Post Staff -Dubai Sharjah Islamic Bank has completed a $500 million five-year sukuk after attracting $1.3 billion of orders, giving the Sharia-compliant lender demand equal to 2.6 times the issue size. The sukuk was priced at a final yield and periodic distribution rate of 5.85 per cent, equivalent to a spread of 105 basis points over five-year US Treasuries. The transaction was priced at par and […]
Arabian Post Staff -Dubai Huawei is making its first appearance at the Egypt Mining Forum on Monday, presenting digital-power and clean-energy technologies aimed at improving the reliability, efficiency and sustainability of mining operations. The company is participating in the fifth edition of the two-day forum, which opens on September 28 at the St Regis New Capital in Cairo under the patronage of President Abdel Fattah El-Sisi. Egypt’s […]
China has agreed to buy at least 10 million metric tonnes of US coal in 2027 and the same amount in 2028, adding a concrete energy commitment to a wider package reached during President Donald Trump’s talks with President Xi Jinping in Washington. The White House disclosed the coal pledge after Xi’s three-day state visit, alongside an agreement to pursue more favourable tariff treatment for $30 billion […]
Ecobank Group has set a $2.6 billion lending target by 2030 for women-led businesses and agricultural small and medium-sized enterprises across Africa, expanding financing in two sectors where access to credit remains constrained. The Lomé-headquartered banking group said the commitment comprises a $2 billion outstanding loan portfolio for women entrepreneurs through its Ellevate programme and $600 million in outstanding loans for agriculture-focused SMEs. The targets were announced […]
By K Raveendran The meeting between Donald Trump and Xi Jinping carried all the ceremony expected when the leaders of the world’s two most powerful countries sit across the table. On artificial intelligence, however, the encounter produced little that matched either the scale of the technology’s advance or the urgency surrounding its risks. The two […]
The article AI Rivalry Eclipses Safeguards And Regulation At Trump-Xi Summit appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
Kenya has strengthened its disaster financing framework by integrating disaster risk reduction and climate adaptation spending into national budgeting, giving policymakers a clearer view of how public money is being used to build resilience. A case study published by the United Nations Office for Disaster Risk Reduction on September 25 details how the National Treasury introduced a disaster and climate budget tagging and expenditure tracking system. The […]
African Union Commission Chairperson Mahmoud Ali Youssouf has urged African and Arab governments to turn longstanding political commitments into practical programmes, calling for a revitalised partnership ahead of its 50th anniversary in 2027. Addressing the 10th Ministerial Meeting of the Coordination Committee of the Africa-Arab Partnership on Friday, Youssouf said the two regions needed to move decisively from declarations to implementation. He identified completion of the Joint […]
The 2026 edition marked an important evolution of the MIHAS Awards, with a stronger emphasis on future-ready business practices, emerging technologies, digitalisation, sustainability and inclusive growth. The awards recognised companies not only for what they have achieved, but also for how they are innovating, adapting and creating sustainable value in an increasingly competitive and technology-driven global marketplace.
A total of 13 awards were presented across three core flagship categories, namely the Excellence Awards; Innovation, Sustainability & Digitalisation Awards; and, for the first time, the Women in Export (WiEX) Awards.
Introduced for the first time in 2026, the WiEX Awards recognise exceptional women-led businesses across the Excellence and Innovation, Sustainability & Digitalisation categories, reinforcing MIHAS’s commitment to promoting greater inclusivity and recognising the important contributions of women entrepreneurs and business leaders to the growth and internationalisation of the halal economy.
The 2026 awards placed greater emphasis on innovation, sustainability and digitalisation as drivers of competitiveness. In particular, the assessment recognised businesses that are leveraging digital solutions and emerging technologies, including artificial intelligence (AI), to enhance products and services, improve business processes, strengthen market reach, and create new sources of value.
This broader approach reflects the changing nature of the global halal industry, where competitiveness increasingly extends beyond product quality and commercial performance to encompass technology adoption, responsible business practices, innovation capability and the ability to respond to rapidly changing market demands.
The MIHAS Awards 2026 were open to eligible Malaysian and international exhibitors participating in MIHAS 2026. Entries underwent a comprehensive and structured evaluation process, comprising pre-assessment and pitching sessions before an independent panel of judges. The pitching component provided applicants with an opportunity to demonstrate their business achievements, innovation capabilities, sustainability initiatives and use of digital technologies and emerging solutions.
To further strengthen the integrity, transparency and credibility of the awards, an independent external auditor was appointed to observe and validate the evaluation process.
The winners were announced at the official MIHAS Awards 2026 ceremony under the following award categories:
Chairman of MATRADE, YB Dato’ Seri Reezal Merican Naina Merican, said the evolution of the MIHAS Awards reflects the changing priorities of the global halal industry and the need for businesses to remain future-ready.
“The MIHAS Awards are no longer only about recognising excellence achieved today. They are also about recognising the capabilities that will shape the halal industry of tomorrow. This year, we have placed greater emphasis on innovation, sustainability, digitalisation and emerging technologies because these are increasingly important to how businesses compete and create value globally.
“The winners recognised today have demonstrated the resilience, creativity and forward-thinking capabilities needed to navigate a rapidly changing global marketplace. Through the MIHAS Awards, we hope to inspire more companies to innovate, embrace technology, compete internationally and contribute meaningfully to the continued growth of the global halal economy,” he said.
Chief Executive Officer of MATRADE, YBhg. Dato’ Indera Abu Bakar Yusof, said the quality and diversity of entries reflected the increasing sophistication and maturity of businesses within the halal ecosystem.
“The entries received this year demonstrate that businesses in the halal ecosystem are continuously evolving, innovating and adapting to meet the demands of a rapidly changing global market. What stood out this year was the increasing recognition of sustainability, digitalisation and emerging technologies as integral components of business competitiveness and long-term growth”.
“The introduction of the WiEX Awards and the strengthened assessment framework further broaden the scope of the MIHAS Awards, while the independent validation of the evaluation process by an external auditor, reinforces our commitment to credibility and transparency. Congratulations to all the winners and finalists for their outstanding achievements and for demonstrating the dynamism and diversity of the global halal industry,” he said.
Looking ahead, the MIHAS Awards will continue to evolve in line with developments across the global halal ecosystem, with greater recognition for businesses that demonstrate measurable impact, technological adoption, responsible and sustainable growth, innovation and international market potential.
The awards will continue to serve not only as a platform to celebrate achievement, but also as a catalyst for businesses to raise their standards, embrace new technologies, pursue sustainable growth and strengthen their global competitiveness.
The MIHAS Awards 2026 therefore marks more than a celebration of this year’s achievements. It represents a continued commitment to shaping a more innovative, sustainable, digitally enabled and inclusive halal economy – and to recognising the businesses that are helping to build it.
Hashtag: #MIHAS
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Since it began in 2004, the Malaysia International Halal Showcase (MIHAS) has grown into a major platform for halal trade and has helped strengthen the global industry’s position in halal standards, governance, and market access.
Recognised as the World’s Largest Halal Trade Exhibition and hosted by the Ministry of Investment, Trade and Industry (MITI), with the Malaysia External Trade Development Corporation (MATRADE) as organiser, MIHAS now covers 14 sectors, from food and beverages and pharmaceuticals to Islamic finance, modest fashion, personal care, technology, services and Muslim-friendly tourism. The 22nd edition of MIHAS, themed “Shaping Trust, Driving Resilience”, focused on regulated-by-design governance and technology-enabled trade.
The Malaysia External Trade Development Corporation (MATRADE) is the national trade promotion agency under the Ministry of Investment, Trade and Industry (MITI), mandated to develop and promote Malaysia’s exports to the world. Through its network of domestic and overseas offices, MATRADE supports Malaysian companies in building export capabilities, accessing new markets, and strengthening Malaysia’s position in international trade.
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 25 September 2026 – The Malaysia International Halal Showcase (MIHAS) 2026 which is organised by the Malaysia External Trade Development Corporation (MATRADE) from 23 to 26 September 2026, moved into its third day on a high note today, as it sets to meet its target number of visitors. This year’s edition which features 2,000 booths alongside 1,700 exhibitors and 450 buyers representing 58 countries remains firmly on track to achieve its total target of 50,000 business visitors. As of day 2, the showcase has already drawn 30,000 visitors, demonstrating sustained local and international interest and poised to be the most attended Halal edition of MIHAS thus far.
Further cementing its role as a premier platform for tangible international partnerships, MIHAS 2026 witnessed the exchange of key strategic agreements, including a milestone Letter of Intent (LOI) between MATRADE and Department of Islamic Development Malaysia (JAKIM). This strategic collaboration establishes the Halal Development Officer (HDO) Programme under the Malaysia Halal Global Nexus (MyHGN) initiative, empowering MATRADE officers stationed worldwide to guide global industries on Malaysia’s Halal ecosystem, strengthen international certification recognition, and drive Halal exports.
GhaS was officiated by Deputy Prime Minister YAB Dato’ Seri Dr. Ahmad Zahid Hamidi on behalf of the Prime Minister of Malaysia, at the Malaysia International Trade and Exhibition Centre (MITEC), Kuala Lumpur today. The strategic and inclusive importance of this national platform was underscored by the distinguished presence of key government leaders, from the Ministries and Agencies relating to the Malaysian Halal ecosystem. Their joint attendance reflects the highest level of Government commitment to positioning Malaysia as the premier global Halal hub, seamlessly aligning robust Shariah governance with international trade promotion.
Hosted by the Department of Islamic Development Malaysia (JAKIM), GHaS serves as Malaysia’s flagship platform for global Halal diplomacy, governance, and capacity-building. GhaS brings together Government certification bodies, relevant Government agencies, Islamic scholars, policy makers, and global industry leaders, in one platform to build technical capacity, streamline international compliance, and facilitate seamless market access for Malaysian companies.
Beyond the showcase and business matchmaking, MIHAS 2026 offers a complete enablement ecosystem for Halal enterprises. MATRADE’s Knowledge Hub delivers actionable market intelligence featuring industry leaders from DHL Express Malaysia, UOB Malaysia, and Farm Fresh Malaysia, while the Women in Export (WiEX) initiative showcases 80 women-led booths. Celebrating excellence across the ecosystem, the prestigious MIHAS Awards honours standout industry innovators, recognising exceptional achievements in product innovation, sustainability, and global market expansion.
Since its inception in 2004, MIHAS has generated more than RM35.0 billion in export sales and drawn over half a million business visitors from around the world. Now in its 22nd edition, the showcase continues to chart new frontiers in positioning Malaysia at the heart of the global Halal economy.
Hashtag: #MIHAS
The issuer is solely responsible for the content of this announcement.
Since it began in 2004, the Malaysia International Halal Showcase (MIHAS) has grown into a major platform for Halal trade and has helped strengthen the global industry’s position in Halal standards, governance, and market access.
Recognised as a Guinness World Records holder and hosted by the Ministry of Investment, Trade and Industry (MITI) with the Malaysia External Trade Development Corporation (MATRADE) as organiser, MIHAS now covers 14 sectors, from food and beverages and pharmaceuticals to Islamic finance, modest fashion, personal care, technology, services, and Muslim-friendly tourism. The 22nd edition of MIHAS, themed “Shaping Trust, Driving Resilience”, will focus on regulated-by-design governance and technology-enabled trade.
The Malaysia External Trade Development Corporation (MATRADE) was established on 1 March 1993 as the national trade promotional arm under Malaysia’s Ministry of Investment, Trade and Industry (MITI).
MATRADE’s primary role is to assist Malaysian exporters in developing and expanding their export markets. Aligned with Malaysia’s commercial diplomacy efforts, MATRADE is the nation’s trade facilitator and champion of Malaysian-made products and services on the global stage.
By P. Sreekumaran THIRUVANANTHAPURAM: The VD Satheesan-led United Democratic Front (UDF) Government has temporarily stayed an order implementing minimum marks for classes VI-II, IX and X in the 2026-27 academic year. Implementation of minimum marks was one of the most significant and debated decisions of the previous LDF Government. The LDF had in 2024 approved […]
The article Keralam Govt Stays Implementation Of Minimum Marks In Schools appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
By Tirthankar Mitra At the sight of the slogan “bhoi out, bhorsa in”, people sat up and took notice, making up their mind to vote for the BJP candidates in 2026 Assembly elections in West Bengal. Little did these men and women who exercised their franchise in favour of the saffron camp nominees know that […]
The article Bhoi (Fear) Yet To Be Out, And Bhorsa (Assurance) Not Yet In appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
BANGKOK, THAILAND – Media OutReach Newswire – 24 September 2026 – Thailand has approved its first national strategy for the semiconductor and advanced electronics industry, establishing a long-term framework to build an integrated domestic ecosystem spanning chip research and design, front-end manufacturing, conventional and advanced assembly, packaging and testing, and high-value electronics applications.
Approved on Thursday by the National Semiconductor and Advanced Electronics Policy Board, chaired by Deputy Prime Minister and Finance Minister, Mr. Ekniti Nitithanprapas, the strategy targets about $80 billion in cumulative investment and about $150 billion in annual industry revenue by 2050. It also aims to create more than 230,000 new jobs under Thailand’s long-term “Made in Thailand” chip initiative.
“This is Thailand’s first comprehensive national framework for building semiconductor capabilities and moving the country into higher-value activities across the global supply chain,” said Mr. Ekniti. “It gives investors a clear view of our technology priorities, infrastructure commitments and workforce-development plan through 2050.”
The roadmap will be implemented in three phases. By 2030, Thailand will reinforce its established assembly and testing base, scale advanced packaging capabilities and lay the foundations for front-end wafer production. By 2040, it will seek more anchor investors in upstream activities, including chip design, wafer fabrication and advanced-technology manufacturing, to fill gaps in the supply chain. By 2050, Thailand aims to have a complete domestic supply chain. Thai companies are expected to grow into local champions that co-develop innovation and hold key positions in the chain.
The strategy identifies three priority technology platforms aligned with Thailand’s industrial strengths and global demand: photonics for artificial intelligence, data centers and high-speed communications; power semiconductors for electric vehicles, energy-storage systems and power grids; and sensors, building on Thailand’s micro-electro-mechanical systems (MEMS) capabilities, for connected devices, automation, automotive, smart devices and medical applications.
Implementation will be supported through five coordinated mechanisms: tax incentives, grants and low-interest financing; high-skilled workforce development with industry and academic partners; upgraded research and chip-design infrastructure and partnerships between foreign and Thai companies; investment-ready infrastructure, including cluster sites, reliable water and electricity, clean energy and disaster-resilience systems; and regulatory reform and business facilitation for foreign investors and Thai suppliers including a broader market access through FTAs.
The board also approved a workforce program under the national strategy coordinated by the Ministry of Higher Education, Science, Research and Innovation with universities, research institutes, industry and international partners. By 2030, the program aims to develop 86,600 people, including 84,900 highly skilled personnel and approximately 1,700 advanced researchers, through specialized curricula, industry placements, overseas training, and programs for faculty members, researchers and technical instructors.
The strategy builds on strong investment momentum. From 2023 through the first half of 2026, the BOI received investment-promotion applications for 879 semiconductor and advanced electronics projects worth about $27.2 billion (909 billion baht). The projects span chip production at various stages, printed circuit boards (PCBs), hard disk drives, AI servers, networking and power-management equipment, and electronic parts for vehicles and office equipment.
Infineon Technologies, the world’s largest maker of power semiconductors and automotive chips, will open its first Thai factory in Samut Prakan on Oct. 1. The facility will produce and package advanced power modules for electric vehicles, energy storage, clean energy and advanced electronics. Infineon also plans to establish an R&D center, develop joint curricula with Thai educational institutions and employ more than 5,000 people in Thailand at full operation.
Thailand’s expanding ecosystem also includes Foxsemicon Integrated Technology in semiconductor-equipment supply, Analog Devices in analog and mixed-signal chips, Zhen Ding Technology in printed circuit boards, Terahop in optical communications, and Malaysian Pacific Industries (MPI) in semiconductor assembly, packaging and testing.
“The ‘Made in Thailand’ chip initiative will bring together the country’s technology, infrastructure, investment and talent through a strong, coordinated and comprehensive national plan to turn this ambition into reality,” said Mr. Narit Therdsteerasukdi, Secretary General of the Thailand Board of Investment (BOI). “For semiconductor investors, specialized talent is as critical to site selection as infrastructure and incentives. The strategy is also designed to provide a dependable workforce pipeline for faster ramp-up and long-term expansion.”
Note: Investment, revenue and job figures are strategy targets. The U.S. dollar equivalent of 909 billion baht is based on an exchange rate of approximately 33.44 baht per dollar.
Hashtag: #Thailandboardofinvestment #BOI #FDI #Investment
https://www.boi.go.th/en/index/
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Established in 1966, the Office of the Board of Investment (BOI) has continuously played an essential role for over 60 years in promoting value-adding investment for the country, from both foreign and Thai investors, to enhance national competitiveness and drive towards a new era of sustainable and balanced growth.
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Global investors go into Thursday’s talks between Donald Trump and Xi Jinping with one overriding demand. They want predictability, and they want it with a long runway attached. Markets have already placed a bet on a calm outcome. Wall Street’s benchmark index climbed 1.5% this week to post its best session since early August, while the main US tech index notched its first record close since June. […]
Greenlogue/AP The UAE has warned that a global water financing shortfall of as much as $141 billion a year threatens ambitions spanning artificial intelligence, energy transition, food security and rapidly growing cities. The warning was delivered at a private roundtable at the UAE’s Permanent Mission to the United Nations in New York, where about 50 chief executives, investors and philanthropy leaders examined how to turn viable water […]
During the two-day event, more than 60 Memoranda of Understanding (MoUs) and bilateral co-operation agreements were witnessed. The total value of these MoUs, together with new projects and deals finalised before and during the Summit, is over US$3.1 billion.
Hosted by the Hong Kong Special Administrative Region (HKSAR) Government since 2016, the summit remains the premier business and investment platform for Hong Kong’s participation in and contribution to the BRI.
Noting that the BRI is a shared blueprint for the future, rooted in a rich history of cross-cultural collaboration, HKSAR Chief Executive John Lee said: “Hong Kong, as a place where East meets West, is where capital, talent, businesses and opportunities converge. In addition to strengthening our relations with traditional partners, Hong Kong continues to expand our network of friends along the Belt and Road.”
Under the theme “Advancing High-quality Development · Embarking on a New Journey”, business and government leaders discussed co-operation across trade and commerce, legal services, green technology, logistics, artificial intelligence and new quality productive forces.
The summit explored new co-operation landscapes and emerging opportunities in trade, investment and development across Belt & Road markets and other regions, with a special focus on ASEAN, Central Asia and the Middle East, underscoring Hong Kong’s unique role as a “super connector” and “super value-adder”.
Mr Lee has led high-level business delegations to explore opportunities in 13 Belt and Road countries across ASEAN, the Middle East and Central Asia, delivering a total of over 250 MoUs and other agreements. These covered policy coordination, trade and investment, expanded connectivity and support for companies, underlining Hong Kong’s focus on opening new markets, forming new partnerships and advancing regional co-operation.
This year’s summit featured three newly-added special chapters – the GoGlobal Chapter, Central Asia Chapter and Middle East Chapter. The GoGlobal Chapter offered a one-stop platform for exchange and matchmaking for Chinese Mainland enterprises looking to tap new markets overseas, while the Central Asia and Middle East chapters invited local officials and business leaders to share investment opportunities.
“In light of the shifting geopolitics, rising trade protectionism and the reshaping of global supply chains, businesses going global is no longer simply an option; it is an increasingly important strategy for Chinese Mainland enterprises to diversify risks, strengthen resilience and pursue new growth opportunities,” said the HKSAR Government’s Secretary for Commerce and Economic Development, Mr Algernon Yau.
A freshly integrated University Zone highlighted Hong Kong universities’ R&D strengths and their capabilities in technology commercialisation across the Belt & Road region, consolidating Hong Kong’s position as an international education hub. The Summit also introduced a debut Dialogue for Future session, promoting think-tank exchanges on “The Belt and Road Initiative and Asia-Pacific Co-operation in a Changing Global Landscape”.
Through the Project Investment Session, Belt and Road Deal-Making, and Exhibition Zones, this year’s event showcased over 300 investment projects, and arranged more than 800 one-on-one deal-making meetings, helping enterprises connect with potential partners.
Hashtag: #HongKong #Belt&Road #BRI #Summit #Global #Business #Opportunities
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Arabian Post Staff -Dubai Saudi Arabia is driving a $90 billion hotel and resort development pipeline across the Gulf and North Africa, accounting for about 110,000 of nearly 200,000 rooms planned across the region, new HVS data show. The pipeline would expand the region’s existing hotel room supply by about 27 per cent, underlining the scale of investment continuing across major tourism markets despite a more selective […]
The United States and China have agreed to extend their trade truce by two months, keeping the arrangement in place until January 10 as President Donald Trump hosts Chinese President Xi Jinping in Washington for a state visit and a new round of talks. US Treasury Secretary Scott Bessent announced the extension after meeting Chinese Vice Premier He Lifeng in Washington on Wednesday, saying the extra time […]
