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Three-phase roadmap prioritizes photonics, power semiconductors, and sensors to advance the “Made in Thailand” chip initiative, targeting over 230,000 new jobs.

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.

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Thailand Board of Investment (BOI)

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.

Investment Services Center- PR Section, The Office of the Board of Investment (BOI)

555 Vibhavadi-Rangsit Road, Chatuchak Bangkok 10900 Tel. +66 (0) 2553 8111, Fax: +66 (0) 2553 8222

The government is considering an offering of about HK$15 billion to HK$20 billion across US dollar, Hong Kong dollar, euro and offshore renminbi tranches, according to people familiar with the planned transaction. Pricing could take place as early as Monday, after fixed-income investor meetings arranged this week.

The proposed deal would exceed the scale of Hong Kong’s previous digital green bond issues and underline its push to expand tokenised capital markets alongside conventional debt issuance. Digital bonds use distributed-ledger technology to record ownership and support parts of the issuance, settlement and post-trade process.

Hong Kong has steadily increased the size and complexity of its sovereign digital bond programme. Its third digital green bond offering, completed in November 2025, raised about HK$10 billion equivalent across four currencies and attracted subscriptions exceeding HK$130 billion, according to government figures.

That transaction was then the world’s largest digital bond sale. It also incorporated tokenised central bank money, including e-HKD and e-CNY, into the primary settlement process, while using the Hong Kong Monetary Authority’s Central Moneymarkets Unit and a digital assets platform to connect tokenised infrastructure with established settlement channels.

The planned new sale would come after the Hong Kong Mortgage Corporation completed a HK$12 billion public digital bond issuance in June, setting another global size record for a digital bond at the time. The transaction included Hong Kong dollar and offshore renminbi tranches and used the same digital assets platform, demonstrating broader public-sector adoption of tokenised issuance.

Hong Kong authorities have made digital finance a central part of their capital-market strategy. Financial Services and the Treasury Secretary Christopher Hui said last week that digital bonds issued in Hong Kong accounted for about half of the global market between 2025 and the first half of 2026.

The government has also said it intends to make digital bond issuance a regular feature rather than an occasional pilot. Its 2026 policy agenda calls for further use of digital currencies in bond settlement and for tokenised money to be tested across additional stages of the bond lifecycle, including coupon payments and redemption.

Hong Kong Monetary Authority Chief Executive Eddie Yue said at the Treasury Markets Summit on Wednesday that the city was working to encourage more bond issuance, deepen offshore renminbi liquidity and modernise market infrastructure. He called for development of a more diversified, deep and digital-native bond market.

The proposed green bond would also extend Hong Kong’s sustainable-finance programme. Proceeds from government green bonds are allocated to eligible projects under its green bond framework, including areas such as green buildings, waste management, resource recovery, energy efficiency and conservation.

By the end of 2025, around US$32 billion equivalent of green bonds had been issued under the government’s sustainable bond programme in institutional, retail and tokenised formats, according to the monetary authority. The proceeds had been allocated to more than 110 green projects.

Hong Kong’s first tokenised government green bond was issued in February 2023. A second transaction in February 2024 became the world’s first multi-currency digital bond offering, raising about HK$6 billion equivalent in Hong Kong dollars, renminbi, US dollars and euros.

The 2024 transaction also broadened access by linking the Central Moneymarkets Unit with international settlement systems Euroclear and Clearstream, allowing investors to participate through familiar market infrastructure while the bonds themselves were digitally native.

For the proposed new offering, final size, tenor, pricing and tranche allocations will depend on investor demand and market conditions. The government has not yet announced final terms, and the people familiar with the discussions said the structure remained subject to change.

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.

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At the event, mayors and city representatives from six international sister cities of Wuhan called for closer cooperation in technology, industry, education and culture.

Representatives from Manchester in Britain, Kemi in Finland, Cape Town in South Africa, Yangon in Myanmar, Rzeszów in Poland and Turkistan in Kazakhstan took part in discussions on urban innovation, industrial cooperation and cultural exchange.

Manchester: a new start after 40 years of friendship

This year marks the 40th anniversary of the sister-city relationship between Wuhan and Manchester.

Shaukat Ali, lord mayor of Manchester, said the city was ready to deepen cooperation with Wuhan in education, culture, youth affairs, innovation and industry.

“Manchester is committed to promoting urban transformation through open cooperation, sharing opportunities, and fostering common development with international sister cities like Wuhan,” he said.

Ali said Manchester had developed from a post-industrial city into an innovation-oriented economy, with a focus on advanced manufacturing, artificial intelligence, life sciences and green technologies.

He said the two cities could share experience in urban transformation, innovation districts, university-industry cooperation and low-carbon development, while encouraging links among universities, businesses and research institutions.

He also highlighted existing educational and cultural links, including cooperation between Hubei University and Manchester Metropolitan University and exchanges between the Royal Northern College of Music and Wuhan Conservatory of Music.

Kemi: balancing growth with environmental protection

Mikko Koivulehto, chairman of the City Council of Kemi, said the Finnish city sought to balance economic growth with environmental protection.

“We believe that protecting nature and building a prosperous city can go hand in hand,” he said.

Kemi, a port city in Finnish Lapland, has developed industries based on renewable raw materials, clean energy and the bioeconomy. The city is also seeking to expand tourism and improve livability.

This year marks the 10th anniversary of the friendly exchange relationship between Wuhan and Kemi. The two cities have cooperated in areas including trade, the circular economy, tourism and youth exchanges.

Cape Town: technology and jobs key to urban transformation

Lungelo Mbandazayo, city manager of Cape Town, said technological innovation, talent development, infrastructure and green renewal were key to Wuhan’s transformation.

Cape Town, a UNESCO City of Design, is seeking to expand its technology and digital sectors while promoting green technology and an inclusive economy.

Mbandazayo said youth unemployment remained a major challenge for Cape Town and that technological development needed to create jobs.

After visiting Wuhan companies and technology facilities, he said Cape Town hoped to deepen exchanges with Wuhan in technology and talent.

Yangon: seeking practical cooperation with Wuhan

Yangon Mayor Myo Myint Aung said the city was looking to Wuhan for experience in smart-city development, digital governance, intelligent transport and urban resilience.

Wuhan and Yangon signed a letter of intent on friendly exchanges and cooperation during the event.

Yangon is developing a long-term plan to accommodate population growth and expand its urban, industrial and transport infrastructure.

During a visit to Wuhan on Sept. 19, Myo toured the Optics Valley “Photon” suspended monorail, HGTECH and a Xiaomi smart home appliance factory.

“We came to Wuhan not just to observe, but to learn and cooperate,” he said, adding that Yangon hoped to develop smart manufacturing and strengthen cooperation in information technology.

Rzeszów: opportunities in aerospace and technology

Rzeszów Mayor Konrad Fijołek said the Polish city hoped to cooperate with Wuhan in aerospace, sensor technology, biodiversity and climate action.

Rzeszów is home to the “Aviation Valley,” a major aerospace cluster in Central Europe.

“Exploring cooperation with Wuhan is the reason I came here,” Fijołek said.

After visiting HGTECH and a Xiaomi smart home appliance factory, he said Wuhan’s automated manufacturing and technologies in sensors and satellite systems had impressed him.

He said cities could help connect universities, businesses and research institutions and promote international cooperation.

Turkistan: five areas for cooperation

Turkestan Mayor Azimbek Pazylbekuly said his city hoped to expand cooperation with Wuhan in tourism and culture, education and science, investment and entrepreneurship, digitalization and innovation, and transport and logistics.

Wuhan and Turkistan signed a memorandum of intent on friendly exchanges and cooperation during the event.

Turkistan, an ancient Silk Road city and a UNESCO World Heritage site, has been developing industries including food processing, textiles, furniture and construction materials.

Pazylbekuly said cooperation between governments, businesses, universities and research institutions could help turn the two cities’ exchanges into concrete projects.

The conference also included friendship-city anniversary celebrations and a signing ceremony for 10 cooperation projects. A digital list of cooperation opportunities and an initiative on international friendship-city cooperation were released.

During their stay, the visiting mayors toured Wuhan’s technology, manufacturing and ecological facilities, including the Optics Valley suspended monorail, a Yangtze finless porpoise conservation center, Xiaomi, HGTECH and Dongfeng Motor facilities.

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By Ashok Nilakantan Ayers NEW YORK: External Affairs Minister S Jaishankar arrived at the 81st UN General Assembly with an unusually broad diplomatic canvas before him. In meetings with European, Ukrainian, Arab, Asian and other counterparts, India was simultaneously talking to countries that sit on opposite sides of some of the world’s sharpest geopolitical divides. […]

The article Jaishankar’s Speech At UNGA: Multilateralism, Not ‘Choosing Camps’ appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

• Commits HK$14 million over two years to empower more than 38,000 beneficiaries.
• Incubates three inaugural community projects, bridging young people and the wider community.

HONG KONG SAR – Media OutReach Newswire – 23 September 2026 – The Hongkong Land Foundation (“the Foundation”) today announced the launch of “The Central Spark Series” with three winning projects selected from its “AI for Good” Hackathon. Together with its other ongoing initiatives, these projects form part of Hongkong Land’s HK$14 million commitment over the next two years to benefit more than 38,000 people across Hong Kong. The Central Spark Series also aligns with the HKSAR Government’s 2026 Policy Address, supporting its strategic vision for the renewal of Central as well as its agenda to strengthen people’s livelihood and foster a more inclusive society.

The Central Spark Series’ official launch ceremony brought together leaders from across government and the public sector, academia, social enterprise, and commerce. Officiating and attending guests demonstrating this cross-sector collaboration included Mr Ho Kai Ming, JP, Under Secretary for Labour and Welfare; Ms Grace Chan Man-yee, Member of the 8th Legislative Council (Social Welfare Functional Constituency); Ms Jeanne Cheng, JP, District Officer (Central and Western District); Mr Ivan Ho, Harbourfront Commission Chairman; Ms Sam Lam, Interim Director of the Jockey Club Design Institute for Social Innovation at The Hong Kong Polytechnic University; Prof Esterina Nervino, Associate Director of Global Governance & Innovation for a Shared Future at City University of Hong Kong; and Prof Howard Ling, Chief Consultant of Impact Incubator.

In March 2026, the Foundation organised the “AI for Good” Hackathon, a collaborative social innovation programme developed in partnership with The Jockey Club Design Institute for Social Innovation of The Hong Kong Polytechnic University. Ten NGOs and educational institutions pitched proposals to a panel of industry and community leaders. Three winning projects were selected: Central Connect by the Hong Kong Design Institute, Central as Canvas by Caritas Hong Kong, and Central POP! by the Hong Kong Youth Arts Foundation. These three projects form the foundation of The Central Spark Series, with further details outlined in the appendix.

The Central Spark Series leverages Hongkong Land’s Central portfolio in the heart of Hong Kong as a dynamic platform for learning, public participation and community engagement. By bringing young people, NGOs, tenants, employees and the wider public into the district, it translates the Foundation’s People, Place and Culture pillars into visible, on-the-ground experiences. Together, these projects demonstrate how different sectors can collaborate to build longer-term partnerships and create measurable social impact by creating more inclusive and resilient communities. They also nurture the next generation in art and culture, heritage and creativity, building a talent pipeline for Hong Kong’s creative industries.

Beyond Hong Kong, the Foundation extends its reach into other communities where Hongkong Land operates. The Foundation recently backed the Cultural Legacy Innovation Challenge in Beijing, supporting local young people to reimagine the travel route along the Beijing Central Axis. The project promotes the city’s heritage and history to residents and visitors from around the world. In addition to monetary support, Hongkong Land volunteers also give back to the community by offering their time and effort. This year, volunteers across Hong Kong, the Chinese Mainland, Singapore and South Asia have contributed more than 3,000 hours to various projects.

Michael T. Smith, Group Chief Executive of Hongkong Land, and Director of Hongkong Land Foundation, said “Businesses thrive only when their communities flourish. Through our Hongkong Land Foundation, we are committed to unlocking upward social mobility for the next generation through meaningful mentorship, networks, and opportunities. Central, Hong Kong has long stood as the preeminent financial district. Through the Central Spark Series, we will bring together non-profit, academia, talent, commercial partners, tenants, and the wider community to broaden that identity to help make it a vibrant hub for creativity, collaboration, and community.”

Hongkong Land has a longstanding commitment to corporate social responsibility. Since its establishment in November 2020, the Foundation (formerly Hongkong Land HOME FUND) has committed more than HK$133 million in community initiatives benefiting more than 760,000 people. Working alongside its partners over the long term, Hongkong Land remains committed to creating lasting impact for the communities of Hong Kong and beyond.

Appendix: Winning projects of the Central Spark Series

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Hongkong Land

Hongkong Land is a major listed property development, investment and management group. It focuses on developing, owning and managing ultra-premium mixed-use real estate in Asian gateway cities, featuring Grade A office, luxury retail, residential and hospitality products. With over US$50 billion in assets under management, Hongkong Land’s premium and ultra-premium mixed-use real estate footprint spans over 1.82 million sq. m. lettable area in operation and 1.57 million sq. m. lettable area under development, with flagship mixed-use projects in Hong Kong, Singapore and Shanghai. Its properties hold industry leading green building certifications and attract the world’s foremost companies and luxury brands. Established in 1889, Hongkong Land takes a long-term view, investing significantly alongside its capital partners and concentrating its portfolio where it can create the most value for tenants, customers and investors. Hongkong Land Holdings Limited has a primary listing on the London Stock Exchange, with secondary listings in Singapore and Bermuda. Hongkong Land is a member of the Jardine Matheson Group.

Hongkong Land Foundation

The Hongkong Land Foundation was established in November 2020 (formerly the Hongkong Land HOME FUND) to underscore our long-term commitment to liveable cities and vibrant communities. Building on our legacy of innovation, placemaking, and sustainability, the Foundation focuses on three interconnected pillars: People, Place, and Culture. Through these pillars, we drive social engagement and community development, acting as a catalyst for meaningful social impact. We address long-term socio-economic challenges and enrich lives across the communities we serve – creating lasting positive change, enhancing well-being, and fostering shared prosperity and resilience wherever Hongkong Land operates.

While World Cleanup Day often brings attention to streets, parks and other public areas, Eureka used the occasion to highlight less visible spaces around us – from overlooked corners at home to shared environments that can easily escape regular cleaning.

The campaign brought together creators across four European markets – Germany, Italy, France and Spain – with each collaboration bringing a local perspective to the idea of “Find the Unseen.”

In Germany, @mit_den_jungz explored “Find the Unseen” through a familiar everyday habit: cleaning the spaces we see, while often missing the ones we do not. By combining personal interaction with a hands-on demonstration of Eureka FloorShine 880 Wet and Dry Vacuum, the content encouraged viewers to look at familiar surroundings more carefully and reconsider what may be left out of their usual routines. In this way, the campaign idea became less about simply cleaning more, and more about noticing what is usually overlooked.

Looking ahead, Eureka plans to continue working with creators across Europe to discover more of these “unseen” spaces. Through future collaborations, the brand aims to encourage people to pay greater attention to their surroundings, both in their own homes and in the shared spaces they use every day, and make cleaner environments part of everyday life.

Eureka also introduced the “Find the Unseen” social media challenge, which invited consumers to use Eureka cleaning products on overlooked areas in their homes and share videos of the process online for a chance to receive cashback.

As part of the World Cleanup Day campaign, Eureka is offering 6% off any Eureka product from now through September 30 with the promotional code eureka920 on its German website.

Learn more: https://de.eureka.com/pages/worldcleanday2026/
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About Eureka

Founded in Detroit, USA, in 1909, Eureka is a century-old vacuum cleaner brand dedicated to making cleaning easier. The brand focuses on innovation, practical design and ease of use, developing cleaning solutions for everyday homes.