Thai cosmetics makers aim to go global

Thailand’s National Science and Technology Development (NSTDA) has opened a one-stop service to assist entrepreneurs in the cosmetics industry in entering the global market.
Thai cosmetics makers aim to go global ảnh 1Illustrative image (Photo:bangkokpost.com)

Bangkok (VNA) – Thailand’s National Science and TechnologyDevelopment (NSTDA) has opened a one-stop service to assist entrepreneurs inthe cosmetics industry in entering the global market.

NSTDA Director Chukit Limpijamnong said this industry is oneof the agency's core businesses and has strong potential to grow in both localand international markets. As such, firms operating in the industry need strongsupport as they research and develop innovative technology.

The NSTDA has a clear policy of transferring research in thelab into commercial products, thus boosting the nation's economic prosperity.

Chukit said the NSTDA has a Service Platform forFood and Functional Ingredients, known as Food SERP, which plays an importantrole in supporting the food and cosmetics industries.

Accordingto the official, some entrepreneurs in the former field have found it difficult tolaunch their products overseas and need a reliable agency to issue acertificate for the active ingredients used in their products. The NSTDA hasprovided this service to facilitate their business.

Chukit emphasised that a close cooperation between the NSTDA andthe cosmetics manufacturing group will help their businesses to grow fasterwith strong support of the NSTDA based on science and technology, including one-stopservice that helps enterprises to get the documents they need to sell theirproducts.

The NSTDA and the Thai Cosmetic Cluster (TCOS) on October 31 signed aMemorandum of Understanding (MoU) to cooperate on research and development(R&D) when it comes to cosmetics and the development of relatedmanufacturing procedures.

Chukit noted that the goal is toraise product quality via innovation and technology to make them morecompetitive in the global market and strengthen networks to create a positiveimpact on social, economic and environmental development sustainably./.

VNA

See more

At Pulau Seraya power station (Photo: Straitimes)

Singapore begins construction on hydrogen-fueled power plant

Singapore on October 23 began the construction of an 800 million USD power plant that has the capability to use hydrogen to generate electricity, as part of a push to utilise the fuel to reach Singapore’s net-zero carbon emissions target by 2050.

Delegates at the event (Photo: VNA)

125th anniversary of Permanent Court of Arbitration celebrated

The Permanent Mission of Vietnam to the United Nations and missions of the Philippines, Australia, Egypt, Guatemala, Hungary, Thailand, France, Eritrea and Austria, organised a ceremony on October 22 to celebrate the 125th anniversary of the Permanent Court of Arbitration (PCA), as part of the International Law Week at the UN General Assembly's Legal Committee (Sixth Committee).

CEO of the Malaysia Digital Economy Corporation Anuar Fariz Fadzil (Photo: focusmalaysia.my)

Malaysia continues placing emphasis on digitalisation

The Budget 2025 provides significant support to further accelerate Malaysia’s digitalisation, encourage adoption of artificial intelligence (AI) and drive inclusive growth, further positioning Malaysia as a leading digital hub within the ASEAN region, according to CEO of the Malaysia Digital Economy Corporation (MDEC) Anuar Fariz Fadzil.

Malaysia's economic reforms boost investment inflow (Photo: thestar.com.my)

Malaysia's economic reforms boost investment inflow

Malaysia has attracted substantial foreign investments, reaching 22.2 billion MYR (5.16 billion USD) in the third quarter of 2024, the highest level for the same period since 2012, according to UOB's Global Markets and Economics report.

Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the UN speaks at the debate (Photo: VNA)

Maintaining peace, stability a must for progress on human rights: Ambassador

Progress in human rights can only be achieved by maintaining peace and stability, respecting the rule of law at both the international and national levels, and ensuring respect for the principles of national sovereignty and non-interference in internal affairs, said Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the UN.

A visitor browses travel promotions at a travel fair in Nonthaburi province. (Photo: Bangkok Post)

Thailand plans enhanced support for domestic tourism

Thailand’s Ministry of Tourism and Sports is aiming to increase subsidy to local tourists in the upcoming stimulus scheme to 50% and would like to change the criteria for online travel agents, mandating them to register in Thailand to avoid losing income to foreign companies.

Oil field offshore Indonesia. (Photo: thejakartapost.com)

Indonesia begins major oil, gas exploration in Sulawesi

Indonesia's state-owned oil company Pertamina, along with foreign partners Sinopec from China and Kuwait’s Kufpec, has signed a contract to explore the Melati oil and gas block, located off the coast of Sulawesi. The block is estimated to contain trillions of cubic feet of gas reserves.