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Thailand’s factory output in December dropped more than expected, as a global slowdown hit demand for Thai exports, the Ministry of Industry said on Tuesday. Source: Business

AIA, Asia’s largest publicly-listed life insurance and securities group, is looking to expand its portfolio to logistics and real estate-related projects in markets such as Thailand amid economic uncertainties. Source: Business

Siam Health Co, the maker of Dentiste premium oral care products, expects to set up a toothpaste factory in South Korea this year. Source: Business

The tourism confidence index in the fourth quarter still lagged behind the corresponding period prior to the pandemic, while the Tourism Council of Thailand (TCT) said tourism scams can be found everywhere. Source: Business

Thai Medical Groups Co (TMG), a manufacturer of medical gloves, has signed a land lease agreement to build La Torre Medical Wellness Center, a luxury riverside wellness centre worth 5 billion baht. Source: Business

National Telecom (NT) is considering spinning off its two profitable firms this year to better streamline their operations and pursue its survival plan. Source: Business

Muang Thai Life Assurance (MTL) expects to grow in line with the overall insurance industry this year, saying the cooling global economy would have a minimal impact on insurance policy renewals as consumers are more health-conscious following the Covid-19 pandemic. Source: Business

JAKARTA: Indonesia plans to offer 10 oil and gas working areas this year, including a block in the South China Sea, amid efforts to boost energy production and make new discoveries, a senior energy ministry official said on Monday. Source: Business

THE HAGUE – Embattled Dutch medical tech maker Philips said on Monday it will slash 6,000 more jobs worldwide in a bid to restore profitability after a massive recall of faulty sleep respirators. Source: Business

Bitcoin is set for its best January since 2013 on bets that monetary tightening and the crypto-sector crisis are both ebbing. Source: Business