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NIA Advances Strategic Plan to Empower Thai Innovation Businesses with Knowledge, Funding, and Global Networks to Drive Thai Innovation onto the World Stage
The agency has announced significant achievements in driving Thai innovation businesses towards global competitiveness through its ‘4G’ strategy: Groom, Grant, Growth, and Global. NIA now moves forward with new objectives: to foster innovations that deliver tangible positive impacts on the economy and society, supported by a strong innovation ecosystem. This includes financial support, the development of entrepreneurial capabilities, access to innovation infrastructure, and adaptation to the ongoing volatility of the global economic and social landscape.
The goal is to strengthen Thai entrepreneurs and create opportunities for them to expand their investments both domestically and internationally.
Dr. Krithpaka Boonfueng, Executive Director of the National Innovation Agency (Public Organization) (NIA), stated that Thailand’s innovation businesses hold several inherent strengths: from the readiness of national policies and infrastructure to the ability to blend culture and technology into creative products and services, leveraging diverse natural resources and the growing regional market that continues to attract foreign investors.
These factors have given Thai start-ups and SMEs the opportunity for exponential growth. As Thailand’s Focal Conductor of Innovation, NIA stands ready to link with partners both in Thailand and overseas to promote and support innovation-driven businesses across all dimensions, guided by the 4G framework: Groom: nurturing and developing innovation capability; Grant: providing financial support; Growth: creating opportunities to expand markets and access funding; and Global: propelling Thai innovations onto the international stage.
Over the past year, under the ‘Groom’ dimension, NIA has accelerated capability building through 16 innovation training programs delivered by NIA Academy, engaging more than 40,000 participants across youth, entrepreneurs, organizations, and emerging leaders. The agency has also promoted start-up development through the Thailand League Start-up Program, engaging over 250 teams from 50 universities nationwide, equipping students with entrepreneurial skills and perspectives to prepare them for the real-world start-up journey.
For start-ups, SMEs, and social enterprises looking to further develop and commercialize their innovations, NIA provides financial support under the ‘Grant’ dimension. This is structured into national development innovation funding and area-based innovation funding, supported by nine mechanisms designed to meet target group needs: Open innovation; Mission-driven innovation programs; Development of standards for innovation businesses; Partial interest support to enhance liquidity; Scaling regional innovation to wider markets; Innovation advisory services; Business expansion support; the ‘Good Innovation, No Interest’ initiative; and Co-funding and investment support, connecting entrepreneurs with public and private capital sources.
As of August, NIA has already supported 254 innovation projects this year, with funding exceeding 397 million baht.
In the ‘Growth’ dimension, NIA prioritizes expanding market access and funding opportunities both domestically and internationally, particularly in Thailand’s high-potential industries. To this end, the agency has developed acceleration programs for five priority sectors: agriculture, food, medical and healthcare, energy and environment, and tourism/soft power/society.
In 2026, NIA aims to accelerate growth for 100 start-ups, targeting innovation-driven revenues of 1 billion baht and attracting an additional 2 billion baht in investment. The agency also continues to highlight and disseminate success stories through the Nil Mangkorn (Blue Dragon) Project, now in its third year. Cohorts 1 and 2 of the projects have enabled more than 40 Thai innovation brands to achieve average revenue growth of 3.4 times, equivalent to an economic impact of over 530 million baht.
NIA also positions itself as a global start-up hub, providing services for both Thai start-ups aiming to expand overseas and foreign start-ups seeking to establish businesses in Thailand. Under the ‘Global’ dimension, support ranges from consultancy, market access, and investment facilitation to smart visas and tax measures. Thai start-ups with potential are guided into global markets through international market linkages, partnerships, and overseas business matching activities in countries such as the United States, Sweden, Finland, Qatar, China, Japan, Korea, and Hong Kong. To strengthen these efforts, NIA has also introduced programs to elevate innovation-based enterprises into international markets, including: Corporate Spark: fostering business matching with international start-ups possessing distinctive technologies or services; Global Market Link: creating opportunities to connect and expand markets overseas; and Global Investment Link: enhancing capabilities to attract investment from foreign investors.
Dr. Krithpaka added, “Looking ahead to 2026, NIA identifies four global innovation trends that will shape opportunities and challenges for Thai start-ups and SMEs alike. These are: (1) Technology trends such as AI, IoT, and automation; (2) Environmental trends, including alternative energy, energy efficiency, and carbon reduction; (3) Geopolitical trends, covering resource allocation, conflict situations affecting global supply chains, and trade tariffs between Thailand and the United States, all of which demand adaptability from Thai industry and entrepreneurs; and (4) Demographic trends, particularly the shrinking proportion of the working-age population, which will affect economic structures, productivity, health welfare, and demand for goods and services. These present both challenges and opportunities for Thai SMEs and start-ups to adapt and tap into new business prospects arising from such shifts.”
In response, NIA has outlined three flagship projects aligned with MHESI policy priorities: (1) the development of Thailand as a regional medical hub; (2) the application of agri-tech and agri-innovation by start-ups; and (3) the acceleration of deep-tech innovation enterprises. Additionally, NIA is advancing the NIA Innovation Journey & Dashboard 2026, a national database system consolidating information on innovation-based entrepreneurs, supported products and services, and growth trajectories. This platform will enable analysis of innovation dynamics to guide future policy direction and support mechanisms.
Dr. Krithpaka concluded that “NIA remains firmly committed to promoting and supporting innovations that deliver positive impacts on both the economy and society – what we call Impactful Innovation. This will serve as a driving force to propel Thailand towards becoming a true ‘Innovation Nation’ recognized on the global stage.”
Hashtag: #NIA #NationalInnovationAgency
https://www.nia.or.th/The issuer is solely responsible for the content of this announcement.
As awareness around women’s health continues to grow, menopause remains a life stage that is frequently underserved by mainstream health solutions. JR Life Sciences is responding to this gap with a science-backed, plant-derived formulation that offers a natural alternative to conventional hormone-based therapies, one that is both accessible and aligned with the preferences of today’s health-conscious consumer.
Menopause Relief is a once-daily capsule containing three plant-based phytoestrogens, each selected for their clinically studied benefits in managing menopause symptoms and supporting long-term health. The formulation is free from synthetic hormones and is suitable for both vegetarian and vegan diets, making it broadly accessible across diverse consumer lifestyles.
Key active ingredients include:
- Lifenol Hops Extract (8-PN phytoestrogen): Shown to lessen hot flushes, night sweats, sleep disturbances, restlessness and irritability while helping to maintain total-body bone-mineral density.
- Flax Lignan (SDG phytoestrogen): Provides gentle hormonal support that helps balance oestrogen levels during the transition.
- Soy Isoflavone (genistein and daidzein): Supports bone strength, reduces hot flashes and steadies mild mood swings.
The launch of Menopause Relief reflects a broader strategic priority for JR Life Sciences: to expand its women’s health portfolio in response to growing consumer demand for natural health solutions. In Singapore, where an ageing population is driving increased interest in preventive health and targeted supplementation, the company sees a significant opportunity to better serve women navigating the menopause transition.
Holistic Way currently distributes a comprehensive range of nutraceuticals across key health categories, including:
- Musculoskeletal Health: Products categorised under joint supplements to address knee pain and mobility concerns in ageing demographics.
- Immunity & General Health: Daily essentials ranging from Vitamin C tablets and multivitamin supplements to vitamins for the immune system.
- Specialised Care: Targeted formulations including eye health supplements, probiotics supplements, and heart health supplements.
- Beauty & Wellness: Functional supplements such as collagen shots, hair growth supplements, and anti-ageing supplements.
As JR Life Sciences prepares for 2027, its focus remains on addressing unmet market needs and evolving consumer expectations. Guided by a commitment to science-backed innovation and quality, the company continues to invest in building a future-ready product pipeline that supports long-term well-being and reinforces trust among consumers in Singapore and beyond.
Menopause Relief is now available through Holistic Way’s retail and digital channels. For more information, visit https://holisticway.com.sg/.
Hashtag: #HolisticWay
The issuer is solely responsible for the content of this announcement.
About Holistic Way
Holistic Way is a leading Singapore-based health supplement brand under JR Life Sciences, committed to supporting holistic wellbeing through science-led nutrition. The brand offers a comprehensive range of supplements formulated to support key health areas, including immunity, hormonal balance, joint health, digestive wellness, and healthy ageing. Guided by evidence-based research and stringent quality standards, Holistic Way focuses on delivering effective, reliable solutions that address both everyday wellness needs and specific life-stage concerns. Through its emphasis on scientific integrity and product excellence, Holistic Way empowers individuals to take proactive control of their health and well-being.
Emerging economies are becoming the EV industry’s fastest-growing markets, creating new opportunities for automakers with an international footprint. VinFast’s latest expansion reflects that shift.
DUBAI, UNITED ARAB EMIRATES – Media OutReach Newswire – 5 August 2026 – For much of the past decade, the global electric vehicle conversation has revolved around three markets: China, the United States, and Europe. But recent industry data suggests the next chapter may be written elsewhere.
According to the International Energy Agency (IEA), global car sales fell about 5% in the first half of 2026 as economic pressures, fuel price volatility and policy changes weighed on demand in China and the US. Yet electric vehicle sales rebounded strongly in the second quarter, reaching record levels in 50 countries. Markets including Vietnam, India, Australia and South Korea roughly doubled EV sales compared with a year earlier, while more than 90 countries posted year-on-year growth during the first half of the year.
The shift reflects a broader change in where future industry growth is likely to come from. While China remains the world’s largest EV market, the IEA expects sales there to stagnate this year for the first time this decade, even as electric vehicles account for more than 60% of new car sales. Meanwhile, emerging markets are becoming increasingly important, supported by expanding policy incentives, growing charging infrastructure and rising consumer interest.
The agency also notes that China and other emerging economies are expected to account for around 60% of global car demand over the next decade, making success in these markets an increasingly important determinant of future automotive leadership.
VinFast’s latest performance reflects this changing landscape.
The Vietnamese automaker delivered 70,085 electric vehicles globally in the second quarter of 2026, up 96% year-on-year, bringing first-half deliveries to 128,662 vehicles, a 78% increase from the same period last year. The company’s two-wheel business also continued to expand rapidly, with 286,039 electric scooters and e-bikes delivered during the quarter, up 311% year-on-year.
The delivery mix also highlights the importance of products designed for diverse market needs. Models ranging from the compact VF 3 and VF 5 to the Limo Green MPV and the newly introduced VF MPV 7 all contributed meaningfully to second-quarter volumes, suggesting demand is spread across both personal mobility and commercial transportation segments.
Just as significant is where those vehicles are going.
In July, VinFast exported more than 5,000 electric vehicles aboard two dedicated vessels. One shipment, consisting of approximately 1,500 VF 6 SUVs, was designated for partner Green SM’s planned expansion in Europe, while another transported more than 3,500 vehicles to the Philippines and Indonesia. The voyages marked VinFast’s 37th and 38th international export shipments in fewer than four years, underscoring the increasing operational scale behind its global expansion.
VinFast’s effort in international market, including in the Middle East, shows that as growth becomes more geographically diversified, automakers can no longer rely on a handful of mature markets to drive expansion. Instead, success will increasingly depend on building products, distribution networks and operations that can compete across a wide range of emerging economies.
For the global EV industry, the center of gravity is not disappearing from established markets. It is becoming far more distributed. VinFast’s recent momentum suggests that companies positioned across multiple high-growth regions may be among the best placed to benefit from that shift.
Hashtag: #VinFast
The issuer is solely responsible for the content of this announcement.
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EM Services and SPTel Partner to Advance Smart Estate Management Through Digital Connectivity and IoT Solutions
- Faster detection of estate issues
- Faster response and resolution times
- Better use of manpower and resources
- Better services and living environments for residents
CEO
EM Services
Chief Executive Officer
SPTel
Hashtag: #EMServices #SPTel
The issuer is solely responsible for the content of this announcement.
About EM Services
About SPTel
