Thailand’s agricultural sector applies Good Agricultural Practices (GAP), as defined by The Food and Agriculture Organization of the United Nations (FAO), at every step in production of agricultural products to ensure that everyone in the country can eat safe and healthy rice.
The Office of National Higher Education Science Research and Innovation Policy Council (NXPO), led by Dr. Kitipong Promwong, President, reveals that the volume of R&D investment in Thailand has grown continuously since 2011. Despite the Covid-19 Pandemic, which prompted the government sector to take action in the form of increased public R&D injection in response to potential national R&D slump from the pandemic, in accordance with a prior forecast by NXPO, the survey on R&D investment in 2020 by the National Research Council of Thailand (NRCT) shows an increase in the country’s R&D allocation to 208,009 million baht (66,304 million baht – or 32 percent – from the government sector and 141,705 million baht – or 68 percent – from the private sector). Noteworthily, the amount from the government sector increased from the previous year by almost 10 percent. The investment in R&D accounts for 1.33 percent of GDP, up from 1.14 percent last year.
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CIRCO Hub Thailand, a joint project between the Office of National Higher Education Science Research and Innovation Policy Council (NXPO) and Global Compact Network Thailand (GCNT), held the “Rethink Together: Co-creating Circular Economy with Circular Design” online seminar in January.
Investment value of projects related to the bio, circular and green (BCG) economic model is expected to grow further after reaching 677 billion baht as of September, says the Board of Investment (BoI).