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NIA joins with Chulalongkorn to initiate wellness economy value chain

14 Sept 04:59 Key points summarised by AI

The National Innovation Agency (NIA) and Chulalongkorn University have partnered to establish a comprehensive value chain, aiming to significantly develop Thailand's wellness economy.
A two-year project, backed by 450 million baht from NIA, will fund 6 pilot networks, enhance product and service standards, and support wellness innovation, targeting a market value increase to 2.5 billion baht.
The initiative emphasizes integrating scientific research, clinical data, and a customer-centric approach, while experts advocate for consistent government policies and improved public-private sector integration to maximize growth potential.

Today 14:58 Key points summarised by AI

Thailand's government will launch the "Chainat-Pasak-Gulf" water diversion canal project in fiscal year 2027, a seven-year mega-infrastructure initiative.
This permanent structural solution aims to mitigate recurrent central plains flooding by diverting water from the Chao Phraya River directly into the Gulf of Thailand, significantly reducing flow to major cities like Ayutthaya and Bangkok.
Prime Minister Anutin Charnvirakul justifies the long-term investment as a means to reduce future damages and fiscal burdens, contrasting it with the 40-50 billion baht spent annually on short-term flood relief.
Concurrently, the Prime Minister instructed officials to expand drainage capacity into the Tha Chin River and swiftly remove water hyacinths to improve immediate flood management.