Suggestions for 2022 investments

The year 2021 posted exponential growth for cryptocurrencies and digital assets, which remain both one of the riskiest assets and one of the most promising growth opportunities entering 2022.To capture gains from the growing asset class, brokers advise investing 5-15% of a portfolio in digital ...

Bangkok Post Reporter

Ministry pushes for use of EVs in industrial sector to boost investment

In a bid to encourage investment in electric vehicles (EV), the Industry Ministry is joining hands with Siam Cement Group (SCG) to boost the use of EVs in the industrial sector.The ministry is also in the process of inviting other large companies like PTT and ...

The Nation Reporter

BoI’s Asean investment framework gets Cabinet okay

The Cabinet on Tuesday gave the go-ahead to the Asean Investment Facilitation Framework (AIFF) proposed by the Board of Investment (BoI).It also appointed Deputy PM Supattanapong Punmeechaow, who oversees issues related to the economy and investment, as the Thai representative at the Asean Economics Ministers’ ...

The Nation Reporter

Worsening outlook limits investment opportunity

July was the worst month for Covid-19 in Thailand since the pandemic began and cases continue to rise by more than 20,000 daily. Total cases in the country have surpassed 830,000, with more than 200,000 infections and 2,100 deaths since the start of August alone.The ...

FDI to start recovering next year in hotel, tourism sectors

Thailand’s foreign direct investment (FDI) is expected to recover next year, especially for hotels, tourism and other sectors such as electronics and wafer fabrication for which the Board of Investment has offered attractive tax breaks.Speaking at an online seminar “Key Findings Of UNCTAD World Investment ...

Bangkok Post Reporter

ICI rises 1.6% as jabs boost investor sentiment

The Investor Confidence Index (ICI) for stocks in the next three months rose by 1.6% from the previous month and remains in the bullish zone as investors expect the Covid-19 vaccination programme to ease the pandemic situation.The upcoming nationwide vaccination drive is the main factor ...

Bangkok Post Reporter

Local startup deals down, funding surges

The number of startup funding deals plunged to 30 in 2020, down from 41 the year before, due to the pandemic as investment focused more on companies in the growth stage, according to tech media Techsauce.However, the total investment in local startups surged to US$364 ...

Suchit Leesa-Nguansuk

Private sector expected to shore up EEC activity

Real investment in the government’s Eastern Economic Corridor (EEC) is estimated to reach 400 billion baht this year, driven largely by private investment and key infrastructure development projects.Of the total, 300 billion baht is expected to be generated by private investment, while 100 billion would ...

Bangkok Post Reporter

EEC Expects 300-billion-baht Investment This Year

The Eastern Economic Corridor (EEC) has expected investment to triple to 300 billion baht this year as investment projects previously held by the coronavirus outbreak get pushed forward again.EEC Secretary -General Kanit Sangsubhan said actual investment in the EEC could be up from 96 billion ...

NNT Reporter

Investor confidence improves but new Covid wave drags

Investor confidence in Thai financial markets over the next three months has improved slightly on optimism over vaccines and capital inflows, but has been capped by a new wave of coronavirus cases, a capital market association said on Tuesday.A survey in January by the Thai ...

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