Bid to attract EEC investment intensifies

The government is forging cooperation with more than 10 embassies to boost foreign investments in the Eastern Economic Corridor (EEC), with a focus on high-tech and eco-friendly businesses.Ambassadors from countries such as Japan, Germany, France and the Netherlands as well as executives from foreign chambers ...

Lamonphet Apisitniran

Recovery lures foreign fund inflows

Thailand’s bullish economic recovery is attracting high volumes of foreign fund inflows into Thai bonds and stocks, pushing the baht to a seven-month high, making it the strongest currency in Asia year-to-date.According to Kasikorn Research Center, the bond market received 127.79 billion worth of net ...

Bangkok Post Reporter

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

BOI calls for meeting with foreign representatives to boost investment opportunities in Thailand

Thailand’s Board of Investment (BOI) said on Wednesday that it had managed to hold a meeting with representatives of Foreign Chambers of Commerce to enhance confidence among investors and facilitate those who are interested to invest in Thailand.Duangjai Asawachintachit, BOI’s secretary general, said that 35 ...

Foreign investment pledges fall 29% y/y Jan-Sept

Foreign investment applications in Thailand amounted to 118.5 billion baht in January-September, down 29% from a year earlier, as investors were deterred by the coronavirus pandemic, an investment agency said on Wednesday.Foreign investors remain interested in the country, despite months of political protests.Keep reading ...

Finance Ministry prepares tax adjustments to lure FDI

The Finance Ministry is preparing to adjust the tax structure to incentivise foreign investors in preparation for a full reopening of the economy.One of the planned measures to stimulate the economy is adjusting the tax structure as a short-term boost for individuals and the private ...

Wichit Chantanusornsiri

Thai embassies in 30 nations urged to woo investors for EEC

The Eastern Economic Corridor (EEC) Office of Thailand has recently called on Thai embassies in 30 countries to approach foreign firms to invest in the EEC, the office’s secretary-general Kanit Sangsubhan said.He said the EEC’s main targets are firms in technology, logistics, medical and health ...

The Nation Reporter

Bt1.6-billion FDI got the nod in June

The committee overseeing foreigners’ investment under the Foreign Business Act permitted 22 foreigners to invest in Thailand in June, according to the Department of Business Development’s director-general, Vuttikrai Leewiraphan.Most of them are from Japan, Singapore and China with total foreign direct investment (FDI) of Bt1.587 ...

The Nation Reporter

Cabinet approves steps towards "ease of doing business"

Among the key measures included in “Thailand Plus Package”, a new package drawn up to attract foreign investment, is the easing of procedure for foreign investors in applying for visa and work permit.Keep reading ...

The Nation Reporter

Japanese keen to press on with EEC operations

Japanese investors are calling on the government to carry out the Eastern Economic Corridor (EEC) scheme as they plan to invest and expand their operations further, says the Japanese Chamber of Commerce (JCC).Atsushi Taketani, chairman of the JCC’s economic research group, said the EEC is ...

Lamonphet Apisitniran

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