Investment

Thailand plans public-private partnership (PPP) projects worth 1.09 trillion baht during 2020-2027, the finance ministry said on Wednesday, as the government tries to revive the struggling economy amid the coronavirus pandemic.The 92-project plan includes 18 high-priority infrastructure projects worth 472 billion baht, Prapas Kong-Ied, head ...

A meagre 25 billion baht in investment budget was doled out in the first three months of fiscal 2020, as the months-delayed 3.2-trillion-baht budget bill has yet to be enforced, says a source at the Finance Ministry who requested anonymity.The disbursed budget accounted for 4.4% ...

Fresh incentives meant to spur private investment of 110 billion baht and add 0.25 percentage points to economic growth sailed through the cabinet on Tuesday.The measures include a corporate income tax deduction of 2.5 times expenditure on machinery, a one-year tax exemption for importing new ...

The Industry Ministry forecasts investment flows in the Eastern Economic Corridor (EEC) to begin from 2020, largely into the 12 targeted industries after the government begins to develop five megaprojects in the corridor.There is some progress on the Map Ta Phut seaport, high-speed railway linking ...

More Chinese manufacturers are looking to Thailand as a production base to avoid US tariffs, based on trends in demand for industrial estates.WHA Corp, the top Thai provider of such estates, said it expects Chinese companies to account for as much as half of its ...

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 Board of Investment (BoI) looks set to propose to the economic cabinet at its meeting on Friday a relocation package for foreign investors wishing to shift from China to Thailand.The package will focus largely on headquarters, research centres, talent and high technology industry, said ...

The Industry Ministry is being urged to speed up invitations to US companies for future investment in Thailand to benefit from rising trade between Southeast Asia and the US under the Free and Open Indo-Pacific Strategy, says Deputy Prime Minister Somkid Jatusripitak.Keep reading ...

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 ...

The Digital Economic Promotion Agency  will propose an extension of the 200% tax cut policy for entrepreneurs who invested in software technology and will increase the maximum sum for a tax exemption to 200,000 baht.Keep watching ...