Investment

The government of Myanmar has launched a major investment drive centred on Asian countries in the face of declining interest from the West. “We must be proactive and seek the sort of investment that is good for the country,” Thaung Tun, head of the Myanmar ...

Southeast Asia is seeing a boom in foreign direct investment as the intensifying trade war between the US and China prompts companies to shift production to the region.Vietnam saw manufacturing inflows jump 18% in the first nine months of 2018, driven by investments including a ...

Thailand and Japan have come to an agreement to aid Japanese companies looking to invest in the government’s flagship Eastern Economic Corridor (EEC) scheme.Industry Minister Uttama Savanayana yesterday (Oct 5) witnessed the signing ceremony of a memorandum of intent between the EEC Office and the ...

During 17 – 18 September 2018, the Department of International Economic Affairs, Ministry of Foreign Affairs of the Kingdom of Thailand, in cooperation with the Organisation for Economic Co-operation and Development (OECD), organised the Thai – OECD Conference on Investment Policy under the theme “Maximising ...

The amended Budgetary Procedure Act, which stipulates that the budget of any investment project for which contracts are not signed by the end of the fiscal year will be cancelled automatically, is meant to prompt state agencies to accelerate investment. Keep reading ...

MITSUBISHI Fuso Truck and Bus Corporation (MFTBC), a unit of Daimler Trucks, yesterday announced the construction of a new assembly plant in the Eastern Economic Corridor (EEC).The company will invest 12 million euro (Bt450 million) in a complete knock-down (CKD) assembly plant in Rayong province, ...

There has been a steady stream of Chinese delegations coming to Thailand to look at business opportunities, particularly in the Eastern Economic Corridor (EEC).Most recently a group of high-ranking Chinese officials and executives met with Thai counterparts at the 6th meeting of the Joint Committee ...

Japan plans to team up with China to invest in Thailand’s infrastructure projects, targeting the Eastern Economic Corridor (EEC), said Transport Minister Arkhom Termpittayapaisith.The move came after the recent signing of a memorandum of understanding on private-sector economic cooperation in third-world countries between China and ...

Revised investment laws in Myanmar have been welcomed as offering greater opportunities for Thai companies of all sizes to move into wholesale and retail businesses across the border.Pakainay Leng-ee, minister counsellor at the Thai embassy’s office of commercial affairs in Yangon, yesterday said Thai companies ...

The government will sign 17 memorandums of understanding (MoUs) with Chinese counterparts, expecting to capture new trade and investment for the flagship Eastern Economic Corridor (EEC) scheme. Keep reading ...