The investment incentive scheme is aimed to increase investors’ confidence and success opportunity. With the biddings for the development of both projects planned for late 2018, BOI has offered the incentive scheme to attract more investors To drive concrete development of the Eastern Economic Corridor (EEC), Thailand’s Board of Investment (BOI) has recently approved investment incentive scheme.…
With roughly 20 million international overnight visitors, Bangkok remains in the top spot this year and is unlikely to be challenged Visitors tend to stay in Bangkok 4.7 nights and spend $173 per day on average, but Dubai attracts more big spenders with a whopping $537 daily treat With roughly 20 million international overnight visitors,…
Almost 40 years after its first annual assessment of the global economy, the Forum’s 2018 report changes methodology to asses Global Competitiveness Thailand scores 67.5 to rank 38th in the new index reoriented towards future technology-driven growth How well countries adapt to the Fourth Industrial Revolution (4IR) will determine whether they ‘thrive’ or ‘stagnate’ and…
The Nikkei Asian Review released today its third annual Asia300 Power Performers Ranking This year’s top performers include a number of regional players that may not be well-known to the general public but are nonetheless delivering solid results in terms of these key metrics. The Nikkei Asian Review released today its third annual Asia300 Power…
In 2016, the average occupancy rate rose from the previous year’s 65.1% to 67.8% Occupancy rates and revenue for hotels will tend to grow in line with continuing growth momentum of the markets for both domestic and international tourism, in particular for increases in the number of Chinese tourists coming to Thailand, who currently account…
Automobile manufacturing has long been the pillar industry of the Thai economy In 2017, the output value of automobile manufacturing accounted for more than 10% of Thailand’s GDP. With its superior geographic location and government support, Thailand has become the largest automobile producer in Southeast Asia, and is called the Detroit of Asia. Automobile manufacturing…
With roughly 20 million international overnight visitors, Bangkok remains in the top spot this year and is unlikely to be challenged Visitors tend to stay in Bangkok 4.7 nights and spend $173 per day on average, but Dubai attracts more big spenders with a whopping $537 daily treat With roughly 20 million international overnight visitors,…
Thailand ranks 6 th among the ten most important economies in Asia according to DataLeads China, world’s second-largest economy stands tall with US$ 25.3 trillion and is up by 9% from 2017 followed by India at 10.38 trillion which is up by 9.8% showing growth over the preceding year. Thailand ranks 6 th among the…
Thai companies are increasingly investing in neighboring ASEAN countries. While these investments have resulted in significant profits for both the companies and the host countries, they have also triggered adverse environmental and social issues. Moreover, these outbound investments often occur without implementing the proper mechanisms to ensure compliance with international human rights standards and practices,…
The Thai automobile and auto parts industry accounts for nearly 12 percent of Thailand’s economic growth and employs more than 500,000 people. With shipments bound for more than 100 countries, Thailand is the 13th largest automotive parts exporter and the sixth largest commercial vehicle manufacturer in the world Thailand offers great investment potential as a…