Thailand’s FDI applications up 69% in the first nine months of 2019 The total value of FDI applications received by the BOI in the nine months to September increased 69% from the year earlier period, to a total value of 203.37 billion baht, according to the latest data from the BOI Thailand continued to attract rising…
BOI, Fiscal Policy Research Institute Foundation arrange “Creating Thai Investors in Foreign Countries” training program BANGKOK, 29 April 2019 (NNT) – To promote Thai investment abroad, all sectors must help one another boost competitiveness. However, it is necessary to invest in what that country needs, which will help strengthen the Thai business sector. The Office of…
Indian businesses can use Thailand’s Eastern Economic Corridor as gateway to Asian market New Delhi, Mar 27 (KNN) Indian businesses can use Thailand’s Eastern Economic Corridor (EEC) as gateway to Asian market, said the official from the Thailand Board of Investment. Executive Director of International Affair Bureau, Board of Investment, Thailand, Bussarakum Sriratana made the above…
New Incentives For Electric Vehicle And Railway Investment In EEC The Thai government has continued to promote investment in the Eastern Economic Corridor (EEC), especially its electric vehicle and railway sectors. Prime Minister Gen Prayut Chan-o-cha chaired a meeting of the Board of Investment (BOI). The meeting resolved to support investment in the EECi, or…
Thailand’s International Business Center Incentives Under the Foreign Business Act (“FBA”), foreigners are legally restricted in doing certain businesses in Thailand as prescribed in the lists Annexed to the FBA. Fortunately, there are various possibilities to obtain official permissions. And there are also government schemes available which provide for tax exemptions and tax reductions. Until…
Thailand Approves 40 Billion Baht Projects To Promote EEC Development BOI has approved investment incentives for five projects worth over 1.3 billion dollars The Thailand Board of Investment (BOI) has approved investment incentives for five projects with a total investment of value of over 40,462 million baht ($1.3 bln). The highest investment proposal comes from…
BOI Pushes “Thailand Investment Year” To Accelerate Economic Shift For 2019, BOI has set investment application target at 750,000 million baht To promote the new package and share with investors Thailand’s updated investment policy and incentives, BOI sets “Thailand Investment Year – What’s New?” as the theme of its annual seminar scheduled for 4 March…
Thailand’s ongoing efforts to create a comprehensive ecosystem to support the country’s digital industry have been progressing rapidly in recent years thanks to such government flagship initiatives as Digital Park Thailand (EECD) and Smart City. The development of cutting-edge infrastructural facilities to support these initiatives has brought unprecedented opportunities for investors and business leaders, Thailand’s Board of Investment…
The Deputy Prime Minister of Thailand has revealed that the total amount of investment promotion application in 2018 reached 901,770 million baht, which exceeded the original target by 25%. Investment applications in the EEC accounted for more than 680,000 million baht. Deputy Prime Minister Dr. Somkid Jatusripitak said after a meeting with the Board of…
The Board of Investment of Thailand (BOI) has laid out strategies to boost the development of rail services and the country’s cruise tourism. Duangjai Asawachintachit, BOI secretary general, says the latest BOI meeting chaired by the Prime Minister had resolved to instigate measures to attract investment in rail development and related infrastructure for continued economic…