The Industry Ministry will call a meeting with Board of Investment (BoI) to work out measures for supporting Japanese businesses that might want to relocate to Thailand following the recent earthquake and tsunami in Japan.

Industry Vice Minister Puttipong Punnakan said the BoI has been monitoring the impacts of the tsunami and quake. The meeting will aim to come up with a plan to provide privileges and support in special cases to Japanese businesses that want to relocate their production bases to Thailand, which is one of Japan’s main production bases.

Putipong said the results of the meeting would be forwarded for consideration of the council of economic ministries chaired by Prime Minister Abhisit Vejjajiva, without the need to go to the BoI board.

via Govt mulls special privileges for Japanese businesses.

About the author

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Sign Up for Our Newsletter

Get notified of our weekly selection of news

You May Also Like

APAC region records 119% QoQ growth in M&A deal value in Q2 2022

India, Australia and China were the top three countries when measured in terms of M&A deal value in Q2, with India accounting for half of the top 20 deals. South Korea, Indonesia, Malaysia, and Japan were the next top countries that contributed to a surge in M&A deal value.

Business Urged to Leverage 5G at Thailand 5G Summit 2022

Digital Economy and Society Minister Chaiwut Thanakamanusorn said driving digital technology and innovations is crucial for promoting the utilization of 5G, while also expanding opportunities for the business and civic sectors.

SET market report for March 2022

SET Index in the first quarter of 2022 was driven by industry groups which benefit from the country reopening, as such Services, Technology and Resources industry groups rose at a faster pace than the SET Index at end-2021.