Connect with us

Investment

Thailand remains an investment destination for Japanese investors

Japanese investors continued seeing Thailand as the top investment destination in the region, according to Industry Minister Chaiwuti Bannawat.

Aishwarya Gupta

Published

on

Japanese investors continued seeing Thailand as the top investment destination in the region, according to Industry Minister Chaiwuti Bannawat.

Industry Minister Chaiwuti Bannawat said the ongoing political rallies are unlikely to undermine foreign investor confidence in the overall economy, but it could impact new investors, who do not yet understand the situation in Thailand.

The minister said the Japanese investors continued considering Thailand as the top destination to which they want to shift their investment base.

He predicted that the number of Japanese investors will be on the rise, mainly SMEs investing in major industries and those in non-autmotive sector industries.

Mr Chaiwuti said new investment projects set to take place in Thailand are mainly environmentally friendly schemes such as clean energy production and bio-technology.

Thailand has been recognised as the investment hub in the region, so he is confident that the value of projects seeking investment promotions this year would be higher than Bt400 billion, the minister said. (MCOT online news)

See the rest here:
Japanese investors still eye Thailand as top investment destination

Implementation of Reforms in Thailand

Recent crashes in Thailand’s GDP and export markets, plus the drop in tourism fuelled by recession and last year’s domestic political turmoil, have dispelled illusions that the country is insulated from the effects of the global downturn. Numerous indicators of economic health are hitting the red, foreign investment is evaporating, unemployment is surging, and credit lines are freezing up. Thailand’s government still says there is a possibility of positive growth this year, despite facing a rougher ride than in the 1997 Asian financial crisis as conditions infest the real economy on a broader scale.

Comments

Investment

Thailand Saw $1.7 billion Applications in Bio-Circular-Green (BCG) Investments in 2020, BOI Says

The BCG model, as defined by the Thai Government, encompasses industries that allow inclusive, sustainable growth while reducing waste, pollution and dependence on finite resources.

Avatar

Published

on

By

In the first nine months of 2020, local and international companies applied to invest as much as $1.7 billion in Thailand in more than 300 projects in the sectors listed as “BCG”, or Bio-Circular-Green economic activities focused on environmental protection and sustainability, according to data collected by the Thailand Board of Investment (BOI).

(more…)
Continue Reading

Investment

Thailand BOI new measures to boost post-Covid-19 investment

Thailand’s Board of Investment (BOI) approved a series of measures to accelerate investments and to encourage businesses to adopt digital technologies.

Avatar

Published

on

By

The Thailand Board of Investment (BOI) on Monday approved a series of measures to accelerate investments, particularly in target industries and to encourage business to adopt digital technologies.

(more…)
Continue Reading

Investment

Foreign Investors’ Confidence in Thailand Still High Despite Covid-19 Impact, BOI Survey Shows

Out of the 600 companies surveyed, 19.33% said they have plans to increase their investment in Thailand, while another 76.67% said they expect to maintain their current investment level.

Pr News

Published

on

By

Despite the COVID-19-induced economic hardship, as much as 96% of foreign direct investors operating in Thailand are confident in the country’s potential and have plans to expand or at least maintain their investment, citing attractive investment incentives, a strong supporting industry supply chain and the availability of raw materials and parts, according to the Thailand Board of Investment’s (BOI) annual Foreign Investor Confidence Survey.

(more…)
Continue Reading

Latest

Most Viewed

Subscribe via Email

Enter your email address to subscribe and receive notifications of new posts by email.

Join 13,609 other subscribers

Trending