Connect with us
The clever new way to send money abroad

Investment

Japanese investment in Thailand unaffected

The recent unforgiving quake and tsunami in Japan will not affect Japanese investment in Thailand worth totally 700 billion baht during the past five years, according to the Japan Extent Trade Organization (JETRO).

Published

on

The recent unforgiving quake and tsunami in Japan will not affect Japanese investment in Thailand worth totally 700 billion baht during the past five years, according to the Japan Extent Trade Organization (JETRO).

After discussing with JETRO representatives, Federation of Thai Industries (FTI) Chairperson Payungsak Chartsutipol said JETRO confirmed that Japanese investment in Thailand would not get affected as most of it is a long-term plan. He believed Japan would continue to be a giant investor in the Thai market.

 

The chairperson added that JETRO expressed confidence that the strong spirit of Japanese people would enable them to go through this crisis.

The powerful tsunami devastated the northern part of Japan after an 8.9-magnitude quake rocked the country on 11 March 2011. At least 1,000 people are presumed dead.

Mr Payungsak added that Thai business people should discuss and show their willingness to assist Japanese people in some ways such as collecting donations although Japan had not requested anything from the Thai side so far.

via JETRO: Quake not affecting Japanese investment in Thailand : National News Bureau of Thailand.

Click to comment

Leave a Reply

Investment

Thailand BOI Approves Measures to Promote Industry 4.0 Transformation

The measures approved include a 3-year corporate income tax exemption covering 100% of the investment into the Industry 4.0 upgrade.

Published

on

The Thailand Board of Investment (BOI) at a meeting today approved incentives to encourage companies to speed up Industry 4.0 transformation, and reported that total investment applications for the nine months to September 30 amounted to 520.7 bil-lion baht (USD15 billion), already higher than for the whole of last year.

(more…)
Continue Reading

Companies

Thailand BOI Approves Measures to Support Carbon Reduction

greenhouse gas emission as well as an enhanced scheme for electric vehicles and measures to mitigate Covid-19 impacts and support local vaccine development

Published

on

logomain

The Thailand Board of Investment (BOI) approved incentives to encourage companies to reduce greenhouse gas emission as well as an enhanced scheme for electric vehicles and measures to mitigate Covid-19 impacts and support local vaccine development, Ms Duangjai Asawachintachit, Secretary General of the BOI, announced today.

(more…)
Continue Reading

Most Read

Recent