Business

Finance minister assures Japan of Thailand’s ability to cope with rallies

Published

11 years ago

March 15, 2010

Finance Minister Korn Chatikavanij on Friday assured the Japanese government and private sector that the Thai government is in a position to cope with the planned mass rally by anti-government Red Shirt demonstrators over the weekend.

Speaking via the Telepresence System from Japan where he is leading a Thai delegation in a road show, he said top officials and private-sector executives had joined his trip to explain doubts by Japanese investors regarding economic conditions, ongoing rallies by Red Shirt protestors, and investment suspensions in the Map Ta Phut Industrial Estate.

via Finance minister assures Japan of Thailand’s ability to cope with rallies.

Business

Thailand Approves Latest Economic Relief Package for Businesses

Some 250 billion baht (US$8 billion) was allocated for soft loans while the remaining 100 billion baht (US$3.2 billion) will go towards an ‘asset warehousing’ program whereby debtors can use their assets as loan collateral but will have the right to redeem their assets under a specific time frame.

Published

1 week ago

April 7, 2021

ASEAN Briefing

On March 23, 2021, Thailand’s government approved its latest economic relief package, valued at 350 billion baht (US$11.2 billion), to support businesses in the country.

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Business

Thailand BOI approves Biotech Projects Worth 2.4 Bln Baht ($78 million)

The biotechnology sector is part of the so-called BCG model (Bio, Circular and Green economy) which the Thai government has set as a priority to lead the post-Covid 19 recovery.

Published

2 weeks ago

April 5, 2021

BOI

The Thailand Board of Investment (BOI) said today it has recently approved new projects in the field of advanced biotechnology, worth a combined 2.4 billion baht (around USD78 million) in investment, reflecting the increased interest of local and foreign investors in the country’s biotech sector.

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Business

Asia-Pacific sees 3.9% growth in deal activity in February 2021

Published

2 weeks ago

March 31, 2021

Boris Sullivan

Chair’s Statement on the Informal ASEAN Ministerial Meeting (IAMM)

The Asia-Pacific (APAC) region saw a 3.9% month-on-month growth in deal activity (mergers & acquisitions, private equity and venture financing deals) from 1,126 deals to 1,170 deals in February 2021, according to GlobalData, a leading data and analytics company.

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