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

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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.

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Business

Thailand aims to push its games and content industry

After almost a year under the pandemic, the number of game players in Thailand rose to 32 million and helped the market generate over a billion dollars in 2020, according to NewZoo, an international analytics and market research group.

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Currently, key digital organizations involved in the economy are joining forces to push the Thai gaming industry, so as to attain the level of a regional hub.

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Investment

Thailand’s H1 Investment Applications rise 158% in combined value, BOI says

Japanese firms ranked first with 87 projects worth 42.8 billion baht, followed by investments from the U.S. with 18 projects worth 24.1 billion baht, and China with 63 projects worth 18.6 billion baht.

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In the first six months of 2021, Thailand’s investment applications increased 14% from the year earlier period in terms of the number of projects, and 158% in combined value, led by increasing foreign direct investment (FDI) applications, sustained growth in target industries including the electronics and medical sectors, as well as in power generation, the Thailand Board of Investment (BOI) said.

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