Business
Map Ta Phut has soured Japanese investors
Thailand is no longer the most attractive Asian destination for Japanese investors, thanks to the Map Ta Phut fiasco, Munenori Yamada, president of the Japan External Trade Organisation’s Bangkok office, said yesterday.

Thailand is no longer the most attractive Asian destination for Japanese investors, thanks to the Map Ta Phut fiasco, Munenori Yamada, president of the Japan External Trade Organisation’s Bangkok office, said yesterday.
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Map Ta Phut has ‘soured Japanese investors’
Volumes of untreated domestic sewage, industrial wastewater and solid hazardous wastes have risen dramatically in recent years. The result is that roughly one third of Thailand’s surface water bodies are considered to be of poor quality. Clearly Thailand needs to focus on more effective enforcement of environmental laws; stronger institutional capacity, both national and local; and increased investments in pollution prevention and control, with private sector participation.
Implementation of Reforms in Thailand
Map Ta Phut has ‘soured Japanese investors’
A clear policy framework is needed, and the development direction set forth by the policy makers should be based on reliable information on the current status of infrastructure development. Systematic, periodic, and internationally-standard information collection within the infrastructure sector will provide Thai policy makers with good background with which to assess the current situation, identify bottlenecks, set clear policy direction, and prioritize projects more effectively .
Banking
Can the Subscription Economy Save Financial Services?
Going back to the pre-Covid “normal” is not an option for financial services. Fortunately, the rise of the subscription economy points towards frontiers of untapped growth for the sector.

As the world waits for mass vaccination to revive economic activity, general malaise has overtaken the financial services industry (FSI). And things will probably worsen before they get better: US banks are expected to suffer US$318 billion in net loan losses by the end of 2022, according to Deloitte.
(more…)Business
How Thailand could Use satellite tech to help farmers in crisis
Without effective global warming policies, the 3.5 million rice farming households in Thailand are bearing the brunt of the climate crisis

Ask any Thai rice farmer to describe government assistance when they are hit with natural disasters. Their answers will most likely be the same: Too little, too late.
(more…)Business
Thailand 2020 Investment Applications at Over 480 Billion Baht (USD16 billion)
The Thailand Board of Investment (BOI) said today that local and foreign investors had in 2020 filed a total of 1,717 applications for investment promotion, representing a combined investment value of 481.1 billion baht (USD16 billion)

The Thailand Board of Investment (BOI) said today that local and foreign investors had in 2020 filed a total of 1,717 applications for investment promotion, representing a combined investment value of 481.1 billion baht (USD16 billion), led by projects in the electric and electronics and the agriculture and food processing sectors, and a surge in the medical sector.
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