Investment
Thailand ready to clarify Map Ta Phut case to Japanese investors
Prime Minister Abhisit Vejjajiva on Friday asserted that the government is ready to explain to Japanese businesspersons its measures to resolve the Map Ta Phut Industrial Estate environmental regulations problem and progress it has made in the case.
His assertion came after Japanese Ambassador to Thailand Kyoji Komachi stated the Japanese business community is concerned about the case and wants the government to clarify its measures to address the problem.
Mr Abhisit said Industry Minister Charnchai Chairungrueng will invite the Japan External Trade Organization (JETRO)’s executives to discuss the matter.
“The government is willing to give Japanese investors an explanation about its efforts to cope with the Map Ta Phut problem. The issue is quite complicated. A thorough understanding of the working process is needed because it is very technical.
via MCOT English News : Government ready to clarify Map Ta Phut case to Japanese investors.
Environment
Asian cities most threatened by environmental risk
According to the first instalment of Cities@Risk series, which ranks the world’s 576 largest urban centres on their exposure to a range of environmental and climate-related threats, 99 of the world’s 100 riskiest cities are in Asia, including 37 in China and 43 in India.
Companies operating and investing in Asian cities are going to face an increasingly stiff test to their resilience.
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Investment
Thailand Q1 Investment Applications Soar 80% as FDI More Than Double says BOI
The top three source countries of FDI applications during the first quarter were South Korea, China, and Singapore, with similar levels of investment. Korean investment soared due to a large-scale joint venture in the medical sector, Ms Duangjai said.
The Thailand Board of Investment (BOI) said today that in the first quarter of 2021, investment applications rose 80% from the year earlier period to a total value of 123.4 billion baht (USD3.9 billion), led by projects in the medical and electric and electronics (E&E) sectors, as foreign direct investment (FDI) applications more than doubled.
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