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Thailand ready to clarify Map Ta Phut case to Japanese investors

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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.

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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.

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

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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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Asean

Indonesia’s Omnibus Law: Positive Investment List and the Liberalization of Business Sectors

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Indonesia’s Omnibus Law: The Positive Investment List and the Liberalization of Business Sectors

In the first of ASEAN Briefing’s Indonesia’s Omnibus Law series, we analyze Presidential Regulation 10 of 2021 (PR 10/2021) on business fields open to investment — also dubbed as the positive investment list. The regulation comes into effect on March 4, 2021.

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Investment

Foreigners’ Participation in Thai Listed Companies explained

Special vehicles have been created to facilitate foreign investors so that they are able to invest in Thai
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Similar to foreign business laws existing in most Asian countries, Thai laws have imposed restrictions on foreign ownership of Thai companies.

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