Thailand’s new reforms encourage stability and value-added production
Although it fell three places in the World Bank’s “Doing Business 2016” survey, Thailand retained its position within the world’s top 50 economies in terms of ease of doing business, ranking 49th of 189 countries.
Japan to spend US$7 billion to spur connectivity in Southeast Asia’s Mekong region
Japan’s foreign minister pledged 750 billion yen (US$7 billion) in funding over the next three years to support development and growth in the Southeast Asia’s Mekong region.
Thailand’s Board of Investment (BoI) admits that foreign investment is declining : foreign investment in the first 10 months of this year dropped by 10 per cent compared with the same period last year
Thai generals want more control on foreign businesses
Thailand’s military government is planning to amend the FBA (Foreign Business Act) to prevent foreign directors from controlling joint venture firms that are majority-owned by Thai shareholders.
Thailand to crack down on foreign business law violators
Thailand’s Ministry of Commerce has identified 22 violators of the Thai Foreign Business Act for holding more than half of the corporate shares when the law limits foreign ownership at a maximum 49 per cent.
BoI offers new tax breaks to boost investors’ confidence
The Minister of Industry, together with BOI and public sector, meet with the Joint Foreign Chambers of Commerce in Thailand (JFFCT) to discuss cooperation with an aim to boost investors’ confidence and investment environment.
