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SCG deal boosts Vietnamese pitch

SIAM Cement Group (SCG) yesterday confirmed it will join with state enterprise PetroVietnam in a US$5.4 billion petrochemical project, just as the Vietnamese prime minister was inviting Thai investors to be strategic partners in his country’s liberalisation of the economy. In his keynote speech at the Vietnam-Thailand Economic Cooperation Forum, Nguyen Xuan Phuc said yesterday […]

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Thailand: Q2 GDP growth seen cooling despite export boost

Thailand’s economic growth is expected to have cooled slightly in the second quarter, as public and private investment slowed, offsetting some of the boost from stronger exports and tourism. Growth in Southeast Asia’s second-largest economy has lagged its regional peers since the army seized power in 2014 to end months of political unrest. The junta […]

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BOI sees Thai investment in Asean reaching $10 billion this year

Thais continue to invest “substantially” in other Southeast Asian countries, drawn by their faster economic growth and rising middle classes, a Board of Investment director said on Wednesday. Deputy secretary general  Chokedee Kaewsang made the observation at the Thailand Overseas Investment Forum jointly hosted by the BOI and Thailand Development Research Institute. Thai investment in the region […]

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Asean investments urged

VAST opportunities await Thai investors in neighbouring countries, experts said yesterday at a forum on overseas investment hosted by the Board of Investment (BOI) and the Thailand Development Research Institute (TDRI). But alongside the success stories heard at the Thailand Overseas Investment Forum, they also warned that high public debt and regulatory changes posed big […]

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Thailand: BoI tells Thai firms to look at expanding into Asean

Thailand’s Board of Investment (BoI) is encouraging Thai investors to invest more in several Asean countries to capitalise on growing demand at a time when labour costs in these countries remain low. Speaking at the “Thailand Overseas Investment Forum 2017” yesterday, BoI secretary-general Hiranya Suchinai said there were great opportunities for Thai businesses to expand […]

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