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 […]
Read MoreVAST 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 […]
Read MoreThailand’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 […]
Read MoreThe Laos-Thailand railway link is expected to begin operating a freight transport service in the next few months following the completion of a container yard at the Thanalaeng Railway Station in Laos in March. Lao authorities are working with their Thai counterparts to launch the freight service by October, a senior official of the Railway […]
Read MoreThe number of 7-Eleven convenience stores in Thailand has topped 10,000, achieving the milestone at a faster pace than in Japan, their local operator says. CP All Public Co, under Thai conglomerate Charoen Pokphand Group Co, says the number of 7-Eleven stores totalled 10,007 by the end of June. It took the Thai operator 28 […]
Read MoreThe cabinet yesterday approved the extension of the 7% value-added tax (VAT) rate for another year, saying a hike could derail the economic recovery. According to Kobsak Phutrakul, assistant minister to the Prime Minister’s Office, the extension will cost the government an estimated 232.6 billion baht in lost revenue from tax collection until Sept 30 […]
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