Thailand wins back foreign investors’ confidence
The number of investment projects seeking promotion from the Board of
Investment (BoI) was growing over the past three months as a sign of
improved confidence among investors, a BoI official was quoted by Thai
media.
The number of investment projects seeking promotion from the Board of
Investment (BoI) was growing over the past three months as a sign of
improved confidence among investors, a BoI official was quoted by Thai
media.
BoI Secretary General Udom Wongviwatchai said 147 investment projects sought BoI privileges in July, the highest number in the first seven months of this year.
In the first seven months, 770 projects worth 372 billion baht applied for BoI privileges. They involved metal products, machines and transport equipment, service and public utility, chemical products, paper, plastic and farm products.
During the time, the country had 447 foreign direct investment (FDI) projects with a combined investment value of 261 billion baht, Udom said.
Japan remains the largest foreign investor, with 220 projects totalling 89.9 billion baht. The Republic of Korea proposed 27 projects, while Americans had 16 projects and Europeans 70 projects.-VNA
BoI Secretary General Udom Wongviwatchai said 147 investment projects sought BoI privileges in July, the highest number in the first seven months of this year.
In the first seven months, 770 projects worth 372 billion baht applied for BoI privileges. They involved metal products, machines and transport equipment, service and public utility, chemical products, paper, plastic and farm products.
During the time, the country had 447 foreign direct investment (FDI) projects with a combined investment value of 261 billion baht, Udom said.
Japan remains the largest foreign investor, with 220 projects totalling 89.9 billion baht. The Republic of Korea proposed 27 projects, while Americans had 16 projects and Europeans 70 projects.-VNA
You should also see
Vietnam, China promote judicial cooperation
Minister of Justice Le Thanh Long held talks with his visiting Chinese counterpart He Rong in Hanoi on April 19 to discuss measures to promote judicial cooperation between the two countries.
See more
World
Thailand gives financial support to Laos for road maintenance
The Thai cabinet has approved 1.8 billion THB (about 48.8 million USD) in financial assistance for the Lao Government to maintain and improve Highway R12, shortening the travel time from Thailand’s Nakhon Phanom province, through Laos, to the Vietnamese border in central Quang Binh province.
World
Indonesia develops sustainable tourism
Indonesia has been working to realise its goal of building a quality, sustainable and environmentally friendly tourism industry.
World
Vietnam to have many opportunities from digitalisation, green transformation: IMF
The International Monetary Fund (IMF) has forecasted that Vietnam will have many opportunities from digitalisation and green transformation, according to IMF Asia and Pacific Department Director Krishna Srinivasan.
World
Thailand’s EV sales forecast to miss target
Electric vehicle (EV) sales in Thailand may fail to reach the estimate of 130,000 units this year as prices are likely to keep changing, according to Hyundai Mobility Thailand.
World
Thailand, EU hope to sign FTA in mid-2025
Before the Songkran holiday, senior officials from Thailand and the European Union (EU) met in Bangkok to discuss ways to promote their relationship, including the framework of the Free Trade Agreement (FTA), green transformation, and Schengen visa waiver, Thai media has reported.
