Thailand's Cabinet recently introduced updates to the qualifications, criteria, and conditions of the Long-Term Resident (LTR) Visa programme, aiming to attract a broader range of experts, investors, and executives to strengthen the country's foreign talent pool.
Thailand posted record investment figures for 2024, with applications exceeding 1.13 trillion THB (32.5 billion USD), the highest in the past decade, according to the country’s Board of Investment (BOI).
Thailand’s Board of Investment (BoI) is speeding up a plan to promote investment in data centres and cloud services in the country in line with global trends and the government’s policy to support digital technology.
Thailand has approved investment applications worth a combined 41 billion THB (1.1 billion USD) in projects including the manufacturing of electric vehicles (EV), the generation of renewable energy from waste, data centres, and travel and tourism infrastructure and equipment.
Investment applications in Thailand in the first half of this year rose 158 percent from a year earlier to 386 billion THB (11.5 billion USD), led by the electronics and medical sectors.
Thailand’s Board of Investment (BoI) recently approved five large-scale projects with a total investment value of 41.83 billion THB (1.34 billion USD) in an effort to reactivate economic drivers after the country began easing lockdown measures.
To cope with the adverse impact of COVID-19 on foreign investment, Thai Deputy Prime Minister Dr. Somkid Jatusripitak, has assigned the Board of Investment (BOI) to fine-tune its work by highlighting the strengths of the country to attract more foreign investors.
As Thailand begins to gradually ease coronavirus-related restrictions, the government is looking to cement the country's position as an advanced medical hub in Asia.
Thailand’s government has announced plans to transform the country into an electric vehicle and motorcycle hub of ASEAN within five years via state measures to boost demand, local media said on March 12.
Chinese investment applications in Thailand surpassed those made by Japanese companies for the first time in 2019, standing at 262 billion baht (8.66 billion USD), the Board of Investment (BoI) has announced.
The Thai Government has ordered the Board of Investment (BoI) to devise a relocation package for foreign investors wishing to shift from China to Thailand as a result of the US-China trade dispute.
The Thai government has ordered the Board of Investment (BoI) to actively attract foreign investors who plan to move out of China, especially Japanese ones hit by the US – China trade war.
