Thailand’s Ministry of Finance has submitted to the Government several measures designed to turn the country into an international trade centre of the Association of Southeast Asian Nations (ASEAN) after the formation of the the ASEAN Community at the end of 2015.
The ministry estimated that the country, as an international trade centre, can earn 130 billion THB (3.96 billion USD) each year and generate about 17 billion THB (518 million USD) for the state budget.
One of the proposed measures is to create more incentives for international and domestic investors to build regional operations centres for financial management, international trade and research.
Currently, Singapore and Malaysia are the two leading countries in the sector, with 1,800 and 800 regional operations centres, respectively, while Thailand registers only about 120.-VNA
The ministry estimated that the country, as an international trade centre, can earn 130 billion THB (3.96 billion USD) each year and generate about 17 billion THB (518 million USD) for the state budget.
One of the proposed measures is to create more incentives for international and domestic investors to build regional operations centres for financial management, international trade and research.
Currently, Singapore and Malaysia are the two leading countries in the sector, with 1,800 and 800 regional operations centres, respectively, while Thailand registers only about 120.-VNA
