Search Results for: foreign investment

  • Business News

    Political risks threaten foreign investment in Thailand

    Siam Commercial Bank (SCB) EIC Research Centre warns that heightened political risks are casting a shadow over foreign investment in Thailand’s financial, capital, and long-term direct investment markets EIC Chief Economist Somprawin Manprasert warned that various political risks and uncertainties could significantly impact foreign investor confidence and lead to substantial capital outflows from offshore investors in the Thai equity market.…

  • Pattaya News

    Thailand sees surge in foreign investment in Q1

    Thailand has seen a recent surge in foreign investment, according to recent statistics from the Thai Ministry of Commerce. Government spokesperson Chai Watcharong yesterday, April 25, unveiled these numbers, highlighting a significant upsurge in foreign investment within the first quarter of 2024. A staggering total of more than 35 billion baht has been funnelled into the Thai economy by foreign investors,…

  • Business News

    Thai economy struggles post-election, foreign investment declines

    Thailand’s economy continues to struggle despite the first General Election since 2019, which was anticipated to stimulate growth and attract foreign investors. Instead, the nation has seen its benchmark stock index decline for the fifth quarter consecutively, foreign investment is waning, and the baht is showing the second-worst performance amongst Asian currencies. According to Narongsak Plodmechai, CEO of SCB Asset…

  • Business News

    Thailand forecasts 558 billion baht foreign investment in key sectors

    Following a series of global roadshows led by Prime Minister Srettha Thavisin, the Board of Investment (BoI) anticipates a surge of at least 558 billion baht (US$15 billion) in foreign investment inflows into Thailand. The funds are expected to be channelled primarily into four critical sectors – digital, electric vehicles (EVs) and components, electronics and semiconductors, and logistics. BoI’s Secretary-General,…

  • Thailand News

    EEC ID system set to transform foreign investment landscape

    The Eastern Economic Corridor Office (EECO) unveiled plans for the introduction of the EEC ID system by September’s end. This innovative system, aimed at streamlining administrative processes for foreign investors and workers across the 35 promoted zones in Chachoengsao, Chon Buri, and Rayong provinces, promises to be a game-changer. Korkij Danchaivichit, EECO Deputy Secretary-General, projects a substantial uptake, with an…

  • Business News

    Thailand’s Land Bridge project eyed as foreign investment magnet

    The Land Bridge project in southern Thailand, a proposal yet to be approved, is being highlighted as a potential boon for foreign investments, akin to the successful Eastern Economic Corridor (EEC). This comparison is drawn by the current government. The EEC, unlike the proposed Land Bridge, is operational and continues to develop, acting as a high-tech industrial hub drawing investments.…

  • Business News

    Record-breaking business registrations and foreign investment in Thailand

    Business registrations in Thailand soared to an all-time high in the previous year, exceeding 85,000, a figure not seen in the last decade. These registrations represented a total registered capital of 560 billion baht (US$15 billion). Foreign investment also saw a significant rise, hitting 130 billion baht (US$3.6 billion) in 2023, with Japan leading the investment pool. Projections for the…

  • Business News

    SET foresees market recovery with return of foreign investment

    The Stock Exchange of Thailand (SET) anticipates a recovery in return on investment this year, mirroring trends in regional markets due to an influx of foreign capital since 2023’s final quarter. Last year, foreign investors sold off Thai stocks amounting to US$5.51 billion, contrasting with 2022’s net purchase of US$5.96 billion. Nevertheless, foreign long-term investors held steady, owning around 30%…

  • Business News

    Thailand’s SET index forecasted to rise due to return of foreign investments

    Asia Plus Securities (ASPS) forecasted a potential rise in the Stock Exchange of Thailand (SET) index to the 1,500-point level by year’s end, up from approximately 1,380 points last month. This optimistic prediction stems from the expected return on foreign investments and the impact of the recently approved Thailand ESG Fund (TESG) on trading. ASPS anticipates the index to climb…

  • Business News

    Thai economy in crisis: Government seeks foreign investment and tackles debt

    The economy in Thailand is in crisis and needs some significant stimulation, according to the nation’s Prime Minister Srettha Thavisin, who also acts as the Thai Finance Minister. The nation’s reliance on tourism has been heavily impacted by lower-than-expected foreign arrivals, resulting in a need to prioritise foreign investment and tackle household debt. The 61 year old prime minister made…

  • Business News

    Prime Minister announces initiatives to attract foreign investment in EEC

    Prime Minister Srettha Thavisin unveiled a strategic plan during a mobile meeting aboard special train No 995 aimed at intensifying efforts to allure foreign investment into the Eastern Economic Corridor (EEC). Departing from Bangkok Station in Hua Lumphong and heading to Laem Chabang Station in Chon Buri’s Sri Racha district, the prime minister took the opportunity to assess and survey…

  • Thailand News

    Economic reformation in action: Thailand open for foreign investments amid polycrisis

    Prime Minister Srettha Thavisin declared Thailand’s openness to foreign investments and readiness to collaborate with the private sector for an economic reformation to create an inclusive and sustainable future. Speaking on Wednesday at the Foreign Industrial Club Gala Dinner, the Thai PM’s speech, titled Reformation of Thai Economy Amidst Polycrisis, was summarised by government spokesperson Chai Wacharonke. The 61 year…

  • Business News

    Thailand’s ‘plastic’ ambition: Industry Ministry seeks foreign investment to mould bioplastics hub status by 2027

    The Industry Ministry of Thailand is being urged to devise innovative strategies in order to attract foreign investment for the nation’s burgeoning bioplastics sector. The ultimate aim is to establish Thailand as a bio hub within the ASEAN region by 2027. Viboon Pungprasert, president of the Thai Bioplastics Industry Association (TBIA), has called upon the new government to implement measures…

  • Business News

    Thailand sees 17% boost in foreign investment, hitting 58.9 billion baht in 7 months

    Thailand saw a 17% increase in foreign investment, reaching 58.9 billion baht in the first seven months of this year. The announcement was made yesterday by Rachada Dhnadirek, the deputy government spokeswoman. Investors from Japan played a major role, with 94 groups contributing 19.89 billion baht. The United States followed with 67 entities investing 3 billion baht. Singapore had 61…

  • Economy News

    Foreign investments bolster Thai economy with 58.9 billion baht boost

    From January through July of this year, Thailand welcomed a foreign investment sum of 58.9 billion baht. A notable chunk of this influx originated from Japan, whose companies lavished the largest amount of capital on developing their businesses within Thai borders. Estimates suggest that the Japanese investors led the pack with a total outlay of 19.9 billion baht. They were…

  • Business News

    Thailand’s real estate sector eyes foreign investment boost

    With an eye on boosting the economy, real estate developers and consultants are urging Thailand‘s new government to implement policies that promote foreign investment. They believe such measures will stimulate a more positive environment for overseas buyers in the property market, suggesting promotional efforts to increase awareness among foreign investors. Artitaya Kasemlawan, head of residential sales projects at CBRE Thailand,…

  • Visa Information

    Work permit programme for Elite cardholders launched to draw in foreign investment

    A work permit programme aimed at attracting rich foreigners and drawing in foreign investment has been launched by the Thailand Privilege Card company, which operates the Elite Card scheme. Cardholders who are eligible for the new Flexible Plus Programme must make an investment of US$1 million, which is around 30 million baht. Under the new programme, cardholders with a membership…

  • Thailand video news

    Thailand News Today | High alert for Omicron, Foreign investment troubles for Thailand | Dec 2

    In today’s program, An analyst says Thailand’s absence from the Summit for Democracy could cause it to lose foreign investment. The country is now on high alert for Omicron, and this year’s ranking of best places to live in Southeast Asia is out. We’ll find out where Bangkok ranks.

  • Thailand News

    Thailand’s exclusion from US Summit for Democracy could impact foreign investment

    The exclusion of Thailand from the US’s virtual Summit for Democracy could cause Thailand to lose foreign investment. More than 100 democratic nations were invited to the event hosted by US President Joe Biden while Thailand sits on the sidelines with other nations including Vietnam, Laos, China, and Russia. The summit focuses on three key themes: Defending against authoritarianism, addressing…

  • Visa Information

    Cabinet approves long-stay visa regulations as Thailand seeks more foreign investment

    As Thailand prepares to re-open without quarantine to select vaccinated tourists, 2 draft regulations related to long-stay visas have been approved in principle. According to a Bangkok Post report, the long-stay visa programme aims to attract 300 billion baht in foreign investment as the government tries to kick-start the economy. Spokesperson Traisuree Taisaranakul says the Interior Ministry issued the draft…

  • Business News

    Foreign investment applications rise 69% in first nine months

    PHOTO: Bloomberg Thailand continues attracting foreign direct investment, with applications rising 69% in the first nine months of 2019, according the Board of Investment (BOI). Applications in the electronics and electrical sector, and the digital and automotive sectors, represented 131.78 billion baht, or 65% of the total. The value of applications, up to September this year, was 203.37 billion baht,…

  • Business News

    TMB – strong baht hits foreign investment funds

    TMB Bank are reporting that the strong baht has cut the value of the foreign investment fund under fund management, falling by 27 billion baht from 1.2 trillion baht at the start of the year. TMB said the drop reduced the fund’s return by 0.47%. The least impacted funds are those covering oil investment, gold, and property funds, at 0.53%,…

  • Property

    Shanghai Property Expo to showcase foreign investments

    PHUKET: If you are looking to buy, sell or rent a property, then make a note on your schedule to visit the 2014 Shanghai Real Estate Expo from December 8-10, and check out the hundreds of properties on offer, all under one roof. The three-day free exhibition, which takes place in Shanghai’s financial district, will feature leading overseas developers, real…

  • Business News

    Opinion: Thailand’s choice – standing at a crossroads over foreign investment

    Mark Kent has been British ambassador to Thailand since August 2012. Prior to that he spent a year learning Thai at universities and language schools in Bangkok, Chiang Mai and Khon Kaen. He is also an alumnus of the King Prajadhiphok’s Institute course in Politics and Governance. Mark comes from Lincolnshire. He has a degree in Law from the University…

  • Business News

    SET unveils plan to boost foreign and family business investments

    The Stock Exchange of Thailand (SET) unveiled a strategic business plan targeting foreign industries operating in Thailand and family businesses, aiming to boost market capitalisation. SET executives highlighted the shift in investment trends, particularly post-pandemic, with technology stocks rising as traditional businesses adapt to the digital age. SET officials noted that the Thai market has faced trust and confidence issues…

  • Business News

    Foreign business as usual: Thailand schools diplomats on investment

    The Department of Business Development in Thailand hosted a briefing for diplomats and international organisation representatives to clarify the Foreign Business Act (FBA) of 1999. The objective was to educate foreign investors on the law to ensure compliance and proper investment practices in Thailand. The Director-General of the Department, Auramon Supthaweethum, stated that the meeting aimed to help foreign investors…

  • Business News

    Thailand’s BoI plans more foreign semiconductor investment

    The Board of Investment (BoI) of Thailand has expressed an interest in attracting further foreign investment for the production of advanced semiconductors this year. This move comes as numerous businesses from China and Taiwan are looking to expand their investments in Thailand, particularly for printed circuit boards, to circumvent geopolitical risk, said Wirat Tatsaringkansakul, the BoI Deputy Secretary-General. “Companies will…

  • Business News

    Thailand’s foreign direct investment skyrockets with focus on EV industry

    Investment attraction to Thailand has seen a remarkable surge in the first half of this year. The nation registered a 70% year-on-year increase to an impressive 364 billion baht, according to the Board of Investment (BoI). This boost, particularly contributed by an astonishing 141% soar in foreign direct investment, serves as a testament to Thailand’s status as a preferred manufacturing…

  • Business News

    Thailand investment value surges 77% with South Korea as top foreign investor

    Investment in Thailand experienced a significant surge in the first quarter of the year, with a 77% year-on-year increase to 185.7 billion baht, primarily driven by 397 project proposals. The Board of Investment (BoI) revealed that South Korea emerged as the leading foreign investor during this period. Foreign investment constituted 155.2 billion baht of the total investment, marking a 115%…

  • Sponsored

    Marketing in Thailand as a Foreigner: Volume #2.2 Ad Campaign Crossroad: Global Materials vs. The New Investment

    Sometimes, It’s Okay to Wear Socks and Sandals Foreign marketers sometimes need to be bold enough to wear socks and sandals in a tropical country like Thailand to stand out. If you wonder why: READ HERE. I have no space for rewriting all this; otherwise, you would think this article is too long, but it is already long enough that…