BOI

New Thai-Korean trade and investment opportunities shine

Thailand and South Korea are working closely to increase bilateral trade and investment. While Thailand is moving along the path to achieve its Thailand 4.0 model, tremendous opportunities are available, which match well with South Korea’s intention to expand investment in Southeast...

BOI approves incentive scheme for “Smart City” and high quality housing for laborers

The Thailand Board of Investment (BOI) has approved investment incentive schemes for “Smart City,” an initiative that will employ advanced IT systems and innovations to improve quality of life. The board has also agreed to promote high standard housing for laborers to upgrade their quality of...

Thai economy sees upbeat signs in first quarter

Thailand’s economy saw upbeat signs in the first quarter of this year with export turnover surpassing US$62.8 billion, up 11.3 percent year-on-year. According to the latest statistics released by the Thai Commerce Ministry, the country’s exports fetched over US$22.36 billion in March, an...

Thailand Offers Food Innovators Ingredients To Thrive

BANGKOK: Thailand’s food industry is poised to seize an even greater global market share in 2018 on multiple fronts including agricultural production, food innovation, and halal foods — and many of the industry’s most powerful global companies are already taking note.   The only...

Airport rail ToR to lure foreigners

The private sector has proposed terms of reference (ToR) that permit foreign investors to hold more than a 50% share in the 224.54-billion-baht high-speed railway linking the three main airports in a bid to boost management efficiency. The three airports are Don Mueang, Suvarnabhumi and...

Investors say consistent policy, infrastructure and skilled labor are crucial to economic transformation

Foreign investors in targeted industries have suggested that consistent investment policies, good infrastructure and capable human resources were the key driving forces for Thailand to maintain its competitive advantages and to succeed in its plan to transform its economy.   At a recent...

Thailand in the fast lane towards an advanced economy driven by mega projects, EEC and digital development, Thai Deputy Prime Minister says

Thai Deputy Prime Minister Somkid Jatusripitak led economic ministers in announcing the government’s commitment to transform Thailand’s economy into an engine of Southeast Asia’s economic growth through three strategies -- investments in megaprojects, the development of the Eastern Economic...

Thailand and Japan strengthen investment ties at recent investment roadshow in Fukuoka

Thailand and Japan have had close diplomatic relations for 130 years. The two countries are good partners in many ways, especially trade and investment. The Thailand Board of Investment (BOI) took the country’s relations with Japanese investors to another level during the recent investment...

Jetro survey gives thumbs up to confidence in Thailand

JAPANESE business confidence in Thailand more than doubled in the latter half of last year, reflecting their confidence in the Kingdom, according to a recent survey by Japan External Trade Organisation (Jetro). After recent discussions with the president of Jetro Bangkok Hiroki Mitsumata,...

BOI meet with foreign chambers of commerce in Thailand, to join forces in enhancing business environment

The Thailand Board of Investment (BOI), Dr. Korbsak Pootrakool, Minister Attached to the Office of the Prime Minister and representatives from several government agencies met with 60 delegates of foreign chambers of commerce in Thailand from over 30 countries to discuss the country’s investment...