Economy and commerce
Investment
Budget amendment tipped to rev up disbursement
The amended Budgetary Procedure Act, which stipulates that the budget of any investment project for which contracts are not signed by the end of the fiscal year will be cancelled automatically, is meant to prompt state agencies to accelerate investment. Keep reading ...
Wichit Chantanusornsiri
Mitsubishi Fuso to build new plant in EEC
MITSUBISHI Fuso Truck and Bus Corporation (MFTBC), a unit of Daimler Trucks, yesterday announced the construction of a new assembly plant in the Eastern Economic Corridor (EEC).The company will invest 12 million euro (Bt450 million) in a complete knock-down (CKD) assembly plant in Rayong province, ...
Wichit Chaitrong
Growing interest from China in Thailand’s EEC
There has been a steady stream of Chinese delegations coming to Thailand to look at business opportunities, particularly in the Eastern Economic Corridor (EEC).Most recently a group of high-ranking Chinese officials and executives met with Thai counterparts at the 6th meeting of the Joint Committee ...
Suwatchai Songwanich
Japanese investors keen to join with Chinese on EEC projects, minister says
Japan plans to team up with China to invest in Thailand’s infrastructure projects, targeting the Eastern Economic Corridor (EEC), said Transport Minister Arkhom Termpittayapaisith.The move came after the recent signing of a memorandum of understanding on private-sector economic cooperation in third-world countries between China and ...
The Nation Reporter
Myanmar opening its doors wider
Revised investment laws in Myanmar have been welcomed as offering greater opportunities for Thai companies of all sizes to move into wholesale and retail businesses across the border.Pakainay Leng-ee, minister counsellor at the Thai embassy’s office of commercial affairs in Yangon, yesterday said Thai companies ...
Wichit Chaitrong
MoU slate to bring Chinese into EEC
The government will sign 17 memorandums of understanding (MoUs) with Chinese counterparts, expecting to capture new trade and investment for the flagship Eastern Economic Corridor (EEC) scheme. Keep reading ...
Lamonphet Apisitniran
Japanese waiting on EEC calendar
Japanese investment in Thailand is expected to become more vibrant after the timeline of the government’s much-touted Eastern Economic Corridor (EEC) is clarified, says Kalin Sarasin, chairman of the Thai Chamber of Commerce. Keep reading ...
Phusadee Arunmas
BOI finding new incentives to attract foreign investments
The Thailand Board of Investment (BOI) will come up with new incentives to draw foreign investments into the Eastern Economic Corridor (EEC) and other areas of the country.Keep seeing ...
BoI's 6-point approach to Japan
The Board of Investment (BoI) has been instructed to rev up efforts to attract Japanese investment, with a focus on six categories: automobiles; robotics; machinery; medical devices; food, agriculture and biotechnology; and aerospace. Keep reading ...
Chatrudee Theparat
Ageing society spells promise for investors in retirement housing
Private investment in retirement homes is on the rise in Thailand, with Thonburi Healthcare Group among those companies eyeing the market potential amid an ageing society.Keep reading ...
Wichit Chaitrong
