The Thailand Board of Investment (BOI) has announced that the combined value of foreign and local applications for investment promotion in 2021 totaled 642.7 billion baht (19.5 billion USD), up 59 percent annually, boosted mainly by FDI in Bio-Circular-Green (BCG) industries as well as the continued buildup of the power generation sector.
Bangkok (VNA)൲ - The Thailand Board ofInvestment (BOI) has announced that the combined value of foreign and localapplications for investment promotion in 2021 totaled 642.7 billion baht (19.5 billion USD), up 59 percent annually, boosted mainly by FDI inBio-Circular-Green (BCG) industries as well as the continued buildup of thepower generation sector.
Electricity and electronics once again toppedthe list of target sectors which attracted the most applications with 104.5 billion baht in value, reflecting a soaring demand forelectronics devices and parts, followed by the medical sector with 62.2 billion baht, petrochemicals and chemicals with 48.4 billion baht, agriculture and food processing with 47.7 billion baht, and automotive and parts with 24.6 billion baht. Overall, the 12 target sectors attracted acombined value of 340.5 billion baht, representing 53 percent of the total pledges. The fastest-growing sector was digital whichsaw the value of applications soar almost nine-fold to 14 billion baht in 2021, from a modest 1.61 billion baht a year earlier, said BOI Secretary General Duangjai Asawachintachit. Japan once again topped the list of FDI sourcecountries with a combined investment value of 80.7 billion baht for 178 projects, followed by China with 38.6 billion baht in investment pledges for 112 projects, and Singapore with 29.7 billion baht for 96 projects. The top three sectors forFDI applications were electrics and electronics, petrochemicals and chemicals,and the medical cluster./.
Thailand's Ministry of Tourism and Sports plans to continue travel bubble discussions with short-haul destinations following this week's resumption of the Test & Go scheme.
The Thai economy is likely to start recovering in the first half of this year thanks to the government's better control of COVID-19 infections, the state's economic stimulus measures as well as accelerated infrastructure development, Deputy Prime Minister Supattanapong Punmeechaow has said.
Border trade between Malaysia and Thailand increased 30.26 percent to 627.7 billion THB (more than 19 billion USD) last year following the reopening of all nine checkpoints along their shared borders, according to officials.
Thailand's Prime Minister Paetongtarn Shinawatra has ordered the urgent implementation of a national policy to crack down on all forms of call centre scams, online fraud, and illegal gambling, which are now considered threats to national security.
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.
Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
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Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
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The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
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This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.
Efforts to empower women must transcend dialogue and translate into concrete commitments, including corporate pledges and government partnerships, according to the spouse of Malaysian Prime Minister Anwar Ibrahim.
The forum featured two in-depth discussion sessions, engaging representatives from governments, think tanks, and businesses from both ASEAN and China, on how to forge closer ties for a common future.
The new FIFA Hub in Jakarta will not only support football development in Indonesia but also serve as a coordination centre for 21 football associations across Southeast and East Asia.
Minister Counselor Nguyen Hoang Nguyen reaffirmed Vietnam’s principled and consistent stance on the Palestine issue, calling for an immediate and lasting ceasefire across the entire Gaza Strip.
Illustrative image (Photo: Reuters) 
