Bangkok (VNA) 🥃– The Thai Board of Investment (BoI)on February 14 unveiled its strategies to attract foreign investors over thenext three to five years.
BoI Secretary-General Narit Therdsteerasukdi said theboard's strategies are in line with the country's long-term socio-economicdevelopment plans and they support manufacturing and industrial sectors so thatlocal and foreign companies can develop the foundation for their growth inThailand. Under the new strategies, BoI plans to focus more on promotingthe bio-circular-green economic model, electric vehicles, and digital andcreative businesses. Bangkok will play a key role in convincing foreign investmentand global companies to set up regional hubs thanks to its advantage ofelectric trains serving all areas of the city and its vicinity, includingairports and ports. According to Narit, countries and businesses looking to drawinvestment are facing challenges, including carbon dioxide emissions, geopoliticalconflicts, shortages of raw materials, technological disruption, epidemics, andan ageing population. However, Thailand has advantages as it is located in the centreof Southeast Asia, not largely affected by the US-China trade war. The country has fewer conflicts with other nations, and possesses aflexible supply chain, said Narit. He added that Thailand also proved its ability to handle criseslike the pandemic and supply renewable energy. Businesses should follow new investment trends such asdiversification, green investments, and smart manufacturing, he said, addingthat foreign direct investors tend to consider factors such as availability ofinfrastructure and logistics, qualified personnel, regulations favourable tothe business sector, supporting industrial bases, reasonable costs andgovernment benefits. He said the private sector and government agencies shouldintroduce measures such as reskilling and upskilling their workforces, raisingthe level of Thai industry to a smart and sustainable basis, and strengtheningand creating business opportunities for small and medium-sized enterprises(SMEs) and startups. Meanwhile, large companies should be encouraged to play agreater role in three areas of human development, SME development, andcommunity development./.
Thailand’s economy could grow faster than forecast this year as a revival in tourism quickens, while the pace of monetary tightening to stave off inflationary pressures remained reasonable, according to Thai Finance Minister Arkhom Termpittayapaisith.
The Securities and Exchange Commission of Thailand (SEC) on February 14 said that the Stock Exchange of Thailand (SET) performed strongly in January 2023 with companies continuing to mobilise fund through the bourse in various forms to expand their business.
Thailand's Commerce Ministry is scheduled to organise about 450 activities to stimulate exports this year, focusing mainly on four potential markets namely the Middle East, South Asia, China, and the CLMV (Cambodia, Laos, Myanmar and Vietnam), a senior official has said.
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Several ASEAN meetings are scheduled to take place in Port Dickson this September, including the Senior Officials' Meeting (SOM) for ASEAN Plus Three (APT), the East Asia Summit (EAS), the 15th ASEAN Maritime Forum, and the 13th Expanded ASEAN Maritime Forum.
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.
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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.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
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.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
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.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
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.