Publication of the Thailand Board of Investment
• Cover Story • News Bites • BOI Net Applications • Industry Focus • Thailand Becomes More Competitive • Thailand Plastics Development • BOI and KTCC Seminar • Thailand Prepares for AEC Company • Company Spotlight • Government to Improve Tourism Facilitation • Thailand Economy-At-A-Glance

PM in Italy and Switzerland During her recent visit to Europe, Prime Minister and Defense Minister Yingluck Shinawatra scheduled time to meet with business people during her visits to Switzerland and Italy from the 9th to the 14th of September 2013. Read more...

Industrial Focus: Food Industry Thailand should be referred as "the kitchen to the world" for the Kingdom is among the world's top five food exporters and a top exporter of rice, sugar, cassava, and canned pineapples. The country also is ranked among the top ten exporters of seafood, canned tuna, frozen shrimp and frozen chicken, with agricultural exports accounting for roughly 11% of total exports. Accordingly, with an escalating trend in food exports, the Government is set to transform Thailand into Asia's largest food trade and distribution center. The Ministry of Commerce aims to target new potential markets, particularly ASEAN, China, India, Russia and Africa. Read more...

Thailand Becomes More Competitive Thailand gains one place in this year's newly released World Economic Forum Global Competitiveness Report 2013-2014; ranked 37th of this year's 148 assessed economies. This is the second year in a row that Thailand has shown improvement, despite the challenges posed in the global economy. Read more...

Thailand Plastics Development The Plastics Institute of Thailand, in cooperation with The Office of Industrial Economics (OIE) under the Ministry of Industry, organized an industrial seminar from 4-5 September on "Thailand Plastics Industry Development". The purpose of seminar was to publicize the new Industrial Intelligence Unit (IIU), which comprises data from various industries such as automotive, textile & garments, food, E&E, and others. Read more...

BOI and KTCC Seminar The Thailand Board of Investment (BOI) and the Korean-Thai Chamber of Commerce (KTCC) organized a seminar on "What all executives need to know about BOI rights and privileges for Korean promoted companies" at the Montien Hotel, Pattaya, on the 12th of September 2013. The seminar provided tips for executives of BOI promoted companies and how to benefit from BOI privileges and services, especially concerning customs procedures as well as visas and work permits. Read more...

Thailand Prepares for AEC Company The ASEAN Economic Community, which is to be established in December 2015, creates a huge potential for the streamlined flow of labor, goods and services, and investment capital across the region. There also will be tariff reductions and reform of certain administrative procedures. Indeed, improved economies of scale and scope, heightened competition, higher productivity, and increased foreign direct investments - all of these modifications should stimulate greater growth, generate more intra-regional trade, encourage the emergence of robust and globally competitive ASEAN enterprises, and lead to more jobs for all. However, along with these opportunities there are also potential challenges that Thailand has to be aware of and address in order to fully exploit the possible benefits arising from the country's entry into the wider ASEAN market. Read more...

Spotlight: Cargill The Thailand Investment Review recently had the opportunity to pose a series of questions to Mr. Bruce Blakeman, vice president for corporate affairs in the Asia-Pacific region for Cargill, stationed in Singapore. Read more...

Government to Improve Tourism Facilitation Tourism remains a bright star within Thailand's economy earning 984 billion baht in revenue last year, with 22.35 million foreign arrivals. With the soon to be ASEAN Economic Community, the country is preparing to become a tourism hub within ASEAN that will further boost revenue. Read more...

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