Publication of the Thailand Board of Investment
Cover Story
News Bites
BOI Net Applications
Industry Focus
The World Development Report 2013
NESDB Economic Outlook
Emerging Market Opportunity Index
New Tax Rates 2013
The Maplecroft 30
Thailand Economy-At-A-Glance

Thai-UK Investment Strong
Thailand’s Prime Minister Yingluck Shinawatra continued to promote the nation’s appeal as an investment location within Asia and as a gateway to ASEAN, as she travelled to the United Kingdom for an official visit from 13 to 14 November.
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Industry Focus: Automotive Electronics
Sophisticated electronic components are the next great phase of emphasis in Thailand’s robust automotive industry. As consumers demand increasingly smarter vehicles, the R&D and production activity in the country’s automotive electronics sector continues to expand, with unlimited high-tech investment opportunities.
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The World Development Report 2013
The World Development Report 2013 has been issued by the World Bank, placing emphasis on jobs and the creation of employment and its centrality to the development process.
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NESDB Economic Outlook
Thailand’s economy grew by 3.0% during the 3rd quarter says the National Economic and Social Development Board (NESDB) in its Economic Outlook, with a projection for full year growth of 5.5%. Growth was due to acceleration in private consumption and government expenditure, as well as private investment. On the production side “…the expansion was supported by the growth of non-manufacturing production, especially agricultural, construction, retail sales, and hotels and restaurants sectors which continue to achieve high growth.”
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Emerging Market Opportunity Index
Grant Thornton has issued its new emerging markets opportunity index, last produced in 2010. While the report states that much of the world is still coming to grips with the economic aftermath of the global recession, it also states that “Both growth and interest rates are low in developed economics, and many businesses in emerging markets are crying out for foreign direct investment that provides technology, process, skills and systems transfers.”
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New Tax Rates 2013
The Corporate Income Tax rate is set to drop to a low of 20 percent on the 1st of January 2013. This follows the reduction enacted last year from 30 percent to 23 percent for 2012.
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The Maplecroft 30
Among the 30 markets listed in the new Growth Markets Index (GMI) by Maplecroft, a global risk and strategic consulting firm, Thailand ranks 17th. The index identifies the 30 markets of a potential 175 countries that have the best growth prospects for business over the next twenty years.
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