Publication of the Thailand Board of Investment
Cover Story
News Bites
BOI Net Applications
Industry Focus
BOI Updates
Thailand Sets The Standard
Thailand a Top Hub of Business, Leisure and Medical Travel
Company Spotlight
Thailand Economy-At-A-Glance

Vibrant Thai Automotive Industry
Thailand’s automotive industry is growing like gangbusters in 2012, with makers left and right shattering performance records. The country’s automobile production for January to June reached 1.06 million units, marking robust growth of 30.5% compared with the corresponding period of last year. Auto sales in the domestic market zoomed to a total of 606,523 vehicles in the first half, up a whopping 40.4 % y-o-y, with many car brands seeing 1H growth nearly double. Exports shot up by 14% to 456,869 units.
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Thai E&E Industry
With strong fundamentals and plenty of new investment, Thailand’s electrical appliances and electronics (E&E) industry is forging ahead in 2012. As capability expands to even greater heights, the country augments its status as a top global production hub.
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BOI Updates
Thailand Board of Investment (BOI) has extended the application period for its flood relief measure for replacement of damaged equipment or new investment until 31 December 2012. This will allow more than 150 companies in Pathum Thani and Ayutthaya the time to access this incentive. As of 30 June 2012, 490 projects received approval for import duty exemption for machinery replacement, with the total value of Bt108.65 billion.
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Thailand Sets The Standard
Thailand remains one of the world’s top investment destinations and continues to receive accolades and high rankings from a variety of international organizations and rating companies. Christine Lagarde, Managing Director of the IMF, has called the post-flood rebound in the Thai economy “a testament to the resilience of the Thai people.” The IMF also writes that “Thailand is one of the great development success stories. Due to smart economic policies it has become an upper middle income economy and is making progress towards meeting the Millennium Development Goals.” The Fiscal Policy Office, Ministry of Finance, forecasted Thailand’s economy to grow by 5.2% to 6.2% this year.
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Thailand a Top Hub of Business, Leisure and Medical Travel
Thailand continues to be celebrated as a world-class travel destination, whether for business, leisure or medical care. Offering excellent infrastructure, reliable full service and very affordable prices, the country is considered a prime location by travelers from Asia to the Middle East to the West.
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LG Electronics (Thailand)
“Life’s good.” That is the highly inspirational slogan of LG Electronics known around the world. It can also be said that Thailand has been very good for one of the conglomerate’s overseas production subsidiaries.
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