Publication of the Thailand Board of Investment
Cover Story
News Bites
BOI Net Applications
Industry Focus
Company Interview
Women in Senior Management
Thai SMEs
Thailand's Prosperity
BOI's Missions
Thailand Economy-At-A-Glance

Thailand: Investors' Gateway to ASEAN
In the past couple of years, Japanese manufacturers and other domestic companies have been shifting their capital investments and operations from China to member states of the Association of Southeast Asian Nations (ASEAN), with the aim of developing new markets. Indeed, a new wave of Japanese investment is taking place in areas such as financial, retail, health, education and residential services. Actually, Japanese investment in Southeast Asia jumped 55% in the first six months of 2013 from the year before, to US$10.29 billion. A recent survey by the state-owned Japan Bank for International Cooperation (JBIC) found that 84% of responding companies planned to strengthen overseas operations within the next three years, compared with only 65.8% in 2009.

Industry Focus: Thailand's Expanding Bio-tech
As the Kingdom of Thailand surges up the ladder of economic development, the country naturally has moved away from an over-reliance upon labor-intensive industries to a more tech-savvy, knowledge-based economy. Indeed, over the past two decades, the biotechnology industry has been a dynamic engine in Thailand's push towards modernization, transforming the Kingdom into a high value-added economy. The country offers biotech investors a solid R&D and manufacturing infrastructure, and a skilled but affordable force of laboratory scientists, field technicians and facility support staff. Although still an embryonic industry with much room for growth, biotechnology is important to the future of the Kingdom, as each breakthrough enhances Thailand's global competitiveness today and for the years ahead.

Company Interview: BIOTEC: A Premier Research Institute
In order to gain an insider's perspective of the vision, mission, strategy and work of BIOTEC, the Thailand Investment Review newsletter team interviewed at length Dr. Kanyawim Kirtikara, Executive Director of the Center. A number of questions were posed that not only dealt with BIOTEC specifically, but also with the field of biotechnology in Thailand.

Women in Senior Management: Thailand Among Top 10
The Grant Thornton International Business Report 2014 Women in business: from classroom to boardroom has been released. The IBR has tracked proportion of women in senior management since 2004. This year's report notes the finding that that the proportion "has stagnated at 24% -the same as the result in 2012, 2009 and 2007."

Thai SMEs: Foodex Japan and More
In March 2014, The BOI Regional Investment and Economic Center 1 (Chiangmai) accompanied Thai SMEs and companies from the food and food related industries from the northern and north eastern part of Thailand to the 39th International Food and Beverage Exhibition, or FOODEX JAPAN 2014, at the Makuhari Messe.

Thailand's Prosperity
The 2013 Legatum Prosperity Index, an annual ranking of 142 countries by the Legatum Institute, has been released with Norway topping the Index which measures such factors as wealth, economic growth and quality of life. "Traditionally, a nation's prosperity has been based solely on macroeconomic indicators such as a country's income, represented either by GDP or by average income per person (GDP per capita). However, most people would agree that prosperity is more than just the accumulation of material wealth, it is also the joy of everyday life and the prospect of being able to build an even better life in the future. The Prosperity Index is distinctive in that it is the only global measurement of prosperity based on both income and wellbeing."

BOI's Missions
Ms. Chitra Kulvanich, Executive Director of the General Administration Bureau, together with the BOI Mumbai Office, and the Confederation of Indian Industry, organized an interactive session with Indian investors in Panaji Goa, India, on 26 February 2014.

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