Publication of the Thailand Board of Investment
Cover Story
News Bites
BOI Net Applications
North East India Investment Cooperation
BOI Extends Certain Investment Policies
NESDB Q1 Performance and Outlook 2013
Alternative Energy
Global Consumer Confidence on the Rise
Jetro Surveys Service Industry
Framework for Thailand's Economic Stability 2013
2014 National Budget
Thailand Economy-At-A-Glance

Prime Minister at Nikkei Conference, Japan
Prime Minister Yingluck Shinawatra led a delegation to visit Japan on 22-25 May 2013, and took the opportunity to explain to the audience Thailand’s major investment plans and how both countries would benefit. She said that Japan is now the largest group of foreign investors in Thailand. Apart from the automotive industry, Thailand invites Japanese business people to invest more in energy development and agricultural processing in Thailand. The Prime Minister pointed out that Japan invested in the Laem Chabang deep-sea port on Thailand’s Eastern Seaboard 20 years ago and that it should place additional investment in the planned Dawei deep-sea port in Myanmar, as well. The Dawei deep-sea port will link with Laem Chabang and will also offer great business opportunities.
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North East India Investment Cooperation
The Asia-Pacific is a part of the world that continuously has experienced dynamic change and reinvention, particularly since the late 1980s. Indeed, the forces of globalization and regional integration have been at the forefront of this transformation. As such, national governments, companies and individuals search for both investment and business opportunities around the world that, in turn, create linkages between them and facilitate the establishment of a “global marketplace”. Thailand is a country that has reaped the benefits of and has been a proponent of greater economic connectivity both across the Asia-Pacific and beyond. Moving up the development ladder, the Kingdom finds itself confronted with a plethora of choices when it comes to launching and intensifying its trade and commercial relations. When looking at a map of Southeast Asia India is a logical choice, especially India's inviting North East.
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BOI Extends Certain Investment Policies
The Thailand Board of investment is in the process of revising its investment promotion policies, but in the meantime it has already revised several individual policies. These include extending the investment promotion measures for companies listed on the Stock Exchange of Thailand (SET) and the Market for Alternative Investment (MAI). These measures had expired on 31 December 2012, but have now been extended until December 31, 2013.
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NESDB Q1 Performance and Outlook 2013
The National Economic and Social Development Board of Thailand has released its quarterly economic outlook, noting that the economy expanded by 5.3 percent (%YoY) in the first quarter of 2013. While this is lower than the increase registered in the previous quarter, NESDB notes that this is due to the low-base of production as a result of 2011 floods.
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Alternative Energy
Being heavily dependent on imported oil but endowed with a large agriculture sector, it is not surprising that Thailand is one of the first countries in Asia to have a policy to encourage the utilization of alternative energy sources, like biofuels and solar/ wind power. Although Thailand has a large amount of agriculture raw materials for the production of ethanol and biodiesel for the past few decades, it is the rise of oil prices, beginning in 2004, along with government policy that led to a dramatic increase in the consumption and production of biofuels in recent years.
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Global Consumer Confidence on the Rise
Nielsen recently released its report entitled Consumer Confidence, concerns and spending intentions around the world, Quarter 1, 2013. The report has been issued since 2005 and measures consumer confidence, major concerns and spending intentions among more than 29,000 respondents with Internet access in 58 countries. Measurement above and below a baseline of 100 indicate degrees of optimism or pessimism.
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Jetro Surveys Service Industry
The new Jetro “Field Survey Concerning Overseas Presence in the Service Industry FY2012” has been released. It was conducted among 6,000 companies in the Japanese service industry, from October to November 2012, to better understand the actual situation of overseas expansion in the Japanese service industry by attempting to “quantify the main venture destinations of each company, countries or cities receiving priority attention, the purpose and method of setting up ventures and issues related to overseas expansion, among other matters.”
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Framework for Thailand's Economic Stability 2013
Thailand Public Relations Department reports that a framework has been approved that is designed to maintain Thailand's economic stability. At its meeting on 28 May, the Cabinet approved the measure, devised by the Office of the National Economic and Social Development Board and the Ministry of Finance, as a way to deal effectively with the financial risks that arise from the appreciation of the baht.
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2014 National Budget
The Prime Minister has announced that the Government's proposed 2014 budget of 2.525-trillion-baht emphasizes competitiveness and responding to the needs of people in all areas. The national budget for the 2014 fiscal year aims to drive Thailand's national strategies and prepare the country for the realization of the ASEAN Community, apart from solving economic and social problems on a continual basis.
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