BOI, Fiscal Policy Research Institute Foundation arrange "Creating Thai Investors in Foreign Countries training program

[webfact]

BOI, Fiscal Policy Research Institute Foundation arrange "Creating Thai Investors in Foreign Countries training program

 

   

BANGKOK, 29 April 2019 (NNT) - To promote Thai investment abroad, all sectors must help one another boost competitiveness. However, it is necessary to invest in what that country needs, which will help strengthen the Thai business sector.

 

The Office of the Board of Investment (BOI) has cooperated with the Fiscal Policy Research Institute Foundation to organize a training program on "Creating Thai Investors in Foreign Countries" being held from April 27 to September 7, 2019.

 

The opening of the training program was presided over by BOI Deputy Secretary General Chokdee Kaewsaeng. He told the participants that all governments have placed importance on the policy to promote Thai business investment in foreign countries, because it enhances Thailand’s competitiveness and business development, and generates income for the country.

 

Many countries don’t encourage Thailand to invest in their countries but will exchange their experiences and investment promotion policies which is cause for concern. So, Thailand must develop technology, upgrade investment standards and invest in what that country lacks or needs.

 

Most importantly, the government and the private sector must jointly support investment, study foreign countries’ investment promotion models and allow all companies to make investments so that they can draw on their challenges, obstacles and experiences in investment, to develop and strengthen the Thai business sector and help create sustainability while increasing the value of the business.

 

-- © Copyright nnt 2019-04-29

[MRToMRT]

I would say all countries should adopt a "recipricol" arrangment with Thailand - if Thailand dont give it does recieve either. If Thailand wants to be an international player, even in investment, it must re-assess its own protectionist policies in every aspect of life. 

I wish my government would treat Thailand with as much disdain as Thailand seems to show to businesses and individuals from my country.

[Misterwhisper]

2 hours ago, webfact said:

Many countries don’t encourage Thailand to invest in their countries

Oh, we DO encourage them. It's just that most of the time Thai investors don't have anything to offer that we actually need... apart from laundered money, which we don't really want, because it creates nothing but trouble.

 

Also, as another poster has noted, why would we welcome Thai business people with open arms when our own investors are treated with such disdain by Thailand and disadvantaged through exorbitant taxes and a myriad of restrictions that were solely devised to protect a handful of local conglomerates that only have become so successful because they never had to cope with any competition?

[DrTuner]

Until somebody does an AML check and figures out where the $ came from..