Big leap in licences granted to foreign businesses

[snoop1130]

Big leap in licences granted to foreign businesses

By THE NATION

 

 

The Foreign Business Commission late last month granted licences for 20 foreign businesses to operate in Thailand.

 

Vuttikrai Leewiraphan, Department of Business Development director-general, said the 20 businesses had invested a total of Bt442 million in Thailand and employed 1,574 Thai workers. Most of the businesses are from Japan, the Netherlands and Hong Kong.

 

They invested in a range of industries, from the service sector to wholesale and retail.

 

The commission granted licences to 112 foreign businesses from January to May, up 35 per cent year on year, and investing a total of Bt3.7 billion.

 

Source: https://www.nationthailand.com/business/30389514

 

-- © Copyright The Nation Thailand 2020-06-12

 

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[hotchilli]

18 hours ago, snoop1130 said:

Vuttikrai Leewiraphan, Department of Business Development director-general, said the 20 businesses had invested a total of Bt442 million in Thailand and employed 1,574 Thai workers. Most of the businesses are from Japan, the Netherlands and Hong Kong.

All while Corvid was going on and a lock down in place?

[PETERTHEEATER]

28 minutes ago, hotchilli said:

All while Corvid was going on and a lock down in place?

Yep! International companies just can't wait to invest in the Thai economy. 

[seancbk]

On 6/13/2020 at 1:03 PM, PETERTHEEATER said:

Yep! International companies just can't wait to invest in the Thai economy. 

 

They are investing in the affordable workforce, affordable living environment for their senior staff and good logistical location for exporting their products. 

 

[Redline]

7 hours ago, seancbk said:

 

They are investing in the affordable workforce, affordable living environment for their senior staff and good logistical location for exporting their products. 

 

Poor education, difficult and unstable immigration rules, unstable government are enough to consider Vietnam, as the trend is going now