Thai govt offered ideas on steps it can take to attract foreign investment

[webfact]

Govt offered ideas on steps it can take to attract foreign investment

By The Nation

 

Deputy PM Supattanapong Punmeechaow

 

The Joint Foreign Chamber of Commerce in Thailand (JFCCT) on Wednesday offered recommendations on what can be done to attract investments, its chairman Stanley Kang said.

 

The recommendations were made at a meeting held with Deputy PM Supattanapong Punmeechaow to discuss how doing business can be made easier in Thailand.

 

One recommendation was reducing the 14-day mandatory quarantine for foreign businesspersons and technicians, so investors will be encouraged to come here.

 

They also said that the authorities should remove or revise certain regulations, especially those related to visa applications, that are unfavourable to foreign investment.

 

Source: https://www.nationthailand.com/business/30399704

 

 

-- © Copyright The Nation Thailand 2020-12-17

 

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[trainman34014]

Another lot of 'Recommendations' that will be ignored !

[mtls2005]

Hmm, no mention of "lure" or "scheme"?

 

Quarantine is necessary. Special provisions can be made (e.g. the PM's exemption list, which has been used) and valued investors can be accomodated.

 

Making it easier to do business in Thailand? That's been on the list since the 1500's.

 

The visa situation? Who knows? So many varieties and flavors, but getting a visa isn't that hard, is it?

 

 

 

 

Edited December 17, 2020 by mtls2005

[AlfHuy]

Just lower the content of the brown envelope to a fixed amount of "500"baht, that would probably generate some business.

[1Gringo]

how about reducing the value of the Baht?  that should be very helpful.

[khunPer]

Me thing that more control over the investment might be an issue, i.e. the 49% percent limit, if a broader inflow is wished for beyond those large investment that are exempted from the 49% limit, but perhaps it's only large investments that matters...????

[Misterwhisper]

And yet another deputy PM?

 

How many deputy PMs does this country of 68 million people actually have - and need?

No wonder our "principal" PM has so much time on his hands to compose obnoxious songs and write cringeworthy poems. 

[ronaldo0]

Show us your cash and you will only need spend 10 days in ASQ . All you other peasants stay 14 days !! Seems Covid can now do accounts as well as tell the time and what race you are . ????

[Olivie]

On 12/16/2020 at 9:10 PM, webfact said:

One recommendation was reducing the 14-day mandatory quarantine for foreign businesspersons and technicians, so investors will be encouraged to come here.

 

So covid is not a problem when you are a businesspersons?

At least, they really know what to do when they will want to encourage tourists to come there.

[mikebell]

On 12/17/2020 at 3:10 AM, webfact said:

the authorities should remove or revise certain regulations

Like allowing ex-pats to own their house 100% like civilised countries do without falling victim to the Company Scam which keeps so many lawyers/auditors in comfort.

[hotchilli]

On 12/17/2020 at 3:10 AM, webfact said:

Govt offered ideas on steps it can take to attract foreign investment

Delete all the red tape and under table hand shakes, allow people to own their own business?