Thai PM assures Hong Kong investors of streamlined business process

[snoop1130]

 

Prime Minister Srettha Thavisin yesterday extended a warm welcome to potential investors in Hong Kong, assuring them of Thailand’s readiness to encourage and facilitate investment. While serving as the finance minister, PM Srettha travelled to Hong Kong to meet with significant private entities and explore investment opportunities in Thailand.

 

This visit to Hong Kong marked the beginning of a five-day tour to the Chinese city and various ASEAN nations, reported government spokesperson, Chai Wacharonke. The private sector in Hong Kong expressed their interest in Thailand’s investment prospects but urged the 61 year old Thai prime minister to streamline the process for foreign investors intending to conduct business in the kingdom.

 

In his meeting with John Lee Ka-chiu, the Chief Executive of Hong Kong, PM Srettha discussed bilateral cooperation and potential investments. Allan Zeman, Chairman of Lan Kwai Fong Group, appreciated the PM Srettha administration’s decision to implement a free-visa policy for Chinese tourists. He expressed his belief that Thailand, a popular tourist destination, would hugely benefit from an influx of Chinese visitors.

 

Chai revealed that representatives from the medical sector indicated that Hong Kong is currently facing a shortage of medical staff. They expressed their interest in inviting Thai medical workers for internships in the island city. This would provide the Thai workers with valuable experience and enhance their skills.

 

Jack So, Chairman of the Board of Airport Authority, stated that Thailand and Hong Kong are planning to upgrade their transport infrastructure to accommodate more visitors and connect regional transport facilities.

 

By Alex Morgan

Caption: Photo by Ruslan Bardash on Unsplash

 

Full story: The Thaiger 2023-10-10

 

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[Mavideol]

so the 51/49% wouldn't apply to them??? what about the unnecessary double/triple copies of unnecessary duplicated/triplicated documents and their required signatures and so forth.... should we understand the same privileges will be given to other nationalities as well of HK citizens will have special treatment

[djayz]

When I see / hear the words "Thai" and "assure" in the same sentence, I know something's not kosher. 

[redwood1]

But dont make more than 120,000 a year or there will be plenty of taxes to pay..

[hotchilli]

13 hours ago, snoop1130 said:

Prime Minister Srettha Thavisin yesterday extended a warm welcome to potential investors in Hong Kong, assuring them of Thailand’s readiness to encourage and facilitate investment. While serving as the finance minister, PM Srettha travelled to Hong Kong to meet with significant private entities and explore investment opportunities in Thailand.

Hong Kong is  a back-door to China... 

[Dogmatix]

Get them to come and run businesses in Thailand and then tax them at 35% when they decide to bring in money to buy a condo.  HK is a low tax regime and doesn't tax foreign source income at all.