I agree with others have suggested. Allow 100% foreign ownership in the services sector, on condition a certain minimum share capital is brought in from overseas. Make it $1 million, $10 million or whatever. And stipulate minimum number of Thai employees, 10, 50 or whatever. It's been done before in the retail sector, securities brokerage and has worked well. If there are certain sectors they want to protect, like travel agencies, property development, companies set up just to buy a house, exclude them. But do something positive that facilitates serious foreign investment and benefits Thais, not just introducing negative rules all the time that choke off serious investment and doesn't nothing for the economy.
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