Yingluck Calls Thailand A Haven For Foreign Investment

[webfact]

PM Yingluck calls Thailand a haven for foreign investment
By English News



BRUSSELS, March 6 – Thai Prime Minister Yingluck Shinawatra has urged the Belgian private sector to take part in investment in Thailand’s mega infrastructure projects.

During a meeting with her Belgian counterpart Elio Di Rupo, the Thai premier said Thailand has enjoyed political and economic stability, and a gross domestic product (GDP) growth of 6.4 per cent.

Investment opportunities are vast in Thailand given its potential as a gateway for European Union countries to the Southeast Asian region and the US$66 billion mammoth Thai government projects involving transport, telecommunications and energy, she said.

She asked the Belgian prime minister to consider Schengen visa waivers for Thai passport holders to promote tourism between the two countries. Ms Yingluck made a similar request to the Swedish leader during her visit to Stockholm yesterday.

The Thai and Belgian premiers agreed in principle to exchange knowledge on medical science, food safety, innovative technology, high-level research and development and logistics to boost Thailand’s competitive edge.

Ms Yingluck said the March 17-22 visit to Thailand by Crown Prince Philippe of Belgium and the Belgian business community will strengthen the relationship between the two countries.

A joint action plan may be signed during the Crown Prince’s visit to enhance bilateral cooperation in various aspects.

Later today Ms Yingluck is scheduled to meet with Jose Manuel Barroso, European Commission president when they will announce the enforcement of the Thai-European Union Free Trade Agreement.

A Thai delegation comprising off public and private sectors, led by Ms Yingluck, began visiting Sweden and Belgium on Monday and will conclude tomorrow. (MCOT online news)


-- TNA 2013-03-06

[jbrain]

Later today Ms Yingluck is scheduled to meet with Jose Manuel Barroso, European Commission president when they will announce the enforcement of the Thai-European Union Free Trade Agreement.

Without doubt this will be another to add to the ONE WAY free trade agreements the Thai goverment has signed so far.

[DaamNaam]

But not for foreign husbands who invest in their Thai families.

What another load of old rubbish.

[beano2274]

So start letting people have more than 49% share of a company. And also let in competition for companies like TOT and others from foreigner owned companies

[LuukKoeyKorat]

.....'political stability.....'

hmmm, yeah, pull the other one....

[Buchholz]

.

"haven"....... the new hub

.

Edited March 6, 2013 by Buchholz

[dcutman]

I dont suppose she mentioned that her govt and her country are some of the most corrupt in the World?

Yea they probably already know.

Edited March 6, 2013 by dcutman

[Chao Lao Beach]

Thailand, where we welcome you to send money but make it next to bloody impossible to wire it out of the country.

[bigbamboo]

Inspite of her suggestions to the contrary the Japanese were not too impressed with Dawei.

I think a lot of western countries might want to wait and see how conditions change once ASEAN actually get's rolling in 2016 especially as money's a bit tight just now.

[Payboy]

A Thai delegation comprising off public and private sectors

Summed up by one word "cronies".

[NeverSure]

"Investment" = Loans.

Why would Thailand, with all its new found wealth, be kissing up to small EU countries for loans?

If Thailand is such a great investment, why does PM Shinawatra have to tout it to small EU countries?

When you're going to Belgium, which itself had to have its banks bailed out, and is itself in debt 100% of its GDP for money, you're scraping the bottom of the barrel.

Great photo op though.

[OzMick]

I'm reminded of the fable of Ali Baba. Here you say the magic words "I've got money" and the hidden door opens to the thieves' camp.

Investors should know that in Thailand "I want my money back!" is a joke that causes uncontrollable laughter.

[MaxLee]

"Dear International community, I came here to say that Thailand is an investment paradise, thank you so much for your courtesy, have a nice day, good bye..."

[asiasurfer]

So, haven for foreign investment??

- Not being able to own a company to 100%

- At least 100 ways of being cheated off all your investment and actually your last shirt

- No way to win a court case as a foreigner

- Hostile foreign policies and expats being treated like criminals even if married and children

- Complicated visa and work permit procedures even if you're already living here for 10 year.

Oh yea, sounds like a great place to invest. Remind me: Why was I here?

[jonclark]

Is it just me or does the PM (and therefore Thailand) always seem to ask for lots, but offers nothing in return?

[GooEng]

Is it just me or does the PM (and therefore Thailand) always seem to ask for lots, but offers nothing in return?

Indeed, she's a model Thai citizen.

[ratcatcher]

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"haven"....... the new hub

.

Looks like my lengthy post on the overuse of "HUB" has had an effect.

Expect more havens, portals and gateways in Thailand's future

[ratcatcher]

Is it just me or does the PM (and therefore Thailand) always seem to ask for lots, but offers nothing in return?

You can bet she offered some rice.

Fried rice, boiled rice, steamed rice, sticky rice, nice rice and twice the price rice.

[waza]

Indonesia Could Pass Thailand To Become The Largest Vehicle Market:

Well done Yingluck looks like the words getting around. Next it will be Thailand the hub of failed states.

Now wheres the chocolate shops?

[Mosha]

What's the geezer in the red tie doing. Dirty old man.

[rookball]

i think she meant haven for them when there is foreign investment

[Tboy928]

So, haven for foreign investment??

- Not being able to own a company to 100%

- At least 100 ways of being cheated off all your investment and actually your last shirt

- No way to win a court case as a foreigner

- Hostile foreign policies and expats being treated like criminals even if married and children

- Complicated visa and work permit procedures even if you're already living here for 10 year.

Oh yea, sounds like a great place to invest. Remind me: Why was I here?

Vey well sayd !! I have buisness in Europe, and would not even think about try doing any buisness here, with so complicated process for work visa , and the stupid ownership rules of land . FIRT thing they shoul do, is let foregner own land that is not ment for agriculture , so atleast we could have our house and villas in peace.

[Moruya]

I wonder how Carlsberg, Pepsi and Pizza Hut view Thailand? "Haven"? Possibly not!

[Buchholz]

What's the geezer in the red tie doing. Dirty old man.

Perhaps he's seen the Arisaman photo.

.

[jbrain]

What's the geezer in the red tie doing. Dirty old man.

He's listening to the drivel Yingluck is sluicing to the Belgian PM and just starts to vomit.

[Payboy]

What's the geezer in the red tie doing. Dirty old man.

Wasn't me honest. But, I think he just popped a bit of Belgian White chocolate.

[ratcatcher]

Indonesia Could Pass Thailand To Become The Largest Vehicle Market:

Well done Yingluck looks like the words getting around. Next it will be Thailand the hub of failed states.

pb-110629-shinawatra-03_photoblog900.jpg Now wheres the chocolate shops?

“I don't mind making jokes, but I don't want to look like one.”

― Marilyn Monroe

[jamhar]

Indonesia Could Pass Thailand To Become The Largest Vehicle Market:

Well done Yingluck looks like the words getting around. Next it will be Thailand the hub of failed states.

pb-110629-shinawatra-03_photoblog900.jpg Now wheres the chocolate shops?

Damn, where do you get this pics!!??!!

They are hilarious!!!!

[DDuval]

So, haven for foreign investment??

- Not being able to own a company to 100%

- At least 100 ways of being cheated off all your investment and actually your last shirt

- No way to win a court case as a foreigner

- Hostile foreign policies and expats being treated like criminals even if married and children

- Complicated visa and work permit procedures even if you're already living here for 10 year.

Oh yea, sounds like a great place to invest. Remind me: Why was I here?

Cos of the girls, like 99.9999% of guys :-) who reside in Thailand

[Pimay1]

ha·ven

/ˈhāvən/

Noun

A place of safety or refuge.