PM Yingluck shares vision on Thailand's future development

[Thai at Heart]

She elaborated that the economy would improve through better infrastructures, communications, and logistics system. The PM added the government had come up with a strategic policy aimed at improving the potentials of Thai entrepreneurs, enabling them to compete in the international market.

At the same time, Ms Yingluck added, with infrastructures completed, Thailand would certainly draw in more foreign investors, which would help drive the economy in the long run.

They are pinning a lot on the train from Beijing to Bangkok then on to Dawei.

If the point is to bring in more foreign investors, when are they going to review the investment laws?

They have run out of steam to get growth. They won't reform the markets they have, won't liberalise anything, have oligopoly everywhere.

There is nothing left to give.

[drdoom6996]

Interesting..in the news today it stated that US investors are moving into the Philippines to prepare for the implementation of the AEC. Yingluck must be thinking about other investors than the US. Or is she thinking at all?

The latter, she rarely thinks prior to speaking. She makes a skype call.

[Jack007]

Hopeful thinking and speaking !

Because Thailand is far behind China and even Cambodia and Vietnam develops faster.

Maybe raise the daysalary to 500 Baht.

[godden]

I was sold a story of an old fat man in a red suit coming down a chimney, bad enough, but trying to pedal this crap!!!

[upena]

Mega projects to line pockets with mega baht

[Prbkk]

We have bank accounts, stuffed with dough,

I watch them grow and grow and grow

And I think to myself,

W...T..F...

...They'll never know

I see tea money, rolls royces, too,
I see the boom, for me and you
And I think to myself
What a wonderful brother.

[Arkady]

"The PM added the government had come up with a strategic policy aimed at improving the potentials of Thai entrepreneurs, enabling them to compete in the international market".

Any more details of this strategic policy? Thailand's own competitiveness in its domestic economy has sunk to virtually rock bottom in ASEAN with declining productivity gains and share of foreign direct investment. Thai businessmen and professionals rely on the Foreign Business Act and the list of restricted professions under the Working of Aliens Act to keep up foreign competition in a foreign investment regime that is the most restrictive in ASEAN. If they are collectively unwilling and unable to compete at home, what hope for them trying to compete abroad?

Not to mention a decrepid education system that lags the rest of ASEAN, even the lesser developed countries, and churns people who can hardly speak a word of English after 16 years studying the language.

Please get real PM. This is fantasy land.

[Loles]

AGAIN or STILL ?

[Local Drunk]

"The PM added the government had come up with a strategic policy aimed at improving the potentials of Thai entrepreneurs, enabling them to compete in the international market".

Any more details of this strategic policy? Thailand's own competitiveness in its domestic economy has sunk to virtually rock bottom in ASEAN with declining productivity gains and share of foreign direct investment. Thai businessmen and professionals rely on the Foreign Business Act and the list of restricted professions under the Working of Aliens Act to keep up foreign competition in a foreign investment regime that is the most restrictive in ASEAN. If they are collectively unwilling and unable to compete at home, what hope for them trying to compete abroad?

Not to mention a decrepid education system that lags the rest of ASEAN, even the lesser developed countries, and churns people who can hardly speak a word of English after 16 years studying the language.

Please get real PM. This is fantasy land.

You got that right M8...

[MaiChai]

"She elaborated that the economy would improve through the the new infrastructure-projects"

 

The economy of who?? The economy of her family and their cronies!!

30-40% in kickbacks on 2.2 trillion, it all ads up!

 

All this is only icing on the cake, on top of the money already stolen through the rice-scam and the watermanagement-scam!

A recent article stated 30% of startup costs for foreign companies in Thailand involved kickbacks to oil the wheels to get things done.

[Thai at Heart]

"The PM added the government had come up with a strategic policy aimed at improving the potentials of Thai entrepreneurs, enabling them to compete in the international market".

Any more details of this strategic policy? Thailand's own competitiveness in its domestic economy has sunk to virtually rock bottom in ASEAN with declining productivity gains and share of foreign direct investment. Thai businessmen and professionals rely on the Foreign Business Act and the list of restricted professions under the Working of Aliens Act to keep up foreign competition in a foreign investment regime that is the most restrictive in ASEAN. If they are collectively unwilling and unable to compete at home, what hope for them trying to compete abroad?

Not to mention a decrepid education system that lags the rest of ASEAN, even the lesser developed countries, and churns people who can hardly speak a word of English after 16 years studying the language.

Please get real PM. This is fantasy land.

It really is a pretty bad situation.

[baboon]

She elaborated that the economy would improve through better infrastructures, communications, and logistics system. The PM added the government had come up with a strategic policy aimed at improving the potentials of Thai entrepreneurs, enabling them to compete in the international market.

At the same time, Ms Yingluck added, with infrastructures completed, Thailand would certainly draw in more foreign investors, which would help drive the economy in the long run.

They are pinning a lot on the train from Beijing to Bangkok then on to Dawei.

If the point is to bring in more foreign investors, when are they going to review the investment laws?

They have run out of steam to get growth. They won't reform the markets they have, won't liberalise anything, have oligopoly everywhere.

There is nothing left to give.

They want what they think the West has without the resulting consequences - poverty, foreign 'freeloaders' who see the money and want some of the dream, banks who will lend despite the knowledge more than a few cannot pay their debts...

In short, I think it will all collapse here too, sooner or later. How can it be otherwise?

[hellodolly]

"She had a vision"......

Ya and it showed her on a throne an empress type one.

[Thai at Heart]

She elaborated that the economy would improve through better infrastructures, communications, and logistics system. The PM added the government had come up with a strategic policy aimed at improving the potentials of Thai entrepreneurs, enabling them to compete in the international market.

At the same time, Ms Yingluck added, with infrastructures completed, Thailand would certainly draw in more foreign investors, which would help drive the economy in the long run.

They are pinning a lot on the train from Beijing to Bangkok then on to Dawei.

If the point is to bring in more foreign investors, when are they going to review the investment laws?

They have run out of steam to get growth. They won't reform the markets they have, won't liberalise anything, have oligopoly everywhere.

There is nothing left to give.

They want what they think the West has without the resulting consequences - poverty, foreign 'freeloaders' who see the money and want some of the dream, banks who will lend despite the knowledge more than a few cannot pay their debts...

In short, I think it will all collapse here too, sooner or later. How can it be otherwise?

They could have a flood of FDI into the country tomorrow if they reformed the foreign business act.

They just don't do competition. They want their cake and want every last little crumb.