bazmlb Posted December 24, 2013 Share Posted December 24, 2013 With the country facing political deadlock, rebuilding foreign investors’ confidence will be one of the top priorities for the Board of Investment (BoI) in its action plan next year.Secretary-general Udom Wongviwatchai said foreign investors from Japan, the US and Europe, as well as high-potential countries including South Korea, Taiwan and Australia, will be the main focus for investment Promotion. “The BoI’s overseas offices will be tasked with a more vital role to ensure that Thailand’s political protests will not have any negative effect on investment promotion policies,” said Mr Udom. The offices will also be responsible for promoting Thai investment overseas and informing investors about new policies, such as the second phase of the eco-car project and the BoI’s new investment strategy that is expected to be in place in 2015. -- Automotive Focus Group Thailand 2013-12-24 Link to comment Share on other sites More sharing options...
jaiyen Posted December 24, 2013 Share Posted December 24, 2013 Best of Luck ! Toyota have already decided to pull out of Thailand. I am sure they know exactly what the situation is and that Thailand can offer nothing but problems. Whose next ? Link to comment Share on other sites More sharing options...
arthurwait Posted December 24, 2013 Share Posted December 24, 2013 So import taxes are going up then. Link to comment Share on other sites More sharing options...
FRR Posted December 24, 2013 Share Posted December 24, 2013 Best of Luck ! Toyota have already decided to pull out of Thailand. I am sure they know exactly what the situation is and that Thailand can offer nothing but problems. Whose next ? Excuse my ignorance, but where did you get the information that Toyota are pulling out of Thailand? And by pulling out I assume you mean ceasing manufacturing of cars? Link to comment Share on other sites More sharing options...
bazmlb Posted December 24, 2013 Author Share Posted December 24, 2013 Best of Luck ! Toyota have already decided to pull out of Thailand. I am sure they know exactly what the situation is and that Thailand can offer nothing but problems. Whose next ? Excuse my ignorance, but where did you get the information that Toyota are pulling out of Thailand? And by pulling out I assume you mean ceasing manufacturing of cars? Toyota Motor Manufacturing Indonesia (TMMIN) has started producing its all-new Vios at the company’s plant in Karawang, West Java, as it gradually moves its production base from Thailand to Indonesia. http://www.automotivefocusgroup.com/toyota-to-shift-thai-output-base-to-indonesia-2/ 1 Link to comment Share on other sites More sharing options...
bazmlb Posted December 24, 2013 Author Share Posted December 24, 2013 So import taxes are going up then. Hopefully ASEAN will mean there wont be any import taxes, it should all be free trade? Link to comment Share on other sites More sharing options...
Straight8 Posted December 24, 2013 Share Posted December 24, 2013 (edited) Time for foreign companies to give them the "bird" to doing business here and go somewhere where they are much more appreciated!!! Edited December 24, 2013 by Straight8 Link to comment Share on other sites More sharing options...
Ace of Pop Posted December 24, 2013 Share Posted December 24, 2013 (edited) Well they offered Honda a nice Swamp Site luckey they arnt following Toyo. Edited December 24, 2013 by bazmlb Negative Remarks removed Link to comment Share on other sites More sharing options...
SOTIRIOS Posted December 24, 2013 Share Posted December 24, 2013 ...not heavy on the details...a statement without substance...what else is new...you now earned your astronomical salary....and year-end bonus.... Link to comment Share on other sites More sharing options...
Ace of Pop Posted December 24, 2013 Share Posted December 24, 2013 If you refer to my Post Stavros, it flooded, no Thai was supprised.!! Loved your Greek Show years ago, the Chip Shop Guy and Loads O Money. Peeeps/ Link to comment Share on other sites More sharing options...
Popular Post Wong! Posted December 24, 2013 Popular Post Share Posted December 24, 2013 Best of Luck ! Toyota have already decided to pull out of Thailand. I am sure they know exactly what the situation is and that Thailand can offer nothing but problems. Whose next ? Excuse my ignorance, but where did you get the information that Toyota are pulling out of Thailand? And by pulling out I assume you mean ceasing manufacturing of cars? Toyota Motor Manufacturing Indonesia (TMMIN) has started producing its all-new Vios at the company’s plant in Karawang, West Java, as it gradually moves its production base from Thailand to Indonesia. http://www.automotivefocusgroup.com/toyota-to-shift-thai-output-base-to-indonesia-2/ So you've concluded that Toyota only make one vehicle (the Vios) in Thailand? Some people are really too dumb for words... 3 Link to comment Share on other sites More sharing options...
Wong! Posted December 24, 2013 Share Posted December 24, 2013 Are the BoI also going to build the infrastructure that is lacking in Thailand, remove the corruption and stop the government ruining the schools to ensure enough educated workers are available, too? Link to comment Share on other sites More sharing options...
Jitar Posted December 24, 2013 Share Posted December 24, 2013 So import taxes are going up then. Hopefully ASEAN will mean there wont be any import taxes, it should all be free trade? Free trade is similar to free stuff on the internet. Promoted a lot but practical examples are few and far between. Link to comment Share on other sites More sharing options...
kinmaew Posted December 24, 2013 Share Posted December 24, 2013 Who would want to invest in a country where you cannot buy land or own the business 100%? Link to comment Share on other sites More sharing options...
chiang mai Posted December 24, 2013 Share Posted December 24, 2013 Just to be clear, Toyota is not pulling out of Thailand, they're simply transferring production of a single model to an emerging mass market, Indonesia, sensible I reckon. 1 Link to comment Share on other sites More sharing options...
Alwyn Posted December 24, 2013 Share Posted December 24, 2013 Who would want to invest in a country where you cannot buy land or own the business 100%? <silence> Link to comment Share on other sites More sharing options...
chiang mai Posted December 24, 2013 Share Posted December 24, 2013 Who would want to invest in a country where you cannot buy land or own the business 100%? <ignored> Link to comment Share on other sites More sharing options...
Ace of Pop Posted December 24, 2013 Share Posted December 24, 2013 Where do You Live Then Kinmaew, some of us can circumvent the System to our advantage. I own my Own Tyre Pressure Guage, so there. This Patry is Crap full of Thais and Germans, hic, burp. Link to comment Share on other sites More sharing options...
mogandave Posted December 24, 2013 Share Posted December 24, 2013 BOI approved companies can own property and 100% of the business. Link to comment Share on other sites More sharing options...
hellodolly Posted December 24, 2013 Share Posted December 24, 2013 Best of Luck ! Toyota have already decided to pull out of Thailand. I am sure they know exactly what the situation is and that Thailand can offer nothing but problems. Whose next ? Toyota Motor Manufacturing Indonesia (TMMIN) has started producing its all-new Vios at the company’s plant in Karawang, West Java, as it gradually moves its production base from Thailand to Indonesia. http://www.automotivefocusgroup.com/toyota-to-shift-thai-output-base-to-indonesia-2/ So you've concluded that Toyota only make one vehicle (the Vios) in Thailand? Some people are really too dumb for words... Here is an exert from the article make of it what you can. It dosen't look to promising. "He added that thus far, his company had yet to determine whether to export the Vios from Indonesia, as it was still formulating strategies to increase its domestic sales figures. Toyota seeks to shift its production base gradually from Thailand to Indonesia and hopes to complete the move some time next year". Link to comment Share on other sites More sharing options...
hellodolly Posted December 24, 2013 Share Posted December 24, 2013 Who would want to invest in a country where you cannot buy land or own the business 100%? Honda But seriously do they expect this new commission to sucker in big business with their kine of bull. These people know what ids going on in Thailand snd will not be that open to the wonders of Thailand. Link to comment Share on other sites More sharing options...
mogandave Posted December 27, 2013 Share Posted December 27, 2013 The BOI is not new, and the incentives are great. Believe what you may, but the BOI has been very effective at attracting foreign investment and developing infrastructure. 1 Link to comment Share on other sites More sharing options...
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