webfact Posted September 8, 2014 Share Posted September 8, 2014 INDUSTRY MINISTRYNumber of new factories in August fallsBANGKOK: -- The Industrial Works Department reported on Monday a decrease of eight per cent in the number of new factories opening in Thailand in August compared to the same period last year.Pasu Loharnchun, the department's director general, also noted that the value of investment had dropped by 38 per cent, due to the new regulations in applying for permits, under which entrepreneurs are required to conduct public opinion surveys among communities in the area.However, the department believes that once the processes are better understood the number of new factories will increase.The department is also confident the number of new factories will increase by five per cent in the final four months of the year thanks to the country's newfound stability.-- The Nation 2014-09-08 Link to comment Share on other sites More sharing options...
Mango Bob Posted September 8, 2014 Share Posted September 8, 2014 I just don't see new business wanting to invest here until they see what happens after martial law and a real elected government is in power. 1 Link to comment Share on other sites More sharing options...
lee b Posted September 8, 2014 Share Posted September 8, 2014 or damaged goods due to floods ! Link to comment Share on other sites More sharing options...
Bluespunk Posted September 8, 2014 Share Posted September 8, 2014 or damaged goods due to floods ! What? Link to comment Share on other sites More sharing options...
Christie Paul Posted September 8, 2014 Share Posted September 8, 2014 It would be much more interesting to know the number, if any, of factories that are closing. 1 Link to comment Share on other sites More sharing options...
ChrisY1 Posted September 8, 2014 Share Posted September 8, 2014 The junta/government need to understand the damage that past political unrest, a military government in place now, no elections planned in the near future....and of course with martial law in place....there is great uncertainty in the business world. This situation will not, or should it be cannot, attract new investors.... We all know that there are going to be a whole raft of new legislations and regulations which possibly adds to the confusion of investors....so maybe investors are waiting to see what developes...as are many other countries....but unfortunately, in the meantime, the money goes elsewhere. 2 Link to comment Share on other sites More sharing options...
NongKhaiKid Posted September 8, 2014 Share Posted September 8, 2014 It would be much more interesting to know the number, if any, of factories that are closing. Classified information. Report to Junta HQ to be de-briefed on why you want to know. Link to comment Share on other sites More sharing options...
Benmart Posted September 8, 2014 Share Posted September 8, 2014 or damaged goods due to floods !What?Google "Floods damage Thai factories".Good reads. Link to comment Share on other sites More sharing options...
IMA_FARANG Posted September 8, 2014 Share Posted September 8, 2014 (edited) I just don't see new business wanting to invest here until they see what happens after martial law and a real elected government is in power. -------------------------- Male cattle fecal material. The reason new investments declined in the past 6 months or so last year was the disruption caused by the political instability. and disruption caused by the politicians in Thailand who put their own selfish interests (and their political leaders interests) ahead of the country's interests. That type of corrupt self interest is what Thai politicians call "Thai Democracy" or "elected government". Now that the junta has imposed martial law, investors will feel somewhat more confident about the safety of their plans for investments in Thailand, The minute that martial law is ended, and "elections" are allowed again, Thailand will be In serious danger of returning to the same kind of political disruption and instability UNLESS the same politicians (of both main parties) are banned from politics. Those politicians (again of both main parties) caused the problems before, and is the elections are allowed to go ahead, they will cause the same problems and disruption again. "Democracy" and "free elections" requires an intelligent and informed electorate. Look around you, ........ do you really see that here in Thailand? Edited September 8, 2014 by IMA_FARANG 1 Link to comment Share on other sites More sharing options...
Thai at Heart Posted September 8, 2014 Share Posted September 8, 2014 I just don't see new business wanting to invest here until they see what happens after martial law and a real elected government is in power.--------------------------Male cattle fecal material. The reason new investments declined in the past 6 months or so last year was the disruption caused by the political instability. and disruption caused by the politicians in Thailand who put their own selfish interests (and their political leaders interests) ahead of the country's interests. That type of corrupt self interest is what Thai politicians call "Thai Democracy" or "elected government". Now that the junta has imposed martial law, investors will feel somewhat more confident about the safety of their plans for investments in Thailand, The minute that martial law is ended, and "elections" are allowed again, Thailand will be In serious danger of returning to the same kind of political disruption and instability UNLESS the same politicians (of both main parties) are banned from politics. Those politicians (again of both main parties) caused the problems before, and is the elections are allowed to go ahead, they will cause the same problems and disruption again. "Democracy" and "free elections" requires an intelligent and informed electorate. Look around you, ........ do you really see that here in Thailand? IMAfARANG you are ACOUPAPOLOGIST Link to comment Share on other sites More sharing options...
belg Posted September 9, 2014 Share Posted September 9, 2014 there will be a time that 8% of entreprises will close (per month / year) once other countries show some more entrepreneurship with 100% foreign ownership and (more) easy visa's Link to comment Share on other sites More sharing options...
bangon04 Posted September 9, 2014 Share Posted September 9, 2014 "Number of new factories in August falls" Not only factories, but a few condo blocks office blocks and even a hospital .... Building Safety Regulations are a bit lax, so we hear.... Link to comment Share on other sites More sharing options...
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