The Board of Investment (BoI) has approved investment applications worth nearly 90 billion baht, mainly for companies making environmentally friendly cars or involved in renewable energy. Secretary-general Udom Wongviwatchai said the BoI approved investment applications worth 89.7 billion baht at Friday’s meeting chaired by Prime Minister Prayut Chan-o-cha.
Japan has long been one of the largest investors in Thailand, especially in the Thai automotive industry, where Japanese automakers have created a significant automotive cluster and comprehensive supply chain. However, major European automakers, especially Volkswagen, have announced to set up facilities in Thailand and take advantage of the opportunities available in the growing Thai and Southeast Asian automotive sector.
With an end in sight to the economic crisis in Europe, it is an apt time for Thai businesses to change crisis into opportunity, seeing Europe as a market not only for trading but also investment, and to ensure sustainable growth with a free-trade agreement, a seminar heard yesterday.
Elections to the European Parliament will be held in all member states of the European Union (EU) between 22 and 25 May 2014. It will be the eighth Europe-wide election to the European Parliament since the first direct elections in 1979.
Looking Ahead: Gov to retake 5 protest sites; No solution for Farmer payment; PDRC remains firm on non-negotiable term for Gov to resign.
Unpaid Rice Scheme, EC to decide on Election and Gov. to arrest PDRC leaders and many more…
Mixed reaction but smooth election: Almost no trouble in the North and North East voting. While many voters are able to vote in some Bangkok districts, the southern part also struggled to carry out. Overall, unusually low voter turnouts, estimated around 20-30%, casting doubt over poll outcome.