- General
- Business
- Moodys's say
- Economy
- Bank and Finance
- Politics
- Energy
- World
- Environment
- Entertainmentt
- Sport
- Agro and Food
- Lifestyle
Thailand set to welcome Chinese investors, says PM Abhisit
By k on June 25, 2009
BEIJING, June 25 (TNA) - Visiting Thai Prime Minister Abhisit Vejjajiva on Thursday told the Chinese business community that Thailand now has sufficient potential to cater to foreign investors and that his country is ready to welcome them with the goal of boosting bilateral trade in future.
Mr. Abhisit, now on the second day of his four-day official visit to China, told Chinese investors during a speech that the political situation in Thailand has now returned to normal and with the twin government-sponsored economic stimulus programmes, he believed that the domestic economy could return to the black early next year, which he said is a good sign.
Thailand, he said, also has several other pluses to cater to investor needs, including varied entertainment venues, schools, hospitals, a skilled workforce and a government plan to establish the ‘One Start and One Stop Service Center’ to assist and provide legal counsel to foreign investors.
Mr. Abhisit said Wednesday’s signing of several bilateral cooperation agreements with his Chinese counterpart Wen Jiabao could further boost trade between the two countries in future.
Regarding tourism, Mr. Abhisit said his government plans to extend exemptions on visa requirements for Chinese tourists visiting Thailand, a measure which to due to expire at the end of June, to March 2010.
He also proposed to Chinese investors that they use Thailand as a goods distribution centre to member countries of the Association of Southeast Asian Nations (ASEAN) under ASEAN-China agreement which would help strengthen relations between both countries. (TNA)
Related posts:
- PM to attract Chinese investors to Thailand BANGKOK, 23 June 2009 (NNT) - Prime Minister Abhisit...
- Thailand inviting China to invest in railway system BANGKOK, Oct 26 (TNA) - Thailand will invite China to...
- Chinese and Thai investors agree to co-invest to boost business synergy PATTAYA, July 28 (TNA) – Chinese investors from business associations...
- Chinese state enterprises explore Thai business opportunities BANGKOK, Nov 10 (TNA) – China’s Communist Party Secretary-General in...
- Thai Prime Minister to visit China June 24-27 BANGKOK, June 17 (TNA) - Thai Prime Minister Abhisit Vejjajiva...
Related posts brought to you by Yet Another Related Posts Plugin.
Readers Comments
Business News »
Thai-Myanmar trade exceeds target
February 9, 2010
BANGKOK, 9 February 2010 (NNT) — Trade along the Mae Sot - Myawaddy border in Tak province has increased by 15-16 billion THB year-on-year with a tendency to reach an all-time high of 23 billion THB.
Mae Sot Border Official Pongthep Buasap said the border trade had risen by 28-30% compared to the same period last [...]
Bank And Finance »
BoT to collect regional economic data
February 6, 2010
BANGKOK, 6 February 2010 (NNT) – The Bank of Thailand (BoT) is going to send teams to local areas to collect economic data for an analysis of the Thai economy by the Monetary Policy Committee.
Senior Director of the BoT’s Domestic Economy Department, Suchart Sakkankosone, said the data to be gathered on 9 February was from [...]
General News »
10% of foreign workers apply for work permit renewals
February 8, 2010
BANGKOK, Feb 8 (TNA) – Only 10 per cent, or around 140,000 foreign workers whose work permits expire at the end of February, visited Provincial Employment Offices to apply for document renewals, according to Thailand’s Foreign Workers Administration.
Foreign Workers Administration director Tanich Numnoi said all work permits and applications for nationality verification for an estimated [...]
Economy »
Gold price remains unpredictable after Chinese New Year
February 8, 2010
BANGKOK, 8 February 2010 (NNT) – The gold price is still difficult to predict until after the Chinese New Year. However it will not climb up beyond 19,000 THB as it did in the previous quarter, says the Gold Traders Association President, Mr Jitti Tangsitpakdee.
Mr Jitti stated that the descending gold price in the American [...]
Energy »
Energy Ministry confirms no blackout during closure of Yetagun gas field
February 9, 2010
BANGKOK, 9 February 2010 (NNT) – The Energy Ministry is confident there will be no blackout during the closure of the gas field in Yetagun, Myanmar, at the end of March.
Mr Sarawut Kaewtathip, an analyst from the Energy Ministry, said that Myanmar has planned to close the gas field in Yetagun for 7-10 days to [...]
Politics »
Hun Sen´s criticism against Abhisit resulted from anger
February 9, 2010

BANGKOK, 9 February 2010 (NNT) – Cambodian Prime Minister Hun Sen strongly criticized Thai Prime Minister Abhisit Vejjajiva because he was angry that he was unable to enter Prasart Ta Muen Thom in Suring province during his visit yesterday, according to Deputy Prime Minister for Security Affairs Suthep Thaugsuban.
Mr Suthep viewed that the Cambodian Prime [...]