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4.8% growth forecast this year

4.8% growth forecast this year

The Bank of Thailand (BoT) forecasts a brighter economy in 2012 with a 4.8% growth, remarking that government spending will remain an important factor boosting the Thai economy. Director of the BoT’s Office of Macroeconomics Songtham Pinto said the 4.8% growth forecast this year would be driven largely by domestic spending. The central bank believes [...]

January 10th, 2012 | Posted in Bank And Finance,Business News | Read More »

Investors seeking investment promotion rise

Investors seeking investment promotion rise

Thailand’s Board of Investment (BoI) on Thursday said the number of foreign investment projects applying for the agency’s investment privileges increased by 20 per cent year-on-year in the first ten months of 2011, with a project investment value totalling Bt281 billion. BOI Secretary-General Atchaka Sriboonrueng said the number of foreign investment projects applying for the [...]

December 2nd, 2011 | Posted in Business News | Read More »

Projects seeking BoI promotion rise in volume and value

BANGKOK, June 9 (TNA) – The number of projects seeking investment promotions in the first five months of this year reached 507 with an investment value of Bt 172.6 billion, according to the Board of Investment (BoI). Secretary-General Atchaka Sribunrueng said the investment projects initiated by domestic and foreign companies and applying for promotions in [...]

June 9th, 2010 | Posted in Business News | Read More »

BoI: Subcon Thailand expected to generate 4 bn THB in trade

BANGKOK, 10 May 2010 (NNT) – The Board of Investment (BoI) expects at least four billion THB of trade value to be generated during the industrial subcontracting exhibition, Subcon Thailand 2010. BoI Director Duangjai Asawachintachit said there would be foreign businesspersons from over 70 countries, such as Japan, China, France, England, Australia, Italy and Vietnam, [...]

May 10th, 2010 | Posted in Economy | Read More »

BoI to attract Indian investors to Thailand

BANGKOK, 16 February 2010 (NNT) – The Board of Investment (BoI) prepares to hold a roadshow in India in hopes to attract Indian investors to Thailand and promote Thai investments in India. According to BoI Secretary-General Atchaka Sibunruang, the roadshow will be led by Industry Minister Charnchai Chairungrueng. The team will meet with the Thai [...]

February 16th, 2010 | Posted in Business News | Read More »

BoI to lead a road show to India to attract investors in heavy industry

BANGKOK, 2 February 2010 (NNT) – The Board of Investment (BoI) will arrange a road show to India during 14-19 February, with the hope to attract investment in heavy industry in Thailand. BoI Secretary-General Atchaka Sibunruang stated that the Industry Minister Chanchai Chairungruang along with the BoI would go to Mumbai, India to induce Indian [...]

February 2nd, 2010 | Posted in Economy | Read More »

BOI to support 8 projects

BANGKOK, 26 January 2010 (NNT) – The Board of Investment (BOI) has given a green light to promote the investment of eight projects with the total value of more than 18 billion THB, according to BOI Secretary-General, Dr Atchaka Sribunruang Brimble. Speaking after the meeting of the BOI board, Dr Atchaka elaborated that the meeting [...]

January 26th, 2010 | Posted in Business News | Read More »

BoI to extend “Thailand Investment Year”

BANGKOK, 25 January 2010 (NNT) – The Board of Investment (BoI) is extending the “Thailand Investment Year” for another year to stimulate investment after an increase in investment support from the board last year. The extension of the Thailand Year of Investment will focus on sustainable investments especially those in the alternative energy sector as [...]

January 25th, 2010 | Posted in Business News | Read More »

Industry Ministry set THB 500 bn of investing support by BOI

BANGKOK, 18 January 2010 (NNT) – The Industry Minister projected an investment value, to be supported by the Board of Investment (BOI), at 500 billion THB. Industry Minister Chanchai Chairungruang stated that in 2010 the Ministry set the goal of investment support of 500 billion THB, proposed to BOI. With BOI cooperation, all factories would [...]

January 18th, 2010 | Posted in Business News | Read More »

BOI aims THB500bn for 2010 investment figure

BANGKOK, 23 November 2009 (NNT) – The Thai Board of Investment (BOI) sets next year’s total investment target at around 500 billion baht. The BOI admits investors are concerned over the Map Ta Phut dispute but they have not yet decided on whether to relocate their production base. BOI Secretary General, Ms Atchaka Siboonrueng, said [...]

November 23rd, 2009 | Posted in Economy | Read More »