RECKLESSLY implementing populist measures could lead to Thailand being hit by a sovereign debt crisis as faced by some Latin American countries in the 1990s and Greece, Spain, and Italy during 2009-2010 while promoting investment in Myanmar may seriously endanger Thai capital and businesses venturing forth, Dr. Anusorn Thammajai, a People’s MP who staged
Tag: investment
Myanmar leader calls on Thai businesses to invest in his country
MYANMAR President Min Aung Hlaing urged Thai businesses to invest in his country assuring them of legal protection while highlighting development of deep-sea shipping at Dawei Port as a gateway to South Asia, Naewna newspaper said this afternoon (Aug. 6). Speaking at Queen Sirikit National Convention Centre as co-chair of Thailand-Myanmar Business Forum 2026
Read more4 Chinese tech companies investing big sums in Thailand: Anutin
PRIME Minister Anutin Charnvirakul said while travelling from Chengdu, Sichuan, to Beijing at 3.45 p.m. local time (an hour ahead of Thailand) today (July 19) that four major Chinese tech companies are ready to invest over 70 billion baht in Thailand creating tens of thousands of jobs, PPTVHD36 said. This follows successful discussion between
Read moreCabinet nod for issuing 5bn baht digital tokens as new fundraising channel
THE Cabinet today (May 13) approved the issuing of 5 billion baht worth of “Thailand Digital Tokens” as an alternative fundraising channel for the government with this to be available for investors in one to two months’ time, Amarin TV said. Deputy Prime Minister/Finance Minister Pichai Chunhavajira said those investing in these tokens will
Read moreFilipino couple wanted for investment fraud nabbed in Thailand
A FILIPINO couple wanted under as many as 150 arrest warrants for investment fraud were rounded up in Thailand at the request of the Philippines embassy, Naewna newspaper said. Pol. Lt. Gen. Phanumas Boonnalak, head of Immigration Police, and his team said at a press conference that there was also an Interpol red notice
Read moreSrettha rides Tesla SUV to work, to hold talks on investment soon
PRIME MINISTER Srettha Thavisin arrived at Government House in a Tesla Model Y crossover electric SUV this morning (Oct. 16) and told reporters he will be flying to the US to hold talks with Tesla Inc. on possibly investing in Thailand next month, Naewna newspaper said. Srettha said he rode a Tesla to work
Read moreSrettha to meet more American companies during Apec summit
PRIME MINISTER-cum-Finance Minister Srettha Thavisin said upon arriving at Suvarnabhumi Airport from New York at 7.30 a.m. this morning (Sep. 24) that he will be holding talks with more American companies when he joins the Asia-Pacific Economic Cooperation (Apec) summit in San Francisco during Nov. 11-17, 2023, Matichon newspaper said. While attending the 78th
Read moreGovt targets B300 bn investments in eastern corridor
The Thai government aims to boost investment in the country’s industrial east this year by 44% to around 300 billion baht, a deputy prime minister said on Monday, after a 45% drop last year due to the impact of the coronavirus pandemic. The amount would be a substantial increase over last year’s 209 billion baht
Read moreCP Group company acquires 15% stake in China’s Sinovak
HONG KONG-listed Sino Biopharmaceutical, controlled by Charoen Pokphan Group, is investing $515 million (15.4 billion baht) in Sinovak Life Sciences, a company that produces coronavirus vaccine under the brand “Coronavak,” Sanook.com quoted Japanese Nikkei news agency as saying today (Jan. 5). This investment will give Sino Biopharmaceutical a 15% stake in the Chinese firm which
Read moreNew scheme allows using credit card points to invest in mutual funds
THE Stock Exchange of Thailand (SET) unveiled its “Point to Invest” project whereby investors can use their credit card points to invest in mutual funds with this increasing opportunities to create wealth, Thai Rath newspaper reported today (Nov. 15, 2020). Dr. Pakorn Peetathawatchai, SET’s president, said making investment easily accessible to the general public as
Read moreInvestors ‘worried about politics, protests escalating’
THE Chairman of the Federation of Thai Capital Market Organizations (FETCO) warned this morning (Nov. 6) that the Thai stock market has been affected by demonstrations that have lingered for over two months now with future outlook depending on whether they escalate or not, INN News report. Mr.Paiboon Narintarangkul, FETCO’s chairman, pointed out that there
Read more