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  1. #1
    Mid
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    Thailand eases regulations to draw more Japanese investment

    Thailand eases regulations to draw more Japanese investment



    BANGKOK, March 29 (TNA) - The Thai government will amend its regulations to facilitate Japanese investment in this country, according to Mingkwan Saengsuwan, deputy prime minister and commerce minister.

    His remarks were made after he met with senior officials of the Japan External Trade Organization (JETRO) in Bangkok Friday.

    During the meeting JETRO officials expressed concern regarding Thailand's laws and regulations dealing with alien business, particularly those imposed by the previous military-installed government of prime minister Gen. Surayud Chulanont, Mr. Mingkwan said.

    In order to dispel worries, Mr. Mingkwan said he had told JETRO officials that the current Thai government would do whatever it could to smooth Japanese investment in Thailand.

    Both sides also discussed agreements under the framework of the Japan-Thailand Economic Partnership Agreement (JTEPA) and Japan-ASEAN trade, he said.

    JTEPA came into effect on Nov 1, 2007.

    According to Mr. Mingkwan, JETRO officials said that a number of Japanese investors planned to relocate their production bases to Thailand and urged the Bangkok government to ease visa and work procedures. (TNA)-E111

    enews.mcot.net

  2. #2
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    mellow's Avatar
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    Only for the Japanese?

  3. #3
    I am in Jail

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    Thailand has suked Japan's cock for years on end

  4. #4
    IV
    Wally Dorian Raffles's Avatar
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    Japan has invested a lot of money in thailand - way before other countries did they had motor and electronic factories ..to name a couple. still, the governement makes it hard for them, which is why many have thought of pulling out and moving their plants to places like vietnam - where they are welcomed with open arms, and with the baht so high, it gives them another reason. i have a feeling that this could be a case of too little too late as many companies have already made plans to pull out - the unpredictability of politics in thailand being another reason..

  5. #5
    Hansum Man! panama hat's Avatar
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    Hmm, cross-referencing . . . Thailand needs loans for their bizarre ferris wheel and other dodgy projects

  6. #6
    ding ding ding
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    Arrogantly jingoistic during the good times and bend over backwards as the bad times roll in. Not sure the Japs are gonna be too interested but we shall see....

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