The document discusses foreign investment in Thailand. A survey of 600 foreign investors in Thailand found that 99% were confident about investing in Thailand. 73% planned to maintain their investment levels while 25% planned to expand. Key factors for their confidence included infrastructure, tax rates, and logistics. The automotive industry in Thailand also promises strong growth, having been the top producer in ASEAN for years. The Thai government supports the industry through initiatives to boost eco-friendly vehicles and develop automotive clusters. Overall the survey shows foreign investors remain optimistic about Thailand's investment potential and growth prospects.
Thailand has been undoubtedly one of the most desirable places for starting businesses for more than 30 years. The continuity of policies and privileges from government agencies helped develop Thailand to become the second-biggest economy in Southeast Asia.
The Royal Thai Government recognizes the importance of sustainable economic development. Various policies have been introduced to address technological, economic and institutional challenges to move the country towards a sustainable biobased economy.
Thailand has been undoubtedly one of the most desirable places for starting businesses for more than 30 years. The continuity of policies and privileges from government agencies helped develop Thailand to become the second-biggest economy in Southeast Asia.
The Royal Thai Government recognizes the importance of sustainable economic development. Various policies have been introduced to address technological, economic and institutional challenges to move the country towards a sustainable biobased economy.
Strategically located at the heart of Asia, Thailand aptly serves investors as a dynamic gateway to a fast growing economic market. Our growing economy, world-class infrastructure, competitive human capital and strong government support, are responsible for our key position as one of the most attractive investment destinations for foreign investors.
Concept of promotion mix and process mix in service sector with special ref....Rohan Bakshi
Objectives of the Research:
There are various objectives of the research, they are as following:
♣ To establish various Promotion Mix and the Process mix of the two products,
♣ To bring out the various point of views of both Corporate Buyers and Individual Customers,
♣ To extend the Knowledge of Readers, and
♣ To bring out Relative Information from the research.
By Ms. Vorawan Norasucha, Director, Thailand Board of Investment New York Office (This is a part of "Investment Opportunities: Thailand's Innovation Ecosystem" webinar on May 13, 2021)
Asia Corporate Strategy Assessment – 10 Trends in Corporate Strategic Plannin...Team Finland Future Watch
Asia is becoming the preeminent global market and global source of competition. Multinational companies have a 5-year window in which to devise new corporate strategies in order to achieve sustainable growth and profitability in the Asian market. Report presents 10 trends for future and ongoing corporate strategies to meet the Asian challenge.
Thailand is ASEAN’s largest auto producer. Production in 2020 is 1,427,074 units, in which accounted for 50.1 percent of total production in all ASEAN countries. This is followed by Indonesia with 690,150 units or around 24.2 percent, and Malaysia with 485,186 units or around 17.0 percent.
Presentation file on "Thailand: An ASEAN Hub, A World of Opportunities" by Ms. Ajarin Pattanapanchai, Senior Executive Investment Advisor, Thailand Board of Investment, May 21, 2015 at the Royal Thai Consulate, Chicago
If you wish to set up an operation in Thailand, your best contact point is the Office of the Board of Investment (BOI), which operates under the Office of Prime Minister and is the principal government agency for attracting investment. The BOI is available to assist you in numerous ways.
- Challenged by slow economic growth versus Asia
- GDP: Consumption-driven GDP
- Dragged down by weak earnings and moderately expensive
- Health Care is the only sector with positive 3mth return
Strategically located at the heart of Asia, Thailand aptly serves investors as a dynamic gateway to a fast growing economic market. Our growing economy, world-class infrastructure, competitive human capital and strong government support, are responsible for our key position as one of the most attractive investment destinations for foreign investors.
Concept of promotion mix and process mix in service sector with special ref....Rohan Bakshi
Objectives of the Research:
There are various objectives of the research, they are as following:
♣ To establish various Promotion Mix and the Process mix of the two products,
♣ To bring out the various point of views of both Corporate Buyers and Individual Customers,
♣ To extend the Knowledge of Readers, and
♣ To bring out Relative Information from the research.
By Ms. Vorawan Norasucha, Director, Thailand Board of Investment New York Office (This is a part of "Investment Opportunities: Thailand's Innovation Ecosystem" webinar on May 13, 2021)
Asia Corporate Strategy Assessment – 10 Trends in Corporate Strategic Plannin...Team Finland Future Watch
Asia is becoming the preeminent global market and global source of competition. Multinational companies have a 5-year window in which to devise new corporate strategies in order to achieve sustainable growth and profitability in the Asian market. Report presents 10 trends for future and ongoing corporate strategies to meet the Asian challenge.
Thailand is ASEAN’s largest auto producer. Production in 2020 is 1,427,074 units, in which accounted for 50.1 percent of total production in all ASEAN countries. This is followed by Indonesia with 690,150 units or around 24.2 percent, and Malaysia with 485,186 units or around 17.0 percent.
Presentation file on "Thailand: An ASEAN Hub, A World of Opportunities" by Ms. Ajarin Pattanapanchai, Senior Executive Investment Advisor, Thailand Board of Investment, May 21, 2015 at the Royal Thai Consulate, Chicago
If you wish to set up an operation in Thailand, your best contact point is the Office of the Board of Investment (BOI), which operates under the Office of Prime Minister and is the principal government agency for attracting investment. The BOI is available to assist you in numerous ways.
- Challenged by slow economic growth versus Asia
- GDP: Consumption-driven GDP
- Dragged down by weak earnings and moderately expensive
- Health Care is the only sector with positive 3mth return
CONNECTING THAILAND'S DIGITAL ECONOMY | Unused Spectrum Capacity, MVNOs and D...YOZZO
This paper, highlights the vast unused telecom network capacity set aside for Mobile Virtual Network Operators #MVNO in Thailand, due to reluctance from the mobile network operators, AIS, Dtac and True, to accept these on their networks.
The introduction of MVNOs in Thailand six years ago has not succeeded in laying the foundation to ensure innovation, the achievement of the broader industry and national economic objectives. The MVNOs has been tethered with the legacy infrastructure and thinking behind the conventional mobile operator services.
However, there are lessons to be learned, and first lesson is - a new approach is needed.
Therefore, we suggest a few additions to the National Broadcasting and Telecommunications Commission’s (NBTC) notification regarding network capacity and obligations for Mobile Virtual Network Operators (MVNO) in Thailand.
We also propose a one-stop shop, who acts as an enabler for the digital economy, MVNO / M2M / IoT service providers, e.g. matching the demand, with the supply of unused MVNO capacity from the telecom operators, and thereby creating a win/win for all stakeholders in the ecosystem.
¹ MVNO Definition: http://www.yozzo.com/mvno-wiki/mvno-definition
² The History of MVNO | http://www.yozzo.com/mvno-wiki/the-history-of-mvno | August 2016 | Yozzo.com
³ Why MVNOs in Thailand have failed: http://www.yozzo.com/news-and-information/mvno-mobile-operator-s/why-mvnos-in-thailand-have-failed
Trends in Asia Pacific’s MVNO market | Telecoms World Asia 2017YOZZO
Presentation given at the Telecoms World Asia 2017 event in Bangkok 21-22 March. Speaker: Allan T. Rasmussen, Managing Director, Yozzo Co., Ltd.
What’s driving MVNO growth in the region?
Where are new markets and opportunities?
Catering to the region’s diverse population – factors for success
For 18 years, Carriers World Asia has been an annual platform for leading international carriers, operators, authorities and suppliers to meet, learn and create fruitful business partnerships for the betterment of wholesale revenue and growth. With the dawn of a digital era, it’s become imperative for telecoms operators to undergo a top-down transformation to survive and thrive in an age of disruptive technology, business models and new competitors.
In 2017, Carriers World Asia was re-branded to Telecoms World Asia introducing to other tracks under the umbrella: Networks and Digital Transformation.
View our MVNO SERVICE PRESENTATION for an easy read on some of the MVNO services we offer
★ MVNO/MNO NEGOTIATIONS
✓ Negotiation of MVNO wholesale agreement
✓ Negotiation of additional terms
✓ Contract review and advice
★ PRODUCT AND SALES PLANNING
✓ Product/Service Planning
✓ Market Segmentation and data
✓ Market forecasts and modelling
✓ Marketing Planning and costing
★ DEVELOPMENT OF BUSINESS PLAN
✓ Corporate Strategy
✓ Financial planning and modelling
✓ Investment analysis
✓ Operation planning
✓ Product and Marketing
★ LICENSE APPLICATION
✓ Advise and experience in relation to submitting for MVNO license
✓ Business planning and modelling with a focus on the application
✓ Preparation of License Application documentation as required by the telecom regulator
★ MVNO WORKSHOP
For more information please visit: www.yozzo.com
Yozzo's annual free report and info graphic with: Figures, tables, information and statistics about Thailand's Telecom Market end of 2015 ★
✔ Blended MOU
✔ Blended ARPU
✔ MVNO in Thailand
✔ 4G subscribers in Thailand
✔ Mobile Revenue per/minute
✔ AIS Highlights end of 2015
✔ DTAC Highlights end of 2015
✔ True Move Highlights end of 2015
✔ Mobile Internet usage in Thailand
✔ Thailand’s Mobile Subscriber Growth
✔ Smartphone sales in Thailand 2015
✔ Mobile Operator Market Shares 2015
✔ Amount of smartphone users in Thailand
✔ Types of Internet connections in Thailand
✔ Thailand’s Mobile user’s consumption and more…
¹ MVNO Definition: http://www.yozzo.com/mvno-wiki/mvno-definition
² The History of MVNO | http://www.yozzo.com/mvno-wiki/the-history-of-mvno | August 2016 | Yozzo.com
³ Why MVNOs in Thailand have failed: http://www.yozzo.com/news-and-information/mvno-mobile-operator-s/why-mvnos-in-thailand-have-failed
✔ ส่วนแบ่งการตลาดของบริการโทรศัพท์เคลื่อนที่ (ร้อยละ) : MOBILE MARKET SHARE %
✔ จำนวนผู้ใช้บริการโทรศัพท์เคลื่อนที่ (MOBILE SUBSCRIBERS)
✔ สัดส่วนรายรับของผู้ให้บริการในตลาดบริการโทรศัพท์เคลื่อนที่ ( MOBILE REVENUE % )
✔ อัตราการขยายตัวของผู้ใช้บริการโทรศัพท์เคลื่อนที่ (ร้อยละ) : MOBILE GROWTH RATE %
✔ อัตราการเข้าถึง (การใช้) บริการโทรศัพท์เคลื่อนที่ : MOBILE PENETRATION
✔ รายรับเฉลี่ยจากบริการโทรศัพท์เคลื่อนที่โดยรวมการเชื่อมต่อ (บาท/เลขหมาย/เดือน) : MOBILE ARPU EXCLUDED IC
✔ MOBILE MOU (MINUTE/MONTH)
✔ รายรับเฉลี่ยจากการให้บริการโทรศัพท์เคลื่อนที่ต่อนาที : MOBILE REVENUE PER MINUTE (RPM)
✔ สัดส่วนบริการเสียงและไม่ใช่เสียง (Mobile Non-voice/Voice Ratio)
✔ จำนวนผู้ใช้บริการโทรศัพท์ประจำที่ (Fixed Line Subscribers)
✔ สัดส่วนการเข้าถึง (การใช้) บริการโทรศัพท์ประจำที่ต่อจำนวนประชากร (ร้อยละ) : Fixed Line Penetration per Population %
✔ สัดส่วนการเข้าถึง (การใช้) บริการโทรศัพท์ประจำที่ต่อจำนวนครัวเรือน(ร้อยละ) : Fixed Line Penetration per Household %
✔ เปรียบเทียบสัดส่วนจำนวนผู้ใช้บริการระหว่างโทรศัพท์เคลื่อนที่
Consultation with APEC Member states and World Bank at APEC-World Bank-Australia Workshop on Investment Promotion and Policy in Kuala Lumpur, 18-19 June 2019
Determinants of Foreign Direct Investment in Nigeriaijtsrd
Extant literature is replete with the benefit of attracting Foreign Direct Investment FDI into an economy, it not only provides developing countries with the much needed capital for investment it also enhances job creation, managerial skills as well as transfer of technology. However, attracting and sustaining FDI inflow in Nigeria have remained a teething problem. This study therefore examined the determinants of foreign direct investment in Nigeria. Specifically the study provides empirical evidence on the influence trade openness, market size, infrastructure, human capital, labour force, natural resources, exchange rate and inflation rate on Foreign Direct Investment FDI in Nigeria using an econometric regression technique of the Ordinary least square OLS . The findings of the study also show that trade openness, market size, infrastructure, exchange rate and inflation rate are statistically significant in explaining the foreign direct investment in Nigeria while human capital, labour force and natural resources are statistically insignificant in explaining the growth of foreign direct investment in Nigeria. The study recommends that The government should make polices that will create a business friendly environment to attract FDI inflows in economy. The government should provide the needed leadership and also ensure political stability in the country. This will attract investors to take the advantage of the market size of the country to FDI into the economy. The government should make policies that will favour trade openness. Trade openness is found to be factor that attracts investors invest in the country. This is lesser barriers to trade encourages investment and the government should provide the needed infrastructure. Necessary infrastructures that will reduce the cost of doing business should be the watch word of every government. Dibua, Emmanuel Chijioke | Edoko, Tonna David | Onwuteaka, Ifeoma Cecilia "Determinants of Foreign Direct Investment in Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-3 | Issue-5 , August 2019, URL: https://www.ijtsrd.com/papers/ijtsrd25293.pdfPaper URL: https://www.ijtsrd.com/management/public-sector-management/25293/determinants-of-foreign-direct-investment-in-nigeria/dibua-emmanuel-chijioke
THAILAND INVESTMENT REVIEW. APRIL 2018.Peerasak C.
THAILAND TAKING OFF
TO NEW HEIGHTS
With Thailand’s journey towards fulfilling its 4.0 vision now gathering pace and soaring high, one of
the Thailand Board of Investment’s most important public events of the year took place on March 19,
2018 under the celebratory tagline “Thailand Taking off to New Heights”.
Foreign Direct Investment. Political Economic Digest Series - XVIAkash Shrestha
In this issue, we will be discussing about Foreign Direct Investment (FDI).
Foreign Direct Investment has been a very productive tool for the economic growth of many countries. Recently after the government made the decision to celebrate 2012/13 as investment year and after the agreement with India i.e. Bilateral Investment Promotion and Protection Agreement, the topic of Foreign Direct Investment has been highly discussed among the lawmakers, policymakers and general public. The examples provided in this issue of different countries regarding FDI has shown how the growth rate is positively affected by the investment from outside the country.
Tax Incentives and Foreign Direct Investment in Nigeriaiosrjce
Given the significance of Foreign Direct Investment (FDI) to economic growth and the use of tax
incentives as a strategy among government of various countries to attract FDI, this study examines the influence
of tax incentives in the decision of an investor to locate FDI in Nigeria. Data were drawn from annual statistical
bulletin of the Central Bank of Nigeria and the World Bank World Development Indicators Database. The work
employs a model of multiple regressions using static Error Correction Modelling (ECM) to determine the time
series properties of tax incentives captured by annual tax revenue as a percentage of Gross Domestic Product
(GDP)and FDI. The result showed that FDI response to tax incentives is negatively significant, that is, increase
in tax incentives does not bring about a corresponding increase in FDI. Based on the findings, the paper
recommends, amongst others, that dependence on tax incentives should be reduced and more attention be put on
other incentives strategies such as stable economic reforms and stable political climate.
The Policy Framework for Investment is a comprehensive and systematic tool for improving investment conditions. This brochure explains what it is, how it works and who is using it.
More tools and information are available online at www.oecd.org/investment/pfi.htm
“Growth and comfort
do not co-exist”1
The world economy continues its transformation as
companies’ global operating footprints evolve based
on new opportunities, challenges and technology.
With growing political uncertainty, as well as new risks
and disruption ushered in by evolving technologies,
companies have to navigate an increasingly complex
international operating environment. This tenth edition
of IBM’s Global Location Trends report outlines the
latest trends in corporate location selection and how
today’s global dynamics influence where companies
locate, expand their businesses and create jobs
around the world.
China Investment Environment - Start-up/Growth Company Finance Market in Chin...Team Finland Future Watch
Report summarizes the start-up and growth company finance market in China. The report consists of analysis and views of the present state of the start-up/growth company finance market in China as well as views of the future trends and implications of those. Then, advise to the Finnish public sector, companies and VCs is provided.
The Guide to the Board of Investment was prepared by the Office of the Board of Investment to provide information regarding investment promotion, including benefits and privileges, list of eligible activities, related announcements and, also, investment promotion application’s criteria and conditions.
The guide provides an overview of the business environment in Thailand, with information about company establishment, taxation, intellectual property rights, and legal issues.
Presented by Asst. Prof. Nayot Kurukitkoson, PhD, Executive Committee of the EEC Human Development Center, and Vice President for EEC Affairs, Burapha University, on March 16, 2023
Thailand has an extensive innovation network made up of various supporting parties, from government bodies, the private sector, to venture capital and other organizations including research laboratories and academic institutions.
Thailand is the perfect second home for expats. The country was ranked 14th out of 59 global locations with the nation’s capital Bangkok placing 4th in Asia in the Expat City Ranking 2021,5 with the majority of expats expressing satisfaction with the cost of living and their quality of life in Thailand.
The Guide to the Board of Investment was prepared by the Office of the Board of Investment to provide information regarding investment promotion, including benefits and privileges, list of eligible activities, related announcements and, also, investment promotion application’s criteria and conditions.
Thailand is introducing a new visa called “Long-Term Resident (LTR )” which is a program that provides a range of tax and non-tax benefits to enhance the country’s attractiveness as a regional hub for living and doing business for high potential foreigners.
Presented by Mr. Varghese Poulouse Nalian, President & General Manager of Performance Additives Business, Momentive Performance Materials (Thailand), on June 29, 2022
This measure is aimed to promote investment in targeted activities in three provinces – Chachoengsao, Chon Buri, and Rayong, as well as to encourage private sector to participate in human resource development. As EEC development is part of the policy to drive Thailand towards Thailand 4.0, investors in the targeted activities located in designated areas or in promoted industrial estates/industrial zones, or the investors involved in the human resource development in the EEC will enjoy additional tax incentives, apart from a standard tax package.
Thailand is introducing a new visa under "Long-Term Resident (LTR)" program, which provides a wide range of tax and non-tax benefits to enhance the country's attractiveness as a regional hub for living and doing business for "high-potential" foreigners.
More from Thailand Board of Investment North America (20)
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Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s DholeraAvirahi City Dholera
The Tata Group, a titan of Indian industry, is making waves with its advanced talks with Taiwanese chipmakers Powerchip Semiconductor Manufacturing Corporation (PSMC) and UMC Group. The goal? Establishing a cutting-edge semiconductor fabrication unit (fab) in Dholera, Gujarat. This isn’t just any project; it’s a potential game changer for India’s chipmaking aspirations and a boon for investors seeking promising residential projects in dholera sir.
Visit : https://www.avirahi.com/blog/tata-group-dials-taiwan-for-its-chipmaking-ambition-in-gujarats-dholera/
Digital Transformation and IT Strategy Toolkit and TemplatesAurelien Domont, MBA
This Digital Transformation and IT Strategy Toolkit was created by ex-McKinsey, Deloitte and BCG Management Consultants, after more than 5,000 hours of work. It is considered the world's best & most comprehensive Digital Transformation and IT Strategy Toolkit. It includes all the Frameworks, Best Practices & Templates required to successfully undertake the Digital Transformation of your organization and define a robust IT Strategy.
Editable Toolkit to help you reuse our content: 700 Powerpoint slides | 35 Excel sheets | 84 minutes of Video training
This PowerPoint presentation is only a small preview of our Toolkits. For more details, visit www.domontconsulting.com
Affordable Stationery Printing Services in Jaipur | Navpack n PrintNavpack & Print
Looking for professional printing services in Jaipur? Navpack n Print offers high-quality and affordable stationery printing for all your business needs. Stand out with custom stationery designs and fast turnaround times. Contact us today for a quote!
3.0 Project 2_ Developing My Brand Identity Kit.pptxtanyjahb
A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Attending a job Interview for B1 and B2 Englsih learnersErika906060
It is a sample of an interview for a business english class for pre-intermediate and intermediate english students with emphasis on the speking ability.
Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
www.seribangash.com
Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
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LA HUG - Video Testimonials with Chynna Morgan - June 2024Lital Barkan
Have you ever heard that user-generated content or video testimonials can take your brand to the next level? We will explore how you can effectively use video testimonials to leverage and boost your sales, content strategy, and increase your CRM data.🤯
We will dig deeper into:
1. How to capture video testimonials that convert from your audience 🎥
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3. How you can capture more CRM data to understand your audience better through video testimonials. 📊
[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
2. THAILAND INVESTMENT REVIEW02
December
2015
TIR
boi net application (jan - nov 2015)
BY ECONOMYBY ECONOMY
BY target sector
TOTAL INVESTMENT
959 Projects
5,461 m
Digital
83 Projects
28 M
logistics
-
-
human resource
2 Projects
1 M
environment
2 Projects
14 M
value-added
agriculture
15 Projects
231 M
Intl. Business Hub
104 Projects
60 M
tourism
3 Projects
7 M
science, tech
& innovation
60 Projects
163 M
Alternative Energy
26 Projects
436 M
Other target sectors : 4 projects (34 M)
TOTAL Foreign
INVESTMENT
513 Projects
2,618 M
usa
17 projects
193 m
netherlands
16 projects
43 m china
52 projects
370 m
thailand
singapore
74 projects
465 m
malaysia
14 projects
35 m
indonesia
2 projects
439 m
hong kong
28 projects
103 m
TAIWAN
24 projects
71 m
JAPAN
156 projects
789 m
SOUTH KOREA
21 projects
47 m
page
BOI Net Application 02
Cover Story :
Foreign Investors Confident About Investing In Thailand 03-04
Industry Focus :
Thailand Automotive Industry Promises Strong Growth Prospects 05-06
Company Interview :
Summit Auto Body Credits Success To Strong Work Ethics 07-08
News Bites 09
Celebrating the 10th Edition of Subcon Thailand 09
BOI's Missions and Events 10
Thailand Economy-At-A-Glance 11
About BOI 12
Unit : US$ (US$ = 35.98 THB )
Note: Investment projects with foreign equity participation from more than one country are reported in the ¿gures for both countries /
Statistics on net applications are adjusted whenever applications are returned to applicants due to insuf¿cient information.
CONTENT
TIR
DECEMBER 2015
3. THAILAND INVESTMENT REVIEW 03
december
2015
TIR
cover story
Foreign Investors Confident About
Investing In Thailand
Thailand still a trending
investment destination
Arecent survey by the Board
of Investment (BOI) proves
Thailand’s continued attractiveness as
a promising investment destination for
foreign investors. The BOI assessed
foreign investors’ con¿dence levels
and their investment plans for the
year 2015-2016. Not only did the
survey bring signi¿cant information
about investors’perceptions to light,
but it also provided vital data about
Thailand’s investment atmosphere
in general.
Thailand’s investment scene does
offer cause for optimism. In spite
of the ¿nancial crisis that gripped
the world from 2006-2009, foreign
direct investments (FDI) in Thailand
from 2005-2013 revealed an upward
trend. The Gross Domestic Product
(GDP) was on the rise for 2015;
the Government’s expenditure
on infrastructure investment and
transportation development are some
of the key factors driving this growth.
Foreign Investors UpbeatForeign Investors Upbeat
About InvestingAbout Investing
Atotalof600companiescompleted
the survey with Japanese companies
accounting for the 56% of the
respondents. 99% of the
surveyed companies
were registered under
the BOI while 1%
were not.The results
of the survey were quite
positive.
Only a small group,
roughly 2% of the
investors surveyed,
intendtocutdownontheirinvestments.
The BOI also identi¿ed the important
factors critical to a foreign investor’s
decision-making process inducing
them to either maintain or increase
their investments. The availability
of suf¿cient suppliers, raw materials
and parts, overall infrastructure,
reasonable corporate income tax and
the good quality of transportation and
logistics were found to be the most
impactful factors.
Foreign investors were also very
positive about Thailand’s
investment climate.
They experienced
almost all the key
factors identi¿ed
above as being
quite supportive,
along with the
privileges they
obtained from Free
Trade Agreements
(FTA). In a comparative
scoring of supportive investment
factors in all the ASEAN countries,
Thailand ranked ¿rst as the country
that was most supportive of foreign
investment, followed by Malaysia
and Indonesia.
Awhopping
73%oftheforeign
investorssurveyed,intend
tomaintaintheirinvestment
levelswhile25%intend
toexpandontheir
investment
4. THAILAND INVESTMENT REVIEW04
December
2015
TIR
Investors Content WithInvestors Content With
BOI’s New PoliciesBOI’s New Policies
The BOI also assessed
foreign investors’ satisfaction
levels on the new seven-
year investment promotion
strategy, effective from 2015
to 2021. The majority of the
foreign investors surveyed
expressed their content with
the new investment promotion
policies.
Investors were satis¿ed with
the supportive investment promotions,
the bene¿cial investment incentives
and the ample bene¿ts they obtained
from the new strategy. Regarding BOI
measures, the incentives offered by the
BOI received the highest satisfaction
score, followed by the one-stop service
center for visas and work permits and
the One-Start-One-Stop investment
center (OSOS). They were also
pleased with the speed of the OSOS's
services, such as stamping visas and
issuing work permits. Investors were
also content with the overall quality
of the BOI's services as well as the
integrity of the BOI staff.
An In-Depth Look RevealsAn In-Depth Look Reveals
Key FindingsKey Findings
The survey assessed foreign
investors’ con¿dence levels by
calculating their Business Sentiment
Index based on total revenue, domestic
sales, international sales, pro¿ts
and liability. The results revealed
the investors belief that their total
revenue and pro¿ts would increase in
2015 compared to 2014, while their
liabilities decreased.
Regarding investing in special
economic zones (SEZs), 4.3% of
the companies surveyed intend to
invest in the SEZs being developed
in 5 provinces: Tak, Mukdahan,
Sa Kaeo, Trat and Song Kha.
Of the 600 companies, 25 were
further interviewed in-depth on
other aspects such
as political
stability,
economic
factors and
integration
i n t o t h e
A S E A N
Economic
Community
(AEC). Most of the
companies stated that their overall
operations were not affected by the
economic factors in Thailand as they
obtained their revenue from abroad.
They were also very positive about
becoming part of the AEC and the
subsequent opportunities it would
open up.
For instance, investors look
forward to being able to use Thailand
as a solid production base for business
operations inASEAN and expanding
their market. They also expect it
to offer them more convenience in
terms of coordinating with business
partners, customers and prospective
clients based abroad.
Regarding political stability, many
of the investors stated that the political
situation under the National Council
for Peace and Order (NCPO) didn’t
have any adverse impact on their
investment plans. Given the NCPO’s
enactment of several supportive
policies, investors are con¿dent of
Thailand’s political and economic
well-being under its management.
Some investors also expressed their
con¿dence in existing government
policies that support research and
development.
Overall, the majority of the foreign
investors surveyed were eager to
continue investing and maintaining
their investments in Thailand. The
results clearly demonstrate their strong
con¿dence not only with respect to
investments but also with respect to
Thailand as an investment destination.
On its part, the BOI plans to continue
to improve on its investment policies
and services in order to offer foreign
investors more enticing prospects that
also bene¿t the Thai economy.
The most favored
policies were found to
be those that promoted
environmentally friendly
activities, boosted national
competitiveness and
enhanced Thai overseas
investments
Total Revenue 3.63
Domestic Sales 3.51
International Sales 3.57
Profits 3.45
Liability 2.78
Total Investment 3.14
*Q.9-Please rate your expectation of
operation performance for this year 2015
and next year 2016 (a score of 1-5)
Economic
Situation
BSI Index
Total Revenue
Domestic Sales
International Sales
Profits
Liability
Total Investment
0% 20% 40% 60% 80% 100%
4% 10% 26% 40% 20%
4% 12% 31% 33% 19%
5% 11% 29% 34% 22%
6% 15% 26% 38% 17%
9% 25% 49% 12% 5%
3%5% 72% 16% 4%
Decrease more than 10% - score 1
Decrease less than 10% - score 2
Increase more than 10% - score 4
Increase less than 10% - score 5
same as last year score 3
Source: BOI's 2015 Foreign Investors' Confidence Survey
Foreign Investors' Confidence 2015
5. THAILAND INVESTMENT REVIEW 05
december
2015
TIR
industry focus
Thailand is
positioning itself as
a global green automotive
production base with strong
domestic supply chains that
create high added value by
the year 2021
Thai Automotive Industry Promises
Strong Growth Prospects
Thailand occupies a prominent
position as a key vehicle manufacturer.
With its reputation as theAutomotive
Hub of ASEAN, the country offers
fantastic prospects for growth with
a world-class production base, vast
set of consumers and an expanding
automotive export market. This year’s
outlook is promising, with excellent
opportunities in international sales
and sourcing. The Thai automotive
industry ranked 12th
globally for motor
vehicle production (2014) and 5th
for
global motorcycle production (2014).
With interesting incentives on offer
for strengthening the country’s value
chain and the development of eco-cars,
the automotive industry is de¿nitely
on the rise.
In 2014, 1.88 million cars were
produced in Thailand, according to the
ThaiAutomotive IndustryAssociation.
Recent ¿gures forecast a robust growth
with a 6% year-over-year (y-o-y)
increase in car production, reaching
2 million cars in 2015. Thailand’s
export target for 2015 is 1.20 million
vehicles. The thriving production
is largely due to the 1 ton pickup
truck, which is a product champion,
consisting of more than half of the
production base (51%). Interestingly,
the eco-car is also gaining a strong
presence, thanks to intensive
government support, accounting for
19% of total production. With an
11% y-o-y increase in production for
motorcyclesandaprojectedproduction
¿gure of 2 million motorcycles in
2015, the future looks quite bright
for this segment too.
Thailand Captures
The Number One Position
In ASEAN
Thailand’s active participation
withinASEAN has opened numerous
opportunities in various industries,
including the automotive industry.
In 2014, the ASEAN community
produced 4 million vehicle units,
with domestic sales amounting
to 3.2 million units. These ¿gures
represent an impressive double-digit
Compound Annual Growth Rate
(CAGR) growth of over 14% in
production and 10% in domestic sales
through the past 5 years, with strong
production capabilities and an equally
strong demand being responsible for
this rise.
Thanks to its solid automotive
supply chain and a strong production
base, it’s no surprise that Thailand
is considered to be the number one
automotive production base in
ASEAN.Thailand has single-handedly
contributed signi¿cantly towards the
ASEAN automotive industry with
its 1-ton pickup,
making offwith
a striking
47% of the
regional
share of
automotive
production
in 2014. This
successful trend
is expected to continue through
2015, with Thailand’s projected
1994
1997
2001
2004
2007
2010
2013
1995
1998
2001
2005
2008
2011
2014
1996
1999
2003
2006
2009
2012
2015f
0.00
0.50
1.00
1.50
2.00
2.50
3.00
Thailand Car Production (1994-2015f)
(In Million Units)
Tom Yam Kung Crisis
Hamburger Crisis
Thailand Flood
6%
Source : The Thailand Automotive Industry Association (TAIA)
6. THAILAND INVESTMENT REVIEW06
December
2015
TIR
contribution hitting 49% of total
ASEAN production.
What’s Over The Horizon
The automotive industry has
always been a cornerstone for
Thailand and its prospective future
looks promising with support from the
government in the form of a structured
plan. The Master plan ranging from
2012-2016 lays out a vision for the
automotive industry projecting it as
“a global green automotive production
base with strong domestic supply
chains that create high added value”
by the year 2021. The government has
implemented numerous initiatives,
including those that support eco-car
development, to help the country
attain this goal.
The eco-car development phase
II is expected to boost the
country’s production
capabilities and enhance
its competitiveness.
Automakers can expect
to be granted incentives,
when they develop eco-
cars that satisfy certain
criteria, including adopting
Euro 5 emission standards, an
average fuel consumption ¿gure
of 4.3 liters/100 kilometers, an
average CO2 emission of 100 grams/
kilometer and the relevant safety
standards. The country looks likely
to maintain its competitive position
with regard to these ef¿cient and
environmentally safe eco-
cars, maintaining a strong
standing in this area.
The Super Cluster
Project is another key
initiative that supports
the development of the
automotive and supplier industry
in Thailand.
It proposes strengthening the value
chain and increasing investment
capacity for current and new investors,
as well as expanding business
growth in upcountry provinces
and small medium enterprises.
The 7 targeted provinces include
Ayutthaya, Patum Thani, Chonburi,
Rayong, Chachoengsao, Prachin
Buri and Nakhon Ratchasima. Under
this new policy the production of
motorcycles (more than 248 CC),
engines, tires and other important parts
which have no to low production are
given high consideration.
Putting It All Together
As the automotive industry
races forward, Thailand’s global
and regional position looks strong.
The country is a regional vehicle
production and export base for
some of the world’s best carmakers.
With support being offered for the
production of eco-cars and the Super
Cluster project initiative, Thailand
looks set to meet its production target
of 3 million cars in 2017. Current
and prospective investors can look
forward to being supported by well-
developed policies and a steady growth
in both the demand and supply side
of the industry.
Thailand
Malaysia
Vietnam
Philipines
Indonesia
Thailand Car Production (1994-2015f)
passenger car
Motorcycle
Auto parts
MPV, LCGC
The Eco-car
is expected to be the
main driver in Thailand
reaching a milestone
production figure of
3millioncarsin2017
ASEAN
Source: Thailand Automotive Institute (TAI)
Total Production : 4.0 million units
Total Sales : 3.2 million units
Car production quantity (in million units)
Product Champion
From its infancy, consisting of a single automotive assembly plant in 1961, the
Thai automotive industry has grown to be a mature world-class production center
with nearly all of the world’s leading automakers, assemblers and component
manufacturers, establishing operation bases in the country.
Thailand is considered to be an ideal automotive hub for many reasons.Apart
from its prime geographical position within theAsian market, the country has also
networked with numerous Free TradeAgreements to enhance its competitiveness
and is fully equipped with a highly skilled, low-cost workforce.
Strong government support has reinforced Thailand’s commitment towards its
automotive industry. Numerous initiatives such as the eco-car and the development
of the Super Cluster Project are taking Thailand’s automotive industry towards
exciting new horizons.
Why Thailand ?
Car sales quantity (in million units)
1.9
0.1
0.1
0.6
1.3
0.2
0.1
0.7
1.2
0.9
1-ton pickup (transmission)
7. THAILAND INVESTMENT REVIEW 07
december
2015
TIR december
2015
company interview
Summit Auto Body
Credits Success To
StrongWorkEthics
There is hardly anyone in the automotive industry
who has not heard of the multibillion dollar automotive
business Summit Auto Body Industry Co., Ltd. (SAB)
based in Samut Prakan. Owned by the Summit Group,
the business was established in 1972 by Mr. Sunsurn
Jurangkool who started out by operating a small shop
to repair motorcycle seats.
From that humble beginning, the Summit Group,
has in the span of a few decades, become the largest
Thai producer of motorcycle seats, automotive interiors
and body parts in the country. Not only does it have
a solid reputation as one of the top suppliers in Thailand’s
automotive industry, but it also plays a crucial role
in continuously driving the local automotive parts industry
forward.
SAB Thrives Amid Increasing CompetitionSAB Thrives Amid Increasing Competition
In an interview, Mr. Kornkrit Jurangkool, Mr. Sunsurn’s
son and the Managing Director of SAB, shared his
insights with us, regarding the Thai automotive industry.
Currently, SAB has manufacturing plants in four provinces
in Thailand: Samut Prakarn, Chonburi, Rayong and
Ayudhaya and they have expanded further by establishing
a manufacturing plant in neighboring Indonesia.
Mr. Jurangkool presently handles numerous joint venture
projects with over 20 foreign companies, a great majority
of them being Japanese. In spite of increasing competition,
partly due to the large number of foreign competitors
who have entered the automotive space, SAB’s total sales
for the year 2015 in the automotive section alone reached
almost THB 20 billion (USD 555.9 million), excluding
sales from joint venture projects.
The company has also been expanding its activities
to include other sectors, such as logistics, golf clubs and
hotels. Mr. Jurangkool and his team have been able to
retain SAB’s leading position amid a challenging business
environment over decades, through their unyielding
commitment to their clients while maintaining trusted,
long-term relationships with them.
SAB has also focused on enhancing its core business
competency through quality and technology advancement.
Mr. Jurangkool elaborated on the factors that enabled him
to incessantly move the company forward, continuously
developing and sustaining its position as a prominent
Thai-owned company in a truly competitive space ¿lled
with multi-national players.
8. THAILAND INVESTMENT REVIEW08
December
2015
TIR
SAB Redefines Its ApproachSAB Redefines Its Approach
Their successful business approach, according to
Mr. Jurangkool, can be summed up in three small
letters - QCD: Quality, Cost and Delivery. However,
Mr. Jurangkool believes that this approach may no longer
be enough by itself. To stay ahead, SAB is focusing
on creating a stronger foundation in another vital area,
namely development.
So far, the company has invested over THB 500 million
in its research and development arm. The Summit Auto
Body’s exhaust system testing and calibration center is
the largest of its kind in SoutheastAsia. Quite in contrast
with Thailand’s overall relatively lesser technology-
heavy investment, SAB is of the view that long-term
growth depends on the procurement and utilization
of high technology, as well as being dedicated to product
development.
Besides focusing on areas such as effective management,
human resources and skilled labor development,
Mr. Jurangkool favors cooperating with foreign design-
specialized ¿rms to boost SAB’s capacity and to further
differentiate the company from other local producers.
While most Thai auto parts producers only specialize
in manufacturing, SAB has taken a leap into the design
realm. SAB’s product champion is its well-known exhaust
system; the company was responsible for creating 95%
of the design. The ¿rm is proud to be a Thai automotive
producer that is also capable of designing auto parts.
SAB believes that it is important to expand into a new
area to maintain an edge in the industry. In the second
quarter of 2015, the country was known for being the
world’s 12th
largest automotive parts producer and the
largest in Southeast Asia.
Mr. Jurangkool expects Thailand to continue to be one
of the most important automotive investment hubs in
the region, due to its strong supplier networks, supportive
infrastructure and logistics and its expertise in the industry.
The Thai government has continued to offer its support
by consistently prioritizing the automotive sector as
one of the key industries to drive the local economy.
Avariety of inclusive and transparent investment promotion
incentives, have also been offered to both Thai and
foreign investors alike.
With respect to workforce development, the shortage
of skilled labor is hardly a new issue; all related sectors
need to work hand in hand, according to Mr. Jurangkool,
in order to address the problem.
School curriculums need to be updated and adjusted
for graduates to be work-ready, as businesses can’t afford
to train workers right from the very start, he added.
SABinternsvocationalschoolinstructorsatitssites,forthem
to get ¿rst-hand experience and better understand the needs
of the industry.
With Summit Auto Body’s efforts to maintain
exceptional quality standards and enhance its performance
with advanced technologies, it can expect to be a major
player in the automotive market for a long time to come.
Under its Cluster development policy, the BOI offers
numerous advantageous incentives for automotive projects
that are located in 7 provinces, as long as they fall within
the Board-speci¿ed eligible activities. Some of the
investment promotion incentives proposed for projects
under Super Clusters include an 8-year corporate income
tax exemption and an additional 5-year reduction of 50 %,
import duty exemption on machinery, and permission
for foreigners to own land.
“Thailand needs to focus on
developing the vocational and
technical education sectors to
betterfacilitateindustrialgrowth,”states Mr. Jurangkool
9. THAILAND INVESTMENT REVIEW 09
december
2015
TIR
NEWS BITEs
Import Duty Cut in Pipeline
In a bid to strengthen the country’s competitiveness, the Finance Ministry plans to cut the import duty
on up to 1,000 items, according to the Fiscal Policy Of¿ce (FPO), with intermediate and ¿nished goods being
targeted ¿rst. Import duty on 700 out of 1,000 items will be cut initially, with the remaining items being under
the Finance Ministry’s consideration. Imported raw materials and capital goods are exempt under the new
structure, while intermediate goods and ¿nished products will be charged 3% and 7-10%, respectively.
The announcement is expected in early 2016.
10-Billion THB to Support 10-Targeted Industries
Anew law is being drafted to establish a 10-billion THB fund to support investment in 10 targeted industries
considered to be economic growth drivers, in order to provide extra privileges and attract more investors.
Targeted industries include next-generation cars, smart electronics, medical & wellness tourism, agricultural
& biotechnology, biofuel & biochemical, foods, robotics for industry, logistics & aviation, digital and medical.
The fund could offer operators seed money, cheap loans and an extended period for income tax exemption or
cut personal income tax to zero or 15% for renowned specialists.
Cabinet Approves Action Plans for 20 Infrastructure Projects
The cabinet has approved an action plan for 20 infrastructure projects worth a combined total of 1.79
trillion THB. Six projects costing 186 billion THB have already been approved by the cabinet namely
(1) the one-meter-gauge double-track rail network linking the Jira intersection in Nakhon Ratchasima to
Khon Kaen; (2) the Pattaya-Map Ta Phut motorway; (3) Bang Pa In-Saraburi-Nakhon Ratchasima motorway;
(4) development of the Laem Chabang deep-sea port; (5) container terminal development of Laem Chabang;
and (6) the second phase of Suvarnabhumi airport’s expansion. Bidding is expected to start on the other
14 projects, with construction beginning in 2016 and 2017.
The Thailand Board of Investment Unit for Industrial Linkage Development (BUILD) and UBM Asia
(Thailand) are proud to present the annual Subcon Thailand 2016. ASEAN’s largest, international, industrial
subcontracting and business-matching event will allow manufacturers, buyers and entrepreneurs to establish
dynamic business opportunities. Showcasing more than 350 industrial part-makers from 10 countries in various
industries, the event is expected to draw in a global audience of 25,000 industrial part-buyers.
We invite you to join this event through 11-14 May, 2016 at BITEC, Bangkok. Opening hours are from
10:00 to 19:00
(For more information, visit us at www.subconthailand.com)
10. THAILAND INVESTMENT REVIEW10
December
2015
TIR
BOI's missions and events
BOI Executive Director of the Investment Marketing
Bureau, Dr. BonggotAnuroj, welcomed a delegation from
the Bavarian Ministry of Economic Affairs and the
Bavarian Chambers of Commerce at the One Start One
Stop Investment Center (OSOS) on 30
th
November 2015.
BOI Executive Director of the Investment Marketing Bureau,
Dr. Bonggot Anuroj, presented the BOI’s New Policies
at the seminar on “Strengthening the Thai Manufacturing
Industry - Trends and Challenges,” organized by
the Embassy of Sweden and Business Sweden during
theMetalexexhibitionatBitecBangnaon18
th
November2015.
BOI Deputy Secretary General, Ms. Duangjai
Asawachintachit, led an investment mission to Germany,
Sweden and Denmark from 20
th
- 26
th
November 2015.
The mission included attending the ASEAN Automotive
Supplier Conference in Stuttgart and organizing investment
promotion seminars in Malmo and Copenhagen.
BOI Executive Director of Investment Promotion Bureau 2,
Mr. Dusit Traisiripanich (third from left), together with the
Director of the BOI Seoul of¿ce, Mr. Worakan Kosolpisitkul
(fourth from right), participated in an investment mission
to Seoul and Changwon city in Gyeongsangnam-do
province from 23rd
- 27th
November 2015. The mission
included company visits and networking with the provincial
government.
BOI Deputy Secretary General, Ms. Duangjai
Asawachintachit, delivered a welcome address at the
seminar on “The Netherlands: Strategic Partner For Your
European Investment,” organized by the Netherlands
Foreign Investment Agency in collaboration with
the Netherlands Embassy on 1
st
December 2015 at
the Netherlands Residence, Embassy of the Kingdom of
the Netherlands.
11. THAILAND INVESTMENT REVIEW 11
december
2015
TIR
thailand ECONOMY-AT-A-GLANCE
population (2014) asean population (2014) minimum wageliteRacy rate
67.7 million 96 %
300 baht/day
(8.34 US$)625 million
gdp by sector 2014
TOP 10 EXPORTS (JAN-nov 2015)thailand export value
gdp/capita 2014
gdp growth
(%yoy)
$ 224.8 billion
TOTAL EXPORT VALUE
(2014)
$ 24.6 billion
TRADE
BALANCE (2014)
58.8 %
CAPACITY UTILIZATION
(SEP 2015)
-0.85
HEADLINE INFLATION
(DEC 2015)
$ 15.4 billion
CURRENT ACCOUNT
BALANCE (2014)
$ 156.5 billion
INTERNATIONAL
RESERVES
(DEC 2015)
82.9 %
MANUFACTURING
PRODUCTION INDEX
(OCT 2015)
107.26
HEADLINE
CONSUMER
PRICE INDEX
corporate income tax withholding tax value added tax
2014 2015
(Projected)
10 - 20 % 1 - 10 % 7 %
$ 5,519.4
0.9 %
3.5 %
-
4.5 %
¥$
35.98
thb
38.24
thb
54.43
thb
0.3
thb
5.66
thb
€ £
1. Motor cars, parts and accessories (24.7%)
2. Computer parts and devices (16.8%)
3. Precious stones and jewelry (10.9%)
4. Plastic beads (8.0%)
5. Refined fuels (7.8%)
6. Electronic integrated circuits (7.4%)
7. Rubber products (6.6%)
8. Machinery and parts thereof (6.6%)
9. Chemical products (6.1%)
10. Iron and steel and their products (5.0%)
1
2
34
5
6
7
8
9 10
$ 89.3
billion
demographics
gross domestic product
export figures
other economic indicators
average exchange rates ( as of 1 dec 2015 ) tax rates
$ 373.8
billion
12 %
45 %
43 %
agriculture industry
services
$
Source : The Revenue Department
Source : Bank of Thailand, Ministry of Commerce and World Bank
Source: WTO, Ministry of CommerceNote: *2009-2014 CAGR
Source : World Bank, NESDB
Source : World Bank
US$ = 35.98 THB
Source : Bank of Thailand
0.25
2010 2011 2012 2013 2014 2015
0.20
0.15
0.10
0.05
-
10.35 %*
[ TRILLION USD ]
[ jan-nov ]
total investment growth
(%yoy, first 9 months)
2014 2015
-4.4 % 3.7 %
(The base year is 2011=100)
12. THAILAND INVESTMENT REVIEW12
December
2015
TIR
about boi
boi overseas offices
HEAD OFFICE, OFFICE OF THE BOARD OF INVESTMENT
555 Vibhavadi-Rangsit Road, Chatuchak, Bangkok 10900 Thailand
Website : www.boi.go.th Email : head@boi.go.th
Beijing
Thailand Board of Investment,
Beijing Of¿ce
Royal Thai Embassy
No.40 Guang Hua Road.
Beijing, 100600, P.R.China
Tel. : +86 10 6532 4510
Fax : +86 10 6532 1620
Email : beijing@boi.go.th
New York
Thailand Board of Investment,
New York Of¿ce
7WorldTrade Center, 34th
FL.,Suite F
250 Greenwich St., New York, NY
10007 USA
Tel. : +1 212 422 9009
Fax : +1 212 422 9119
Email : nyc@boi.go.th
Stockholm
Thailand Board of Investment,
Sweden Of¿ce
Stureplan 4C, 4th
Floor,
114 35 Stockholm, Sweden
Tel. : +46 8 463 11 58
+46 8 463 11 72
+46 8 463 11 74-75
Fax : +46 8 463 11 60
Email : stockholm@boi.go.th
Frankfurt
Thailand Board of Investment,
Frankfurt Of¿ce
Bethmannstr 58, 5.OG
60311 Frankfurt am Main
Federal Republic of Germany
Tel. : +49 69 9291 230
Fax : +49 69 9291 2320
Email : fra@boi.go.th
Osaka
Thailand Board of Investment,
Osaka Of¿ce
Royal Thai Consulate-General,
Osaka,BangkokBankBldg. 7th
Floor
1-9-16 Kyutaro-Machi, Chuo-Hu
Osaka 541-0056 Japan
Tel. : +81 6 6271 1395
Fax : +81 6 6271 1394
Email : osaka@boi.go.th
Sydney
Thailand Board of Investment,
Sydney Of¿ce
Level 1, 234 George Street, NSW
2000,Australia
Tel. : +61 2 9252 4884
Fax : +61 2 9252 2883
Email : sydney@boi.go.th
Guangzhou
Thailand Board of Investment,
Guangzhou Of¿ce
Investment Promotion Section
Royal Thai Consulate-General,
No.36YouheRoad,HaizhuDistrict,
Guangzhou,P.R.C.510310
Tel.: +862083858988ext.220-225
+862083877770(DirectLine)
Fax : +86 20 8387 2700
Email : guangzhou@boi.go.th
Paris
Thailand Board of Investment,
Paris Of¿ce
Ambassade Royale de Thailande
8, Rue Greuze
75116 Paris, France
Tel. : +33 1 5690 2600-1
Fax : +33 1 5690 2602
Email : par@boi.go.th
Taipei
Thailand Board of Investment,
Taipei Of¿ce
TaipeiWorldTradeCenter,3rd
Floor,
Room 3E40, No.5, Xin-yi Road,
Sec.5 Teipei 110, Taiwan, R.O.C.
Tel. : +88 6 2 2345 6663
Fax : +88 6 2 2345 9223
Email : taipei@boi.go.th
Los Angeles
Thailand Board of Investment,
LosAngeles Of¿ce
Royal Thai Consulate-General
611 North Larchmont
Boulevard, 3rd
Floor,
LosAngeles, CA90004 USA
Tel. : +1(0) 323 960 1199
Fax : +1(0) 323 960 1190
Email : boila@boi.go.th
Seoul
Thailand Board of Investment,
Seoul Of¿ce
#1804,18th
Floor,DaeyungakTower
25-5, 1-KA, Chungmu-Ro,
Chung-Ku, Seoul, 100-706, Korea
Tel. : +82 2 319 9998
Fax : +82 2 319 9997
Email : seoul@boi.go.th
Tokyo
Thailand Board of Investment,
Tokyo Of¿ce
Royal Thai Embassy, 8th
Floor.,
Fukuda Building West, 2-11-3
Akasaka, Minato-ku,Tokyo
107-0052 Japan
Tel. : +81 3 3582 1806
Fax : +81 3 3589 5176
Email : tyo@boi.go.th
Mumbai
Thailand Board of Investment,
Mumbai Of¿ce
Royal Thai Consulate-General,
Express Tower, 12th
Floor, Barrister
Rajni Petel Marg, Nariman Point,
Mumbai, Maharashtra 400021
Tel. : (91 22) 2204 1589-90
Fax : (91 22) 2282 1525
Email : mumbai@boi.go.th
Shanghai
Thailand Board of Investment,
Shanghai Of¿ce
Royal Thai Consulate General
2nd
Floor, 18 Wanshan Road,
Changning District, Shanghai
200336, P.R. China
Tel.: +862162883030ext.828,829
Fax : +86 21 6288 3030 ext. 827
Email : shanghai@boi.go.th
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headquarterS
The Of¿ce of the Board of Investment (BOI) is the principal government agency that operates under the Prime Minister's Of¿ce
for the purpose of encouraging investment in Thailand. We at the BOI serve as the professional contact points for investors,
providing them with useful investment information and services. We offer business support and investment incentives to
foreign investors in Thailand, including tax and non-tax incentives.Afew non-tax incentives include granting land ownership
to foreigners and facilitating visas and work permits. Besides serving the needs of overseas investors, we also offer consultation
services to Thai investors who are interested in investment opportunities abroad.