Time to promote foreign investment | Bangkok Post: breakingnews

Time to promote foreign investment

Published: 3 Jul 2012 at 15.18
Online news:

Thailand’s capital market has strong growth potential while public debt is relatively low and therefore it is the right time to invite foreign investors to put more into Thailand, Paiboon Narintarangkul, chairman of the Federation of Thai Capital Market Organisations, said on Tuesday.

The federation at the beginning of the year had forecast that about US$3 billion would flow into Thailand in 2012.

However, foreign direct investment inflow would be more than that because of continuing economic growth and the government’s policy to stimulate domestic consumption, which has boosted the price to earnings ratio of consumer products companies to 25, said Mr Paiboon.

This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.

Your comments

banmebkk
Post : 2,420
Send message

Discussion 9 : 04 Jul 2012 at 14.009
Post this to my Facebook
@Disc 7 - To get BOI privileges, one does not need to operate a large company like a car or electronic plant. You just have to be a foreigner and produce some item that meets their minimum, depending on the sector. You can have only 50 employees and still get BOI privilege. Thailand could be favorable to small and medium size companies as well.
Like dislike 0 people liked / 0 people disliked this comment
Ian Wensor
Post : 889
Send message

Discussion 8 : 04 Jul 2012 at 08.268
Post this to my Facebook
More capital investment may or may not flow into Thailand but as far as income from tourism is concerned, it's been given the kiss of death due to greed, crime, graft and xenophobia.
Like dislike 1 people liked / 0 people disliked this comment
kasper
Post : 603
Send message

Discussion 7 : 03 Jul 2012 at 23.547
Post this to my Facebook
I think BP posters should remember that when the government talks about foreign investment, they usually do not refer to the smaller one man companies that many of us open, with lots of problems in terms of visa, workpermit, land ownership, business ownership etc. They usually refer to larger companies such as car and electronics manufacturers who get BOI privileges and therefore are not troubled with the above mentioned issues. Besides, now that flooding is a known problem, it is relatively simple for a new investor to avoid. Simply build somewhere high.

In other words. For a large company, Thailand is a good place to invest, as they are not troubled with the many issues that deter smaller companies.
Like dislike 1 people liked / 0 people disliked this comment
dao
Post : 4,647
Send message

Discussion 6 : 03 Jul 2012 at 21.526
Post this to my Facebook
Diss 1
Relocating from the floods .
Like dislike 0 people liked / 0 people disliked this comment
steveyinasia
Post : 343
Send message

Discussion 5 : 03 Jul 2012 at 20.545
Post this to my Facebook
Why would foreigner investors what to come to a place where their money is welcome but they are not.
Like dislike 5 people liked / 0 people disliked this comment
drsmith
Post : 1,575
Send message

Discussion 4 : 03 Jul 2012 at 20.014
Post this to my Facebook
D3 I agree with you 100%. Mr. Paiboon is nuts if he thinks foreign investors are viewing Thailand as a good place to invest. After the floods this year I think any doubt will be put to rest as Thailand continues to crumble internally the same as Greece. Only a matter of time. Govt officials all getting their budget pocket money and are financially well established with second homes in the UK or USA and will care less what happens to Thailand.
Like dislike 2 people liked / 0 people disliked this comment
siamitude
Post : 796
Send message

Discussion 3 : 03 Jul 2012 at 16.223
Post this to my Facebook
Widespread corruption, non-transparent banking sector and various anti-foreigners legal frameworks are unlikely to attract much foreign investment, without even mentioning great political uncertainty in the near future.
Like dislike 19 people liked / 2 people disliked this comment
yik
Post : 520
Send message

Discussion 2 : 03 Jul 2012 at 15.372
Post this to my Facebook
"... help manufacturers to looks for new export markets to replace the troubled countries in Europe..." ... I just wunder, looking WHERE? The US has troubles too. If it really was so easy, our planet could be fixed with a mouse-click.
Like dislike 3 people liked / 1 people disliked this comment
khunbj
Post : 1,123
Send message

Discussion 1 : 03 Jul 2012 at 15.341
Post this to my Facebook
Well it seems as if Rojana is quite confident that there will be a lot of new factories built as it is investing in a new 4,000 rai industrial park near Prachinburi ... wonder if Mr Paiboon is aware of this and trying to find customers for it ? for further Rojana info : http://www.bangkokpost.com/business/economics/300718/rojana-plans-b4bn-estate-in-prachin-buri
Like dislike 2 people liked / 4 people disliked this comment