Smoothing the way

Business > Economics

Thai businesses in India take advantage of PM Yingluck's visit to press their case for more help navigating bureaucracy.

Published: 6/02/2012 at 02:51 AM
Newspaper section: Business

NEW DELHI : Thai companies facing hurdles in India may soon find a sympathetic ear and help to make the process go more smoothly.

Difficulties with work permits, repatriation of profits, land acquisition and double taxation were among the issues raised during Prime Minister Yingluck Shinawatra's visit to India late last month.

"We will talk with the people to possibly set up a special area where Thais could invest and we will set up a body to help," Ms Yingluck said during a meeting with Thai executives who have been active in the Indian market.

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About the author

: Writer: Umesh Pandey; Position: Editor for Asia Focus

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koolbreez
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Discussion 1 : 07/02/2012 at 12:53 AM1
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This sounds like the same problems with trying to open, and run a new business in Thailand, not having land to buy, lack of skilled workers, strict visa requirements, restrictive company ownership requirements, corruption, import duties. It is interesting when Thai businesses face the same obsticles in other countries, and how they react.
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Smoothing the way | Bangkok Post: business