Jetro to BoI: Ease into changes | Bangkok Post: business

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Jetro to BoI: Ease into changes

Slow approach urged for investment rejig

The Japanese have suggested Thailand gradually rework its investment promotion policies to minimise the impact on existing investors, saying a sudden change could cause investment to drop.

As wages rise, productivity should also increase, ultimately leading to a more competitive Thailand, says Mr Hayashi. PATTANAPONG HIRUNARD

Yasuo Hayashi, former chairman of the Japan External Trade Organization (Jetro), recommends a gradual transition in terms of investment promotion policies, allowing time for firms to adjust.

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