Thai Prime Minister Yingluck Shinawatra leads investment roadshow in Hong Kong

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Yingluck leads roadshow in Hong Kong

Published: 26 Feb 2013 at 13.58
Online news: Asia

Prime Minister Yingluck Shinawatra on Tuesday led a government roadshow to Hong Kong to extol the virtues of investing in Thailand.

Photo from Yingluck Shinawatra Facebook page.

The roadshow will focus on investment opportunities under Thailand’s strategic development plan and its readiness to be a regional connectivity hub supported by infrastructure development megaprojects.

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whatajoke
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Discussion 12 : 27 Feb 2013 at 07.4812
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Initiatives like this should always be applauded but I can't help thinking it's all a bit superficial when you consider the political climate is a tinderbox waiting for Thaksin's return, the property market is rapidly becoming a bubble, the govt is moving determinedly towards creating a 200 billion overall 'rice' debt and the SET is full of fast-moving money. Recipe for disaster me thinks. Put your money in now while you only get 30 baht, take it out when everything crashes and the exit dollar cost you 40 baht, nice reverse investment.
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bonzo
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Discussion 11 : 26 Feb 2013 at 22.3611
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OK, D7. The criteria may indeed be stringent, but at least they are published and they are achievable. Thy are boxes that can actually be ticked.

And yes, D4, I have to agree: I was taking the worm’s eye view of the SME investor who actually plays with their own money - not the perspective of the other lot who swap Letters of Credit, or whatever it is that they do, in between their annual appearance at the Company Offsite Team Building Event (to introduce and then afterwards summarize the PowerPoint presentation of the Motivational Guest Speaker).
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ThaiBoy
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Discussion 10 : 26 Feb 2013 at 22.2510
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@ KASPER / DISC
Big investment= Big money= Big local support = Only Big Politicians/ Bureaucrats/ Police/ Retired military generals
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Birdie
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Discussion 9 : 26 Feb 2013 at 22.209
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Who dares to commit so much money in Thailand as of the case of the prime minister's fugitive brother case is still not ended yet and now another retired general, who is "unusually rich"? We should not embarrass Thailand further our by promoting contradicting facts. House cleaning should be done first before we start shouting Thailand. Anybody, who starts to dump money into Thailand must be a fool that does not know his money could be well spend elsewhere.
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Bangon
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Discussion 8 : 26 Feb 2013 at 21.248
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Thank you 'thaigenius' and 'bonzo', so many of us are tired being considered as 'Untermenschen' by xenophobes (and racists)! Non-Thais (except some related Chinese) are only walking ATM's! ASEAN from 2016 on will be a very hard wake-up for the unexpecting, proud, Thais. I can't enjoy it though, as it will, again, be the small, real, true, Thai people I love, who will suffer the most!
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Eric
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Discussion 7 : 26 Feb 2013 at 21.227
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Dis#2, not sure you left out lots of details intentionally. What you described is the MM2H program and is conditional. Just to quote few. If you under 50, you need 5M B in saving or current and have a monthly income of 100k B. This requirement just for the approval stage. When approved, another sector conditions will kick in. Oh, the house under this program must be above 5M B. The program and conditions are searchable in website.
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ThaiBoy
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Discussion 6 : 26 Feb 2013 at 21.226
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It is time to amend the laws if government is really looking for foreign investment.
Specially property and company ownership are the major issues.
Having a limit is also fair, let’s say alien can’t buy more than 2-3 houses on his/her name.
A registered company limited (100% foreign shareholder) can buy 1 RAI (1,600 sq. mt.) / 1 million capital.
Instead of 1 work permit/ 2 million capital, it should be ease to 1 work permit/ 0.5 or 1 million capital. Because it is getting harder to find local staff, moreover it is also very hard to control them.
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The Dark Side
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Discussion 5 : 26 Feb 2013 at 21.065
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'Road Show' conjures up thoughts of a traveling circus and I don't trust gypsies, especially those that are trained and controlled by criminals in Dubai.
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kasper
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Discussion 4 : 26 Feb 2013 at 20.454
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@d1 and d2

There are 2 types of investors - big and small. Based on the picture, I am guessing Ms. Yingluck is mainly concerned about the big ones.
While small investors have all the problems d2 mentions, big investors can get BOI privileges, which let them play by a completely different set of rules.
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bonzo
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Discussion 3 : 26 Feb 2013 at 20.223
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Well said, D2. Invest in Thailand. Be permanently treated like a criminal on probation. Sign in every 90 days to prove that you still live at the same address (as you have for the last decade). Pay income tax, corporation tax, VAT all year, every year (Weirdo!). Produce photo evidence that you are who you say you are, that you actually work where you say you do.

Meanwhile: Encourage a corporate climate of constant learning and knowledge transfer - then watch your staff leave and set up as direct competitors using your ideas, methods and database.

Believe there hype.
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Thai Prime Minister Yingluck Shinawatra leads investment roadshow in Hong Kong | Bangkok Post: news

Yingluck leads roadshow in Hong Kong

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