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Interview

Kalin Sarasin, Chairman, The Thai Chamber of Commerce and Board of Trade of Thailand : Interview
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Interview : Kalin Sarasin, Chairman How can further policy reforms and incentives encourage private investment? KALIN SARASIN: Thailand 4.0 has contributed to improving the ease of doing business, and the reform plan has been tackling the many factors previously obstructing businesses. As a result, we now rank 26th on the World Bank’s “Doing Business Report 2018”, which is an increase of 20…
Interview

Kanit Sangsubhan, Secretary-General, Eastern Economic Corridor (EEC) Office of Thailand : Interview
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Interview : Kanit Sangsubhan How does the EEC Act balance attracting investment and managing natural resources? SANGSUBHAN KANIT: We drafted the EEC Act so that it benefits both investors and communities, while providing long-term sustainability in the corridor. The aim of the initiative is to develop the EEC in a systematic and sustainable manner. Advanced technologies in both commercial and industrial…
Interview

Sontirat Sontijirawong, Minister of Commerce : Interview
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Interview : Sontirat Sontijirawong What sectors will benefit from the leveraging of free trade agreements (FTAs) and bilateral agreements? SONTIRAT SONTIJIRAWONG: Our ministry has always been active in negotiating FTAs as a way to liberalise enterprise and open up investment opportunities. All in all, Thailand has concluded 12 FTAs with 17 countries. This has led to a large increase in trade between…
Interview

Nishita Shah Federbush, Group Managing Director, GP Group : Interview
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Interview :Nishita Shah Federbush To what extent is the ongoing political uncertainty impacting local investor confidence? NISHITASHAH FEDERBUSH: Although the general economy has not experienced any major impacts due to election delays, everyone wants a stable government. Traditionally, politics has not really interfered with business. Nevertheless, as long as there is transparency and…
Interview

Nguyen Xuan Phuc, Prime Minister of the Socialist Republic of Vietnam : Interview
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Interview : Nguyen Xuan Phuc How do you assess the future development of trade ties between Thailand and Vietnam? NGUYEN XUAN PHUC: In recent years the Vietnam-Thailand relationship has seen rapid development. Thailand is one of Vietnam’s largest trade partners in ASEAN, recording two-way trade of $12.5bn in 2016, and the 10th-biggest investor, with a total of $8.8bn in over 460 projects in Vietnam.…
Interview

Shamshad Akhtar, Former Under-Secretary-General, UN; and Executive Secretary, UN Economic and Social Commission for Asia and the Pacific : Interview
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Interview :Shamshad Akhtar What impact do you anticipate Thailand’s next general election will have on levels of foreign direct investment (FDI) into the country? SHAMSHADAKHTAR: Thailand has traditionally been an attractive investment destination, and that will not change. It is strategically located between South-east Asia and China, and has access to the ASEAN Free Trade Area, in…
Interview

Hiroyuki Ishige, Chairman and CEO, Japan External Trade Organisation : Interview
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Interview :Hiroyuki Ishige How can Japan capitalise on strong bilateral ties with Thailand to create business opportunities? Hiroyuki Ishige In 2017 we celebrated the 130th year of diplomatic relations between Thailand and Japan, and Thailand has been a major investment destination over the years; at the end of 2016 foreign direct investment (FDI) stock from Japan reached $71.5bn, which accounts…
Interview

Duangjai Asawachintachit, Secretary-General, Board of Investment (BOI) : Interview
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Interview :Duangjai Asawachintachit What impact do you expect the tax incentives for investment in smart solutions and telecoms to have on the development of smart cities? DUANGJAI ASAWACHINTACHIT: The tax incentives introduced by the BOI apply not only to new smart cities, but also to the further development of existing cities and the creation of smart industrial estates. Additional…
Interview

New prospects: Kalin Sarasin, Chairman, The Thai Chamber of Commerce and Board of Trade of Thailand, on the need for strategic partnerships within the Eastern Economic Corridor (EEC)
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How can further policy reforms and incentives encourage private investment? KALIN: Thailand 4.0 has contributed to improving the ease of doing business, and the reform plan has been tackling the many factors previously obstructing businesses. As a result, we now rank 26th on the World Bank’s “Doing Business Report 2018”, which is an increase of 20 ranks compared to 2017. In the near…
Interview

Prasarn Trairatvorakul, Former Governor, Bank of Thailand : Interview
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Interview :Prasarn Trairatvoraku To what extent should the sector be preparing for merger and acquisition (M&A) opportunities? PRASARN TRAIRATVORAKU: Most Thai banks are privately run, so the issue for those banks lies in identifying the value of M&A. In the past, the Thanachart Bank and Siam City Bank merger occurred because both parties recognised their synergy. There are talks about…