The Bank of Thailand lifts overseas investment ceiling to $50 billion The Bank of Thailand has lifted the outstanding value of combined overseas investment from US$30 billion to $50 billion, as part of its move to counter greater currency volatility. Companies ...

What’s Good for General Motors Is Good For Thailand Finance Minister Korn Chatikavanij has promised both local and international investors that local banks have adequate liquidity to support their industries. Three banks have agreed to lend General Motors (Thailand) ...

The central bank of Thailand to liberalise forex market Last year, Thailand welcomed net capital inflows of US$22.6 billion Bt748 billion: $20 billion as trade surplus, $1.5 billion through the bond market and $1.1 billion through the stock market. ...

Discounting costs Phuket hotels 300 million dollars The Phuket Hotel Market Update summarized that 2.9 million tourist arrivals visited Phuket in 2009 with a island-wide average occupancy of 64 per cent. Average rates and revenue per occupied ...

Thai Industries will have to bear more environmental costs Private companies will be responsible for any risks they incur while seeking licenses for new projects before the Natural Resources and Environment Ministry comes up with a final list of ...

Thailand auto industry to benefit from Asean Free Trade Area Thailand is set to benefit tremendously from the elimination of import duties on automobiles and parts under the Asean Free Trade Area scheme, industry leaders say. The 5-per cent tax ...

General Motors Thailand wins local banks’ loans to finance expansion General Motors' Thai unit has snatched a syndicated loan worth Bt13.5 billion from Bangkok Bank, Siam Commercial Bank and Tisco Bank to finance the local expansion.

Multi-million Dollar Phuket villa sold at Andara Resort Rumours that the property market in Phuket is in decline and that prices may fall have been quashed this week by the sale of a high-end villa at Andara Resort, ...

Interview with Dr. Atchaka Sibunruang, secretary general of the Thailand Board of Investment (BOI) Thailand is well into an economic rebound with business improving and optimism widespread. As 2009 draws to a close, the Thailand Investment Review interviewed Dr. Atchaka Sibunruang, secretary general of the Thailand Board of Investment (BOI), on the state of investment in the country and prospects of further growth.

Possible scenarios for the Thaksin’s case showdown All eyes are now on February 26, the judgment day for fugitive ex-premier Thaksin Shinawatra. The Supreme Court is due to hand down its verdict on the Bt76 billion asset seizure case on that day. Many people fear violence may be unavoidable as the court ruling will definitely cause both pain and joy for the two political camps - the red and yellow shirt groups around the country.