Thursday, October 15, 2020

Thailand - Board of Investment of Thailand (BOI) confirms gov’t investment stimuli update

Following criticism of the government’s economic policies that resulted in the relocation of manufacturing bases by international companies from Thailand to neighboring countries, the Board of Investment of Thailand (BOI) has confirmed the government has updated its economic policies to improve the countries’ competitiveness.

The BOI’s Secretary General Duangjai Asawachintachit said the government has made changes to the country’s economic policies to meet the changing global competitive landscape, with more emphasis on high value products, and services using advanced technology, to maintain the export sector’s competitiveness.

No comments:

Australia - Annual indexation of skilled visa income thresholds from 1 July 2025

From 1 July 2025, skilled visa income thresholds will be increased by 4.6%.   Income thresholds are indexed annually so wages for skilled mi...