ID :
187276
Wed, 06/08/2011 - 14:31
Auther :
Shortlink :
http://m.oananews.org//node/187276
The shortlink copeid
BOI promotes Thailand's overseas investment
BANGKOK, June 8 (TNA) - The Board of Investment of Thailand (BOI) is planning more promotional measures for the country's overseas investment projects to be proposed to the new government after the forthcoming national poll, set on July 3.
BOI Secretary-General Atchaka Sibunruang Brimble told a seminar on Thai investment overseas, held in Bangkok Wednesday, that her agency is planning legal amendments to offer soft loans to Thai investors who will run their projects overseas, to reduce taxes on profits generated from their overseas investment and to offer two times of tax deduction for their expenses on overseas investment studies.
The BOI chief said that more Thai investors have run their projects overseas over the past decade, with their total investment value rising from less than 100 US dollars to 2.7 billion US dollars annually, projecting that Thailand's overseas investment should reach at least 3 billion US dollars this year.
The BOI chief also promised to study the possibility of allowing general business operators who obtain promotional privileges from her agency to employ immigrant workers, as the employment of immigrant workers in Thailand is now eligible only for BOI-supported business operators whose registered capitals are at a higher end. (TNA)
BOI Secretary-General Atchaka Sibunruang Brimble told a seminar on Thai investment overseas, held in Bangkok Wednesday, that her agency is planning legal amendments to offer soft loans to Thai investors who will run their projects overseas, to reduce taxes on profits generated from their overseas investment and to offer two times of tax deduction for their expenses on overseas investment studies.
The BOI chief said that more Thai investors have run their projects overseas over the past decade, with their total investment value rising from less than 100 US dollars to 2.7 billion US dollars annually, projecting that Thailand's overseas investment should reach at least 3 billion US dollars this year.
The BOI chief also promised to study the possibility of allowing general business operators who obtain promotional privileges from her agency to employ immigrant workers, as the employment of immigrant workers in Thailand is now eligible only for BOI-supported business operators whose registered capitals are at a higher end. (TNA)
