Foreign Investment Into Thailand Under Gun
Category:
Real estate, Posted:15 Nov 2014 | 06:00 am
Concern is being widely voiced by Thailand's Foreign Chambers of Commerce and the private sector over proposed changes to the country's overseas investment framework.
Joint ventures and the ability of foreign partners to control the undertaking via board seats is currently being reviewed by the government.
It's been widely speculated in the business press that the move is being pushed by Thai businesses to retain a protective business climate.
Bizarrely the business sentiment is shifting at a time when Thailand is set to usher in a free market initiative in 2015 with the AEC (ASEAN Economic Community).
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