Thailand has great potential for being the regional trade hub for foreign investments. With the growth in countries like Myanmar and other developing ASEAN countries, more and more foreign investors are seeking opportunities there and Thailand could be very well be the gateway. However, Thailand needs to be more competitive with countries like Singapore by reducing its investment regulations, especially in the services industry.
Loosening up taxation policies would promote and improve growth of trade between EU and Thailand. In the recent economic downturn, this step would definitely make Thailand more versatile and therefore increase better relations with countries such as UK, US, Germany, Australia and other developed countries.
There are also concerns over ongoing political instability, social unrest, corruption and effects of the flood since last year, making foreign investments less as attractive as they could or should be.
- See more at: http://www.mpnintertrade.com/articles/is-thailand-aec-ready/#sthash.KMJEh4ru.dpuf
Thailand has great potential for being the regional trade hub for foreign investments. With the growth in countries like Myanmar and other developing ASEAN countries, more and more foreign investors are seeking opportunities there and Thailand could be very well be the gateway. However, Thailand needs to be more competitive with countries like Singapore by reducing its investment regulations, especially in the services industry.Loosening up taxation policies would promote and improve growth of trade between EU and Thailand. In the recent economic downturn, this step would definitely make Thailand more versatile and therefore increase better relations with countries such as UK, US, Germany, Australia and other developed countries.There are also concerns over ongoing political instability, social unrest, corruption and effects of the flood since last year, making foreign investments less as attractive as they could or should be.- See more at: http://www.mpnintertrade.com/articles/is-thailand-aec-ready/#sthash.KMJEh4ru.dpuf
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