|
Welcome to the February issue of Thai news, a resource that will keep you up-to-date on economic and business news in Thailand.
____________________________________________________________
|
|
|
Toyota Invests $400 million, Expands Gateway Plant
Toyota will invest $400 million in a new factory in Chachoengsao that will be fully functional by the third quarter of 2013 and have an annual capacity of 300,000 units. In addition to completing its fourth factory in Thailand, Toyota will also increase showrooms and service centers in 2013 from 357 locations to 400, with sales expected to reach 900,000 units.
__________________________________________________________
|
|
Western Digital Developing New Robots, Machinery
Western Digital will expand its business in Thailand with a $200 million investment for new robots and machinery, intended to increase precision in production of its smaller sized electronics.
Click here to continue reading.
___________________________________________________________
|
|
FedEx and DHL Invest in Thailand's Freight Market
In January, FedEx Trade Networks opened its first office in Bangkok, adding the country to its international ocean shipping service. FedEx predicts that the freight forwarding market in Thailand will increase to $3.2 billion by 2015. DHL is investing $67.5 million in its supply chain and plans to build new facilities, expand its fleet, invest in new technology and create 2,000 jobs by 2015.
Click here to continue reading.
___________________________________________________________
|
|
Roland DG Makes Thai Factory Worldwide Export Hub
Roland DG Corporation of Japan, a leading manufacturer of wide-format inkjet printers for sign and display markets, will turn its new factory in Thailand into its worldwide export hub.
___________________________________________________________
|
|
New BOI Investment Strategy focuses on Knowledge-based Industries
Thailand BOI's new strategy will focus on additional incentives for companies that invest in research and development, human resource training, and environmental protection.
___________________________________________________________
|
|
China is Losing its Edge to ASEAN Countries
In 2012, Thailand saw a 63% increase in foreign direct investment (FDI) while China experienced a 12% drop in FDI. The Southeast Asian region is gaining an edge by attracting low-cost manufacturers away from China.
___________________________________________________________
|
|
|
|
|
Did you know?
Thailand is one of the 10 largest petrochemical sites in the world.
|
|
"Launching operations in Bangkok is vital to our growth as a global service provider. Our customers are increasing their business in Thailand and need flexible, efficient freight forwarding to support their imports and exports."
-Joseph Frank, Vice President, FedEx Trade Network Asia
|
|
Thailand Board of Investment
The Thailand Board of Investment (BOI) is the inward investment promotion agency for Thailand that assists foreign investors in identifying business opportunities, providing tax incentives and privileges, and supporting foreign companies seeking to expand into the Asian market. Our services are free of charge and customized to help your clients succeed in Thailand.
|
Contact Us:
Supisara Chomparn, Director
Thailand BOI
61 Broadway, Suite 2810
New York, NY 10006 USA
Tel: (212) 422-9009
Visit Our Website
|
|
