Bangkok – 08 February 2019
The Armenian – Thai Chamber of Commerce participated at the Joint Foreign Chambers of Commerce (JFCCT) Consultative Meeting with the Board of Investment of Thailand (BOI) on Thursday, 7th of February 2019, held at Centara Grand Hotel at Ladprao, Bangkok.
The meeting delegates discussed and reviewed the latest developments in the economic and business sectors in Thailand. The BOI initiatives and investment policies/packages were presented by the eminent Secretary-General of the BOI Thailand; Khun Duangjai Asawachintachit, updating the Foreign Chambers on the BOI policies; SMART Visas, Visa and Work Permit facilitations by the “Single Window System”, Co-working and new digital ecosystem regulations and categorizations as well as relevant government initiatives, investment promotion categories and regional as well as sectoral opportunities. Added reference was made on conducting business within the Digital Economy and SME’s, also elaborating briefly on Priority Business Sectors.
JFCCT Chairman Mr. Stanley Kang reflecting on JFCCT’s approaches, commenced by saying he would like further engagement with the Ministry of Commerce adding the imperative of working together to heighten the competitiveness of Thai business community, governance, working collaboratively towards improved competitiveness of Thai products and services.
Mr. Bob Fox resumed on behalf of JFCCT, on par proposed further proactiveness and went over systematically on “Background Notes” as outlined by JFCCT members, with reviews and recommendations, as well as on-the-spot Q&A.
The focus points encompassed:
- Service sector liberalization
- Work permits and human capital development
- SME incentives & promotions
- Thailands ASEAN chairmanship year strategies
- Energy policy and renewable energy
- Agriculture & agritech
- New IBCs International Business Center regulations and updates
- Issues relating the digital economy
A concluding reference from Mr. Stanley Kang to push forward in terms of digitalization of governance and possibly e-Governance as according to him this will immensely facilitate the growth of foreign direct investments in Thailand.
The Executive Director’s Office
Armenian – Thai Chamber of Commerce
41/5 Silom Soi 19, Silom Road,
Silom Sub-district, Bangrak, Bangkok 10500,