Bangkok Post, Thailand, To The Point Column.
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Dec. 8–Despite consistent good news about Thailand’s strong performance on both the economic and general administrative fronts, the country has not attracted a lot of attention from international investors. As good as it seems, however, many investors remain cautious about Thailand as memories of the financial crisis in 1997 with unfinished skyscrapers left standing and the gigantic unfinished pillars of the Hopewell rail project still fresh in their minds. Rather than simply jump in and establish operations alone, many foreign investors are now more comfortable with working with local partners. At the very least, having Thai partners offers other benefits besides limiting financial risk. This week, we will look at how foreign investment laws define foreign participation. Given the above, the… |