Water Security in the Eastern Economic Corridor

During 14-16 September 2022, the only International Exhibition and Conference on Water and Wastewater Technology, took place at Queen Sirikit National Convention Center in Bangkok, in partnership with the ASEAN Sustainable Energy Week on renewable energy, energy efficiency and environment and EV technology. This international conference and exhibition on water attracts more than 13,000 visitors and brings together companies and solution providers from 25 countries and over 50 experts to discuss the future of water and wastewater technologies. The Thailand government is promoting factories...

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At the heart of a vibrant region

Thailand is a preferred investment destination for many foreign corporations because of the country’s ideal position at the heart of the Association of Southeast Asian Nations, or ASEAN, where it has become a hub for a broad variety of activities, supported by a number of tax and trade incentives across the ten-member country bloc. Founded in 1967, the Association of Southeast Asian Nations (ASEAN) groups Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.   (image: ASEAN members) Additionally, Thailand’s government has removed administrative...

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Thailand, a clear-cut case for investment

Located at the heart of a vibrant region, Thailand remains a superb choice for continued foreign investment. Strong fundamentals, supportive economic policies, natural assets and the country’s location in the center of the ten-member bloc of the Association of Southeast Asian Nations, or ASEAN, are the major advantages. Given that the world economy is entering a recovery from the unprecedented coronavirus crisis, savvy investors looking for a regional powerhouse that can also serve as a hub for the entire region and beyond should look no further than Thailand. The country with its 70-million...

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Workforces readily available – training is key to success

The big advantage for foreign investors in Southeast Asia, apart from the sheer number of a workforce young in age, is the availability of those workers. Given that most countries in the region are developing nations, workers are keen to land reliable jobs, whereby foreign firms are generally considered more desirable employers in many cases. Also, since social security systems in most Southeast Asian countries are not yet as well developed as in the West, jobs that follow standard labor practices, including overtime payments, health insurance, paid holidays and mandatory severance packages,...

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Southeast Asia’s young workforce a big plus for investors

A workforce big in numbers and predominantly younger in average than in other world regions is a big positive signal that Southeast Asia is sending out to investors. The Association of Southeast Asian Nations (ASEAN) with its ten member countries has a population of around 655 million, making it – as a region – the fourth largest in the world behind India, China and the European Union. Pre-Covid-19 economic growth was at an average annual real growth rate of slightly above 5% and it is expected to recover to that rate once the pandemic subsides. Of the total population, the World Bank estimates...

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Thailand’s supportive investment environment: The key agencies (Part 1)

The operative environment for foreign investors in Thailand is very clear-cut. There are two main entities which provide advice and support, the Thailand Board of Investment (BOI), an agency under the Office of the Prime Minister, and the Industrial Estate Authority of Thailand (IEAT), a department of the Ministry of Industry. Their role is to promote foreign investment in Thailand by providing information, services and incentives and accompany foreign investors as they venture into the country. The BOI has a generic purpose of informing foreign investors about eligible activities and criteria...

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Welcome to Amata Spring Country Club, Thailand’s Best Golf Course

Amata Spring Country Club is an exclusive private country club featuring one of the most prestigious and recognizable championship courses in Asia. Voted by World Golf Awards as Thailand’s Best Golf Course in 2018 and 2021, the championship 18-holes par 72 course has been home to some of the biggest golf tournaments in Thailand and hosted the world's best players. The golf course was designed by famous golf course architect Lee Schmidt of Schmidt-Curley Design, the firm has executed more than 100 layouts in 24 countries. The championship layout measures 7,500 yards loops around two vast lakes...

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