Tag: Foreign Business Act

Law firms want FBA obstacles removed

Law firms want FBA obstacles removed

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Big law firms are urging the government to facilitate investment by multinational corporations that help to develop businesses in Thailand and to reduce obstacles to foreign involvement. They are also calling for clarity from the government about proposals to alter the Foreign Business Act (FBA). The proposed changes by the Business Development Department are unclear, […]

Panel urges opening of Thailand’s service sector

Panel urges opening of Thailand’s service sector

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Nanchanok Wongsamuth Despite the huge economic benefit to be gained, a think tank is warning that Thailand’s hesitance to liberalise its service sector fully will cause economic growth to stall. The Thailand Development Research Institute (TDRI) said the share of industrial products in Thailand’s GDP is the highest in Asia, while the proportion of the […]