Thailand pushes for investments as baht strengthens


Deputy PM Somkid Jatusripitak, centre, and BOI secretary-general Duangjai Asawachintachit, right. - The Nation/ANN

BANGKOK (The Nation/ANN): Deputy Prime Minister Somkid Jatusripitak on Monday (Jan 13) instructed the Board of Investment (BOI) to work with the Finance Ministry on measures aimed at encouraging businesses to accelerate their investments in the next six months, taking advantage of the strong baht.

He added that the measures should focus on drawing investors to take advantage of the strong baht in the imports of machinery and capital goods as it will help stem rise of the Thai currency.

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