Foreign Investment & the Foreign Business Act
A deep dive into understanding Thailand’s foreign investment regime, history and priorities.
Tuesday 26 February 0830 – 1130
Radisson blu, Sukhumvit Bangkok, The Suite 3rd Floor
The Foreign Business Act was enacted in AD 1999, with the intent of protecting Thai industries not yet ready to compete. An annual review mechanism was intended to allow industries over time to be opened up to competition, but that system has barely been used.
It is a generally accepted view that many industries are ready to compete, but they remain officially closed. Most companies would benefit from completion, rather than be harmed by it. The real harm is more likely to be the continue protection, allowing inefficient and non-competitive practices.
This seminar is a deep dive into an understanding of the workings of the regulation of foreign investment and insights into what can be done to contribute more to the competitiveness of the Thai economy. A Primer and Backgrounder aims to provide more understanding.
Organised by EABC, Supported by JFCCT, EEC Office, TDRI, Board of Trade, World Bank and several foreign chambers of commerce.
| 0800 - 0830 | Registration and Refreshments |
| 0830 - 0840 | Opening – Mr Giuseppe Busini. Minister Counsellor and Deputy Head of Mission, Delegation of the European Union to Thailand |
| 0840 - 0900 | Overview of Foreign Investment in Thailand via the FBA and other means – Mr. Vuttikrai Leewiraphan, Director-General, Department of Business Development, Ministry of Commerce |
| 0900 - 0925 | Foreign Investment economics and regulation Dr Deunden Nikomborirak, Research Director, Economic Governance TDRI |
| 0925 - 0950 | Process and Criteria for Foreign Business Licences and Foreign Business Certificates; Mr Chiwat Keratisuthisathorn, Senior Associate, Corporate & Commercial Department, Tilleke & Gibbons |
| 0950 - 1000 | Foreign Dominance Notification – what is it, what does it mean? Speaker confirmed |
| 1000 - 1015 | Break |
| 1030 - 1125 | Moderated Business Roundtable – major issues. Business leaders with TDRI, DBD. Dialogue, then Q&A by Pigeonhole and directly |
| 1125 - 1130 | Closing |
Ticket Price (including VAT 7%) includes refreshments and booklet
| General ticket price / Non Members | THB 600 |
| JFCCT members, EABC members, other participating Chambers | THB 400 |
| Government, Media | FOC |