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Post Info TOPIC: BOI : E-Newsletter - January 2011/ Volume 21/ No. 1
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BOI : E-Newsletter - January 2011/ Volume 21/ No. 1
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If you have difficulty accessing the content of this message, please visit
http://www.boi.go.th:8080/issue/201101_21_1/index.htm

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Cover Story

News Bites

BOI Net Applications

Industry Focus

Ease of Doing Business 2011

OSOS 1 year Anniversary

Thailand-Latin America

Most Improved Corporate Governance

Minimum Wage 2011

BOI Investment Missions

Thailand Economy-At-A-Glance



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BOI Secretary General Upbeat for 2011
In a recent meeting with the Thailand Investment Review, Dr. Atchaka Sibunruang, secretary general of the Thailand Board of Investment, spoke of the success achieved by the BOI in 2010 and the rise of the Thai economy, as well as the expectations for 2011 and challenges that lie ahead.

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Machinery Industry
Thailand’s machinery and parts industry exceeds US$20 billion in annual trade yet is poised for even greater growth with customers and the government favoring new equipment that boosts productivity and adds value. Born more than 30 years ago, the industry has built a solid foundation and now the emphasis is on upgrading.

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Ease of Doing Business 2011
The World Bank has released its 2011 Ease of Doing Business rankings, which this year ranks 183 countries on key aspects of business regulation for domestic firms, calculated under a new methodology. This year, employing workers indicators are not included in the aggregate ranking.

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OSOS 1 year Anniversary
It has been just over one year since the One Start One Stop Investment Center opened its doors at Chamchuri Square to offer investors in Thailand a comprehensive investment service center. The idea for the center was sparked by the government’s desire to strengthen confidence among the investment community as part of Thailand’s tradition of finding ways and means to facilitate investment and respond to the needs and concerns of investors.

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Thailand-Latin America
Both Latin America and Asia are on a track of greater progress and prosperity, which heightens Thailand’s role as a vibrant business hub in the Association of Southeast Asian Nations (ASEAN). So agreed participants of the Latin Business Forum held 18 November 2010 in Bangkok.

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Most Improved Corporate Governance
The Asian Corporate Governance Association and CLSA Asia-Pacific Markets have recently issued the CG Watch 2010 which assesses the corporate governance practices of companies in 11 Asian countries. Thailand and Japan made the biggest improvements in corporate governance last year, according to the report, which indicates that “Thailand enjoyed an eight percentage-point jump in its absolute score and wins the award for “most improved”. The country now shares the #4 slot with Taiwan. The top three ranks belong to Singapore, Hong Kong and Japan.

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Minimum Wage 2011
The minimum wage for 2011 has been increased by the Central Wage Committee, which is a group of government, employer and labor representatives that meet at the end of each year to discuss the matter. This year’s increase is based on the region in the country and will be between 8 and 17 baht.

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For more information about investment opportunities in Thailand, click www.boi.go.th
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