Members of Thailand’s foreign business community on Monday urged the government to reconsider harsh revisions to the country’s foreign investment laws. International companies and foreign governments are worried by rumors that Thailand is preparing to alter its definition of what constitutes a foreign-owned or Thai-owned company. In response, Commerce Minister Krik-krai Jirapaet said the foreign business community should wait to comment on the matter until after details about the revisions are announced on Tuesday.
Financial Times
Bangkok Post
Financial Times
Bangkok Post