BANGKOK, Aug 6 (TNA) — The government is about to issue another round of economic stimulus measures to boost spending and consumption in the country.
Kobsak Pootrakul, deputy secretary-general to the prime minister, said Deputy Prime Minister Somkid Jatusripitak mentioned the plan in his meeting on Monday with Shinji Nakano, president of the Japanese Chamber of Commerce, Bangkok.
Mr Somkid also said that the government proceeded with its Eastern Economic Corridor scheme, Thailand 4.0 policy and infrastructure projects.
Mr Nakano asked the government to facilitate Japanese businesses and investments by, for example, ensuring tax refund conveniences and Mr Somkid promised to meet the needs, Mr Kobsak said.
Mr Somkid was invited to pay another visit to Japan and planned to woo Japanese investors to use Thailand as the base for their investment in the CLMVT region.
Mr Kobsak said the government was inviting investors to move their production to Cambodia, Laos, Myanmar, Vietnam and Thailand to avoid the impacts of the China-United States trade war.
He quoted Mr Nakano as saying that Japanese investors in Thailand believed the Thai economy would improve in the second half of this year and earlier they were concerned about strong baht, the Chinese economic slowdown and the China-US trade war. (TNA)
