July 5, 2008
BANGKOK - Foreign business owners in Thailand called for lower taxes and harmonised corporate policies to attract more investors, according to Deputy PM Suwit Khunkitti.
Suwit said foreign business leaders had met him to seek a review of the tax system and policies on investment and business activities.
He gave an interview after a meeting between Thailand's Board of Investment and the Joint Foreign Chambers of Commerce in Thailand (JFCCT).
"The suggestions from JFCCT are very instructive and the meeting today has helped to improve the investment climate in Thailand," Suwit said.
Both sides agreed to hold a quarterly meeting to exchange information and ideas.
They would also cooperate to promote investment in Thailand.
