Foreign investors upbeat despite political uncertainty

Foreign investors remain upbeat about expanding their businesses in Thailand, even as political uncertainty surrounds Prime Minister Anutin Charnvirakul's government, according to the Board of Investment (BoI).

- LAMONPHET APISITNIRAN

The BoI insists Thailand continues to provide a clear legal framework for business establishment and a stable, investor-friendly environment despite looming changes in the government.

Thailand's appeal lies in its prime location in Southeast Asia, promotion of S-curve industries and its growing role as a safe haven for companies seeking to relocate operations away from geopolitical conflicts, said BoI secretary-general Narit Therdsteerasukdi.

"Geopolitical conflict and the trade war still remain and challenge global trade and investment," Mr Narit said.