Summary:
The first big step to regain investor confindence, the Thai goverment had lifted the 30 percent reserve requirement onshort-term capital inflows. It put laws and regulations under view to see how to make them more conducive to domestic and foreign businesses alike. These include the proposed amendment to the Foreign Business Act to make the country's investment regime more open and fair.
Personal Response:
I think nowadays businesses are effected by sub-prime so invertors that they invest around the world, they want to get their money back to pay for liabilities in their country. And it make trouble for banking and investing. The first thing should do, it is making investors to trust in politics and sustianable for each business because it can explain about business growth.
Reference: http://www.boi.co.th/thai/how/press_releases_detail.asp?id=2644
Miss Chadwimon Uampakdee ID 1490202536 Section 6193
Thursday, November 6, 2008
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