Thailand: Encouraging foreign investments in local businesses through amendments to the Foreign Business Act B.E. 2542 (1999)
Progress
Current status
under deliberation
22 Apr 2025 under deliberation
Scope
Implementers
Thailand
Policy Area
Foreign direct investment
Policy Instrument
MNE: Entry and ownership rule
Regulated Economic Activity
cross-cutting
Government Branch
executive
Government Body
central government
Implementation Level
national
Timeline of events
Cabinet approved proposal to amend the Foreign Business Act B.E. 2542 (1999) to encourage foreign investment in local businesses
On 22 April 2025, the Cabinet of Thailand approved a proposal to amend the Foreign Business Act B.E. 2542 (1999), assigning the Ministry of Commerce to prepare a draft revision of the law that shifts its focus from the “protection” of domestic entre…
SourceEvent type
law
Action type
announcement
Government branch
executive
Government body
central government