Wed, Aug 06, 2003 - Page 10 News List

Thailand seeks Taiwanese investors

KINGDOM BECKONS Thai officials say they are looking for direct investment in five main sectors, including agro-industry, automotive and information technology

By Joyce Huang  /  STAFF REPORTER , IN BANGKOK

"Most Taiwanese exporters benefited from the crisis as a result of gains on the US dollar," he said.

Huang said Thailand is very suitable for small and medium-size businesses with a variety of products and is a very competitive manufacturing base for high-tech companies.

Taiwan has encouraged Thai-based Taiwanese businesses to remit earnings back home, but expatriate businessmen said there actually were few incentives for them to bring their cash home.

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