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Cabinet moves to ease foreign investment rules in 8 service sectors

Cabinet moves to ease foreign investment rules in 8 service sectors

11 Sept 03:06 Key points summarised by AI
  • The Cabinet has approved, in principle, to amend the Alien Business Act, removing the requirement for foreign investors to seek permission in eight specific service sectors.
  • This deregulation aims to foster foreign investment in areas like telecommunications (without its own network), financial administration, and oil drilling, reflecting the increased competitiveness of Thai businesses.
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Economy 1/1
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