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Bangkok Post
Bangkok Post
Business

Somkid calls for overhaul of investment incentives

Somkid Jatusripitak BoI Thailand Dracula Economy
Mr Somkid says bad politicians are like Dracula — they fear the light as well as strong people's politics.

The Board of Investment (BoI) is being advised to revise its criteria for granting incentives for foreign direct investment (FDI), basing them on the level of contribution to the economy.

Speaking at the "Triam Udom Dinner Talk 2026" on Tuesday, former finance minister Somkid Jatusripitak said amid economic headwinds and a gloomy outlook, FDI would play a pivotal role in supporting the Thai economy and sustaining long-term growth.

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