Ruling Thai general to chair country’s Board of Investment

thailand-coupThe ruling general of Thailand’s junta which took over power on May 22, Gen Prayuth Chan-ocha, will chair a new 18-person Board of Investment which he appointed on June 7. Two of his deputies also sit on the board, according to an announcement made.

The list of directors and advisers seems to have been chosen by position. The permanent secretaries of economic ministries and chiefs of the “Big Three” industry groups – the Thai Chamber of Commerce, the Federation of Thai Industries, the Thai Bankers’ Association – serve as directors.

Heads of the Bank of Thailand, the National Economic and Social Development Board and the Stock Exchange of Thailand also serve as directors. Leaders of other industry groups were appointed as advisers.

The terms of the previous BoI directors expired last October but in the face of rising political protests, the Yingluck Shinawatra government was unable to appoint a new board before the House was dissolved for elections that were later annulled by the Constitutional Court.



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The ruling general of Thailand's junta which took over power on May 22, Gen Prayuth Chan-ocha, will chair a new 18-person Board of Investment which he appointed on June 7. Two of his deputies also sit on the board, according to an announcement made. The list of directors and advisers seems to have been chosen by position. The permanent secretaries of economic ministries and chiefs of the "Big Three" industry groups - the Thai Chamber of Commerce, the Federation of Thai Industries, the Thai Bankers' Association - serve as directors. Heads of the Bank of Thailand, the National Economic and...

thailand-coupThe ruling general of Thailand’s junta which took over power on May 22, Gen Prayuth Chan-ocha, will chair a new 18-person Board of Investment which he appointed on June 7. Two of his deputies also sit on the board, according to an announcement made.

The list of directors and advisers seems to have been chosen by position. The permanent secretaries of economic ministries and chiefs of the “Big Three” industry groups – the Thai Chamber of Commerce, the Federation of Thai Industries, the Thai Bankers’ Association – serve as directors.

Heads of the Bank of Thailand, the National Economic and Social Development Board and the Stock Exchange of Thailand also serve as directors. Leaders of other industry groups were appointed as advisers.

The terms of the previous BoI directors expired last October but in the face of rising political protests, the Yingluck Shinawatra government was unable to appoint a new board before the House was dissolved for elections that were later annulled by the Constitutional Court.



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.