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NEWS UPDATES Asean Affairs     August 4,  2016  

Govt urged to develop investment in regions

President Joko “Jokowi’ Widodo should assign a ministry to be in charge of investment development in the regions as the economic policy packages had yet to boost investment in the regions, an economist has said.

Institute for Development of Economics and Finance (INDEF) economist Imaduddin Abdullah told journalists on Monday that the economic policy packages had yet to address investment problems at the regional level.

“For the example, the principle permit issued by the Investment Coordinating Board – at the national level – can be obtained in three hours. Other permits issued by local authorities, however, can’t be obtained in three hours,” Imaduddin said.

He further explained that the chosen ministry should be responsible for improving the investment climate in the regions by, among other things, enhancing the quality of human resources.

Innovation was also important to boosting investment, Imaduddin said. He said that according to the Global Manufacturing Competitiveness Index, innovation was the number one aspect that could attract investment in a country.

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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






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