JETRO unveils 3 windows of opportunity in Japan Plus tax privileges by Japanese govt. and fund raising through MAI

ข่าวทั่วไป Monday March 14, 2011 15:56 —PRESS RELEASE LOCAL

Bangkok--14 Mar--JETRO Bangkok The Japan External Trade Organization or JETRO Bangkok unveils three great business opportunities in Japan, as part of its commitment to encourage Thai businesses to boost Thailand’s economic growth by investing in Japan. Japan continues to offer great investment opportunities in the booming economic environment despite the recent earthquake in the Northeastern part of Japan. Thanks to its vision and vast experiences, the country has been well-prepared for any possible risks, so it is able to promptly exploit necessary back-up plans and restore the fundamental infrastructure to reinstate a pleasant business and social environment. Mr. Munonori Yamada, JETRO Bangkok President, said “There are numerous foreign firms operating successfully in the Japanese market. We see great investment potentials in Japan due to these windows of opportunity: 1) Innovation Hub or R&D center that connects Asia with the rest of the world, from which Thailand would also benefit in terms of technological advancement; 2) Business Platform which provides Thai investors a great base for competing with other Asian nations such as China, India and South Korea as well as western countries; and 3) Trendsetter that popularizes new fashion, media content, health and technology. Therefore, Japan offers a market for testing before entering Asian markets and the western countries. The products and services will have a better opportunity to catch the eyes of Japanese consumers as well as foreign businessmen, jet-setters and travelers from all over the world, thus creating a better chance for sales, export and franchise.” Mr. Chanitr Charnchainarong, CFA, Group Head, Issuer & Listing Div. of The Stock Exchange of Thailand and President of Market for Alternative Investment, said “For businesses experiencing financial constraints, Thailand’s Market for Alternative Investment (mai) is cooperating with Tokyo Alternative Investment Market (Tokyo AIM) to promote fund raising through capital market. The specific advantage of this initiative allows listed companies to access capital more easily since a company can raise funds from both Thai and Japanese stock exchanges. Plus, the dual-listing fund raising conditions are simplified to support Thai companies that seek to expand their businesses in Japan.” Mr. Yamada concluded “Living in Japan is made easy thanks to extensive public infrastructure and facilities. Business environment in Japan is also attractive due to transparency, purchasing power and the size of the economy. Business operation is also supported by the Thai government, the Japanese government as well as JETRO and our Invest Japan Business Support Center (IBSC), such as free temporary office space in Japan, support services for staff hiring, for work permit application and for business registration.” Detailed information will be revealed at “Invest Japan” symposium on March 21, 2011, 9:00-13:30 hrs, Napalai Ballroom, Dusit Thani Hotel. Only 200 seats are available. Prospective investors can reserve their seats for free by calling 02-685-1118, 8AM-8PM daily, or sending an email to [email protected]. Application deadline: Friday March 18 The symposium is organized by the Japan External Trade Organization (JETRO), the Ministry of Economy, Trade and Industry of Japan (METI), Ministry of Commerce, Ministry of Industry, Thailand Board of Investment (BOI), Ministry of Finance, The Office of Thailand Trade Representative of the Kingdom of Thailand (TTR) and supported by The Federation of Thai Industries (FTI) and The Board of Trade of Thailand. For more information, please contact: Chutima Duangpanich, PR Dept., JETRO Bangkok, Tel. 0 2253 6441 ext.147

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