Latest news with #AuramonSupthaweethum
Bangkok Post
a day ago
- Business
- Bangkok Post
Project aimed at strengthening local entrepreneurs
The Department of Business Development (DBD) has enhanced the capabilities of local entrepreneurs through its Smart Local Me-D project, with the aim of generating a total trade value of 100 million baht. The project has selected good-quality local products and developed them into outstanding items that meet modern market demands. This year, the project is focusing on the 'L-U-C-K' route, which highlights exceptional goods from four provinces: Lamphun, Udon Thani, Chumphon and Kalasin. Auramon Supthaweethum, director-general of the DBD, said the department has supported community entrepreneurs through the 2nd Smart Local Me-D project. The project aims to generate over 100 million baht in trade value. It promotes collaboration among entrepreneurs, such as co-developing new, trendy products, creating market opportunities and unlocking product potential. She said this project leads to job creation, income generation, improved community well-being and sustainable self-reliance. The project follows a four-step model to build sustainable growth foundations. Smart Local Clinic offers one-on-one business consultation by experts with 123 entrepreneurs having participated in basic business training that included business health checks. Smart Local Camp is a business incubation camp where 40 entrepreneurs were trained in core business skills such as branding and marketing, pitching and negotiation, and business structuring. During July 11–13, the entrepreneurs showcased and sold their products at Central Rama 9, generating about 20 million baht in trade value. Smart Local Connect links local businesses with modern markets, enhancing product visibility and enabling business matching with potential partners. Smart Local Communication promotes community product image by highlighting unique features and linking them to tourism routes under the L-U-C-K concept. These include 20 products from four provinces, namely longan and spices from Lamphun; an ancient weaving group from Ban Non Kok and painted pottery from Ban Chiang in Udon Thani; Ban Tham Sing coffee and Punika dried lady finger bananas from Mueang Chumphon in Chumphon; and Mae Boonlam fermented fish sauce (nam pla ra) and bamboo garlands from Ban Kut Wa in Kalasin's Kuchinarai district.
Bangkok Post
30-06-2025
- Business
- Bangkok Post
Department of Business Development hails investments worth B89bn
Foreign investment in Thailand reached about 89 billion baht in the first five months of the year, with Japan at the top with over 41 billion baht invested, says the Department of Business Development (DoBD). Foreign investment in Thailand from January until May was 88.94 billion baht, marking an increase of 17.2 billion baht or 24% compared to the same period last year, it said. Japan remained the top investor, followed by Singapore and China, according to the department's figures, which suggest that not all is doom and gloom, contrary to some news reports. Auramon Supthaweethum, director-general of the DoBD, said Thailand is attracting foreign investors, with 426 foreign entities permitted to run businesses today under the Foreign Business Act. Of these, 105 entities received foreign business operation licences, while 321 were certified under special investment channels, including Board of Investment privileges, industrial estate laws and international agreements, she said. During the first five months of the year, 85 entities from Japan invested 41 billion baht in raw materials procurement, machine components, software development and services. In addition, 52 entities from Singapore invested 11.4 billion baht in design, procurement, installation, testing and operations consulting for rail transit control systems and digital service platforms. Fifty-three Chinese entities, meanwhile, invested 7.54 billion baht in wholesale industrial parts, such as metallic components and the contracting of manufacturing for vehicle parts, electrical appliances and eco-friendly packaging. Ms Auramon said the presence of foreign businesses has helped the transfer of specialised knowledge and technology to local industries, especially the tech sector, which would help give the economy a further boost. Interest in Thailand's Eastern Economic Corridor also continued to rise in the first five months of the year. The department said 129 foreign entities had chosen to invest in the EEC region, up by 30 investors when compared to the same period last year. The total amount of investments in the EEC has reached 47.7 billion baht, accounting for 54% of foreign investment nationwide. The top EEC investors are from Japan with 37 projects worth 23.90 billion baht, China with 30 projects worth 4.4 billion baht, Singapore with 11 projects worth 6.02 billion baht and others with a combined 51 projects worth 13.37 billion baht.
Bangkok Post
29-06-2025
- Business
- Bangkok Post
DoBD hails investments worth B89bn
Foreign investment in Thailand reached about 89 billion baht in the first five months of the year, with Japan at the top with over 41 billion baht invested, says the Department of Business Development (DoBD). Foreign investment in Thailand from January until May was 88.94 billion baht, marking an increase of 17.2 billion baht or 24% compared to the same period last year, it said. Japan remained the top investor, followed by Singapore and China, according to the department's figures, which suggest that not all is doom and gloom, contrary to some news reports. Auramon Supthaweethum, director-general of the DoBD, said Thailand is attracting foreign investors, with 426 foreign entities permitted to run businesses today under the Foreign Business Act. Of these, 105 entities received foreign business operation licences, while 321 were certified under special investment channels, including Board of Investment privileges, industrial estate laws and international agreements, she said. During the first five months of the year, 85 entities from Japan invested 41 billion baht in raw materials procurement, machine components, software development and services. In addition, 52 entities from Singapore invested 11.4 billion baht in design, procurement, installation, testing and operations consulting for rail transit control systems and digital service platforms. Fifty-three Chinese entities, meanwhile, invested 7.54 billion baht in wholesale industrial parts, such as metallic components and the contracting of manufacturing for vehicle parts, electrical appliances and eco-friendly packaging. Ms Auramon said the presence of foreign businesses has helped the transfer of specialised knowledge and technology to local industries, especially the tech sector, which would help give the economy a further boost. Interest in Thailand's Eastern Economic Corridor also continued to rise in the first five months of the year. The department said 129 foreign entities had chosen to invest in the EEC region, up by 30 investors when compared to the same period last year. The total amount of investments in the EEC has reached 47.7 billion baht, accounting for 54% of foreign investment nationwide. The top EEC investors are from Japan with 37 projects worth 23.90 billion baht, China with 30 projects worth 4.4 billion baht, Singapore with 11 projects worth 6.02 billion baht and others with a combined 51 projects worth 13.37 billion baht.
