Briefs

Given Thailand’s sufficient infrastructure, parts and raw materials, supplier base, and logistics and transportation, 64 per cent of foreign investors will go ahead with their existing investment plan while about 32.8 per cent will plan to expand in the country, according to the Board of Investment.
About 2.7 per cent of foreign investors responding to the BoI’s recent survey plan to scale down their investment in Thailand, Chokedee Kaewsang, deputy secretary-general of the BoI, said yesterday.
The 2016 survey on foreign investors’ confidence in Thailand was conducted on more than 600 companies.
More than half (52.7 per cent) cited adequate infrastructure in Thailand for their investment and expansion, 49.6 per cent cited sufficient raw materials and parts, 47.7 per cent enough suppliers and 47.3 per cent quality of logistics and transportation system.
About 25.2 and 23.5 per cent of foreign investors responded in the 2015 and 2014 surveys that they planned investment expansion.

PROCEEDS FOR
REALTY INVESTMENT

The chairman of Home Products Centre Plc yesterday said the proceeds from the sales of his shares in HomePro will be used to finance his family business’ real estate investment in the Swan Lake, Khao Yai project, while expressing confidence in HomePro’s business potential.
Manit Udomkunnatum, chief executive director of HomePro, said the proceeds will help lessen the project’s debt burden.
The 200-rai Swan Lake project is situated in Nakhon Ratchasima.
Presently, Manit holds 310.99 million HomePro shares and remains in the same position as the company’s chief executive officer .
“The number of shares sold this time is small compared to the number of shares I currently hold.
“I still have confidence in HomePro’s management, which aims to maintain its leading position for the home solution living experience in Thailand and Southeast Asia,” he said.

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