Thailand’s Board of Investment (BoI) has approved adjusting investment privileges and conditions for agriculture categories to promote the bio, circular and green (BCG) economy.
Bangkok (VNA)– Thailand’s Board of Investment (BoI) has approved adjusting investmentprivileges and conditions for agriculture categories to promote the bio,circular and green (BCG) economy.
DuangjaiAsawachintachit, BoI's secretary-general, said the meeting chaired by PrimeMinister Prayut Chan-o-cha on June 17 approved a new agriculture categoryapplying to high technology, namely plant factories.
A plant factory is aclosed growing system that uses artificial control of light, temperature,moisture, carbon dioxide and minerals as well as the biological environmentsuch as contamination of diseases and insects from water, air and plants.
Such products must be ofhigh quality, safe and sufficient for both domestic consumption and exports.
This new category willbe entitled to a corporate income tax exemption for five years./.
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In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
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Bangkok capital in Thailand (Source: picswe.com) 
