Thailand’s Board of Investment raises 2016 target by 20%

Thailand’s Board of Investment has raised its target for 2016 inward investment by 20% to Bt550 billion ($15.88 billion) following its annual meeting, over expectations of rising inflows on the back of rising international interest in Asian assets. The state agency’s yearly discussion was chaired by deputy prime minister Somkid Jatusripitak last Thursday, and involved the heads of the BoI’s 14 overseas offices. Somkid said the improved political stability in Thailand following t…