THAI ORCHIDS
October 1st, 2002
BY SWINEETHA DIAS WICKRAMANAYAKAA TAIWANESE flower producer seeking permission to grow orchids on 112,000 hectares of land to the north of Bangkok has been told by the Thai government that it will have to find a majority Thailand business partner to proceed. Sunlite Biotech Co would also have to use hydroponic cultivation methods for its Baht 33 billion (US$747 million) plan, the Thai Board of Investment has said. Industry Minister Suriya Jungrungreangkit said that if the company did not want Thai partners commanding at least 51 per cent of shares for its project ...
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