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Foreign investors parade into Thailand, looking for potential investments, says Deputy PM Somkid

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12 hours ago, RotBenz8888 said:

In other words, dont tell the truth.

I read that as though he wants the opposite, he wants the media to tell the truth and not to lie.

  • Haha 1

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14 minutes ago, nev said:

Not the best time to invest here from overseas, Maybe some one can enlighten me Why any investor would invest here with the low exchange rate for foreign currencies?.

 

They see potential growth here = money making possibilities .

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13 hours ago, snoop1130 said:

parade

Gosh, Im going to try some of this "parading" myself................expect they are having to fight off these foreign invaders with a <deleted>ty  stick

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43 minutes ago, nev said:

Not the best time to invest here from overseas, Maybe some one can enlighten me Why any investor would invest here with the low exchange rate for foreign currencies?.

If you are an investor and interested in Thailand, you are trying to reduce systemic risk.  That is likely a Chinese (or Indian) investor wanting to have additional overseas assets and cash flow beyond their government’s hands, or any other party just wanting to launder money.  If 100% of your production is in China, getting ~20% out of the country makes sense when balancing risks.  Same for India— the capital controls and currency issues Modi’s government created makes having overseas production or investment a stabilizing factor.

 

For most other countries, the military government and trends over the past 5 years would make Thailand a higher risk investment.

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Investors have never cared too much about political risk in Thailand, business as usual involves the potential for a coup which is seen as no big deal, they have had twenty two in the past hundred years! Even when soldiers were tanks were on the streets and snipers were killing people on Silom, the background economy kept ticking over and tourists kept flying to the beaches.

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