webfact Posted January 21, 2020 Share Posted January 21, 2020 Investment under Foreign Business Act surges 60% last year By THE NATION FILE photo Foreign investment in Thailand, under the Foreign Business Act of 2542, surged 60 per cent year on year to Bt200 billion in 2019. Weerasak Wangsupakitkosol, Deputy Minister of Commerce, said on Tuesday (January 21) that 697 foreign investors were permitted to invest in Thailand last year under the Act. Most of the investments were in capital -intensive businesses such as engineering service, software development, and application services related to logistics and passenger transport, and e-payment. There were 3,000 Thai-foreign joint ventures set up last year with Bt47 billion in total registered capital. He added that the figures indicated that foreign investment in Thailand was continuing and expected to expand further this year, thanks to the government's incentives. Source: https://www.nationthailand.com/business/30380874 -- © Copyright The Nation Thailand 2020-01-22 Follow Thaivisa on LINE for breaking Thailand news and visa info 1 Link to comment Share on other sites More sharing options...
Popular Post ukrules Posted January 21, 2020 Popular Post Share Posted January 21, 2020 1 hour ago, webfact said: Weerasak Wangsupakitkosol, Deputy Minister of Commerce, said on Tuesday (January 21) that 697 foreign investors were permitted to invest in Thailand last year under the Act. Such a graceful concession to the foreign suckers who are willing to go down with the ship that is Thailand. 4 Link to comment Share on other sites More sharing options...
Brickbat Posted January 22, 2020 Share Posted January 22, 2020 Not surprising. A nation of die hard consumers , very low unemployment and eager to embrace the western culture of greed and busyness, both great for business. That’s where we are falling by the wayside in Australia. Consumer confidence dwindling as folks double down in anticipation of the next gfc, where this easy cheapLy available cash will have us at each other’s throats when the <deleted> hits the fan. Go Trump! Bankruptcy Specialist.... Link to comment Share on other sites More sharing options...
nobodysfriend Posted January 22, 2020 Share Posted January 22, 2020 (edited) 4 hours ago, webfact said: There were 3,000 Thai-foreign joint ventures set up last year with Bt47 billion in total registered capital. He added that the figures indicated that foreign investment in Thailand was continuing and expected to expand further this year, May be it would be about time to reconsider some immigration rules for the foreigners who invest and live in Thailand ? Edited January 22, 2020 by nobodysfriend Link to comment Share on other sites More sharing options...
Sydebolle Posted January 22, 2020 Share Posted January 22, 2020 Make up your mind; some speak of severely lower investments - even some deinvestments and here it is all "fun and games" again? Some Thai companies (Summit springs to mind) is closing one business unit after the other one and the aliens relocate to cheaper places with easier visa regulations and better opportunities to find skilled and semi-skilled workers not always on the Somtam and "buffalo sick" treat! Link to comment Share on other sites More sharing options...
ThomasThBKK Posted January 22, 2020 Share Posted January 22, 2020 (edited) 22 minutes ago, Sydebolle said: Make up your mind; some speak of severely lower investments - even some deinvestments and here it is all "fun and games" again? Some Thai companies (Summit springs to mind) is closing one business unit after the other one and the aliens relocate to cheaper places with easier visa regulations and better opportunities to find skilled and semi-skilled workers not always on the Somtam and "buffalo sick" treat! https://www.ceicdata.com/en/indicator/thailand/foreign-direct-investment Up last year because it crashed down hard the year before that. 200 Bio total 2019, at thailands top they had 600 BIO FDIC in 2013 - then the military coup happened, the rest is history. You can easily see the crash in 2014, 2013 was all time high. Edited January 22, 2020 by ThomasThBKK Link to comment Share on other sites More sharing options...
Scot123 Posted January 22, 2020 Share Posted January 22, 2020 7 hours ago, Brickbat said: Not surprising. A nation of die hard consumers , very low unemployment and eager to embrace the western culture of greed and busyness, both great for business. That’s where we are falling by the wayside in Australia. Consumer confidence dwindling as folks double down in anticipation of the next gfc, where this easy cheapLy available cash will have us at each other’s throats when the <deleted> hits the fan. Go Trump! Bankruptcy Specialist.... Use just can't help it "Trump Derangement syndrome elert". Link to comment Share on other sites More sharing options...
Brickbat Posted January 22, 2020 Share Posted January 22, 2020 1 hour ago, Scot123 said: Use just can't help it "Trump Derangement syndrome elert". You and Trump , like most of his base, have 2 things in common. Bad grammar and insults vs Facts. Link to comment Share on other sites More sharing options...
Redline Posted January 22, 2020 Share Posted January 22, 2020 Oh good, no worries then???? Link to comment Share on other sites More sharing options...
Scot123 Posted January 23, 2020 Share Posted January 23, 2020 22 hours ago, Brickbat said: You and Trump , like most of his base, have 2 things in common. Bad grammar and insults vs Facts. Very arrogant. This is a forum and not an English exam. Your implications are lame at best considering Trumps success for America and bringing stability to the world. You must be a very accomplished person as for me I'm just one of those privately schooled uneducated people with 2 degrees (different areas) who managed to retire in his 40's. This is a Thai Forum to discuss Thailand and its events and not a political hate forum for any type of non Thai anti derangement syndrome. 1 Link to comment Share on other sites More sharing options...
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