January 2023 saw a record–breaking 5.129 billion baht of foreign investment in Thailand, with the Japanese leading the way with 3.588 billion baht. This investment is expected to reach 100 billion baht by the end of the year, with the majority of investments being made through the Foreign Business Act (1999). The top foreign investors were from Japan, Singapore, USA, UK and China, with investments including technology transfer which aims to transform inventions and scientific outcomes into new products and services.
At the same time, a Bangkok professor has revealed the financial cost of Thailand’s air pollution in 2019. Kh. Wissanu from Kasetsart University said that air pollution from PM2.5 particles caused a staggering 2.173 trillion baht economic damage to Thai households that year, with the total damage from all pollutants reaching 4.616 trillion baht. The professor noted…
