Thailand saw a 17% increase in foreign investment, reaching 58.9 billion baht in the first seven months of this year. The announcement was made yesterday by Rachada Dhnadirek, the deputy government spokeswoman.
Investors from Japan played a major role, with 94 groups contributing 19.89 billion baht. The United States followed with 67 entities investing 3 billion baht. Singapore had 61 investors who added 12.92 billion baht. China’s 28 investors significantly contributed 11.55 billion baht, while Germany saw 16 investors bringing in about 1.29 billion baht.
This year’s inflow of overseas expenditure led to the employment of an additional 3,594 Thai citizens, marking a 9% rise for the period, as informed by the deputy spokeswoman.
She further revealed that in July alone, approval was given to 51 foreign investment applications, yielding a whopping 10…
