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Sunday, May 5, 2024

Thailand sees surge in foreign investment in Q1

Picture courtesy of Entrepreneur

Thailand has seen a recent surge in foreign investment, according to recent statistics from the Thai Ministry of Commerce.

Government spokesperson Chai Watcharong yesterday, April 25, unveiled these numbers, highlighting a significant upsurge in foreign investment within the first quarter of 2024. A staggering total of more than 35 billion baht has been funnelled into the Thai economy by foreign investors, thereby creating a ripple effect of income generation and job creation for Thai locals.

The Thai government has been proactive in encouraging such foreign investments, recognising their potential to stimulate local industries, bolster employment, and boost Thailand’s competitiveness on the global stage. The first quarter of 2024 (January to March) saw more than 178 international entrepreneurs seeking permission to establish businesses in…

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