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  1. #1
    Thailand Expat misskit's Avatar
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    Foreign businesses bring in 4.8 billion baht in first four months

    BANGKOK, 19th May 2018 (NNT) Thailand saw an influx of 4.8 billion baht in foreign investment during the first months of 2018.

    Kulanee Issadisai, the director general of the Department of Business Development, has announced that 13 foreign investors registered their businesses in April, most of whom were from Japan, China, and the Netherlands. Their investments injected 1.267 billion baht into the Thai economy and created 162 jobs for Thai citizens.

    Apart from economic expansion and employment, foreign businesses triggered a transfer of technologies and innovations in six industries.

    During the first four months of 2018, Kulanee said the Ministry of Commerce had registered a total 84 foreign businesses out of 88 registration requests. These businesses have so far added 4.87 billion baht to the funds in circulation in the Thai economy.



    National News Bureau Of Thailand | Foreign businesses bring in 4.8 billion baht in first four months

  2. #2
    ความรู้ลึกลับ HuangLao's Avatar
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    The use of the term Thai Economy translates as to Thai Elitist-Centric.

    Where the benign ideals of a broad trickle down beneficial for the country as a whole and enriches the population is a bit of a misnomer.

    Surface reportage and niceties of a misdirective nature are just as they appear.
    This is how traditional Plutocracies function.

  3. #3
    Thailand Expat
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    Well, right now the Thai Press goes hoopla if there is anything to suggest that Thailand might just claw it's way back to enjoying half of the economic growth it experienced as a flawed democracy. Crack the champers.

  4. #4
    Thailand Expat
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    Quote Originally Posted by misskit View Post
    Foreign businesses bring in 4.8 billion baht in first four months
    How's that figure compared to previous, first four month periods, more or less? % increase or decline? Any reasons given for the explosive growth or dismal performance?

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