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  1. #1
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    No shift of foreign investment from Thailand to neighbours

    No shift of foreign investment from Thailand to neighbours
    Sunday, May 30, 2010

    The Federation of Thai Industries (FTI) affirms that it sees no sign of a shift of investment by foreign investors from Thailand to its neighbouring countries.

    Speaking after meeting with FTI chairman Payungsak Chartsutipol and his delegation, Deputy Prime Minister Trairong Suwannakiri said that despite the recent political riot, the FTI has seen no sign until now of foreign intentions to shift investment from Thailand to its neighbours.

    The FTI also assured him that it would help the government clarify what happened in the recent policy turmoil to boost understanding among foreign investors.

    Many believed the clarification made by the FTI would more reliable than that made directly by the government, Mr Trairong said.

    Regarding the FTI's proposed establishment of a Thailand Rehabilitation Fund initiated with Bt10 billion, Mr Trairong said details of the proposal remained unclear and must first be approved by the Joint Private-Sector Committee.

    thailand-business-news.com

  2. #2
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    Hard to believe.

  3. #3
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    Quote Originally Posted by Fabian View Post
    Hard to believe.
    Impossible to believe, especially since the dates of the figures are not given but I bet they are older than a week. You have to watch them Thais you know...

  4. #4
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    not really, when you are heavily invested here, you don't move out just because a few protesters are unhappy with the government

  5. #5
    Thailand Expat zygote1's Avatar
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    I'd like to see the numbers for new investment.

  6. #6
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    Not hard to believe at all. Big companies are investing in industrial areas outside of Bangkok which were relatively unaffected. The neighboring countries have very poor infrastructure compared to Thailand so the pros still outweigh the cons by far for most companies.

  7. #7
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    One death could change everything.

  8. #8
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    Quote Originally Posted by Camel Toe View Post
    One death could change everything.
    Head nail on hit.

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