Thailand: FDI applications rise 69% y/y

• Amid rising US-Sino trade tensions, foreign direct investment (FDI) applications in Thailand rose 69% y/y in Jan-Sep 19 according to the Board of Investment.
• In the first nine months of 2019, FDI pledges totalled THB203.4bn, with projects in the government’s target industries, led by electronics, digital, and automotive sectors, accounting for 65% of the total, the BoI said in a statement.
• Japan ranked first with investment projects worth THB59.2bn, followed by China’s THB45.4bn and Switzerland’s THB11.7bn, the agency said.

External Link : https://www.bangkokpost.com/business/1785009/fdi-applications-rise-69-year-on-year