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Bangkok Post
Bangkok Post
Business

Foreign inflows surge 73% to B154bn in 5 months

DBD United States

Foreign investment jumped by 73% in the first five months of this year to 154 billion baht, according to the Department of Business Development (DBD).

Poonpong Naiyanapakorn, director-general of the DBD, said that 90 applications were submitted by foreign investors last month. The three countries with the highest number of investors were China, Singapore and Taiwan.

During the first five months, 528 applications from foreign investors were approved, a 24% increase compared with the same period last year, when 426 approvals were granted.

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