MANILA, Philippines — Economic scars left by the coronavirus pandemic would make the Philippines among the least attractive destinations for foreign direct investments in Asia Pacific over the next decade, according to a new report released Monday. Out of 14 Asia Pacific economies tracked by UK-based Oxford Economics, the Philippines ranked 13th in terms of ability to attract […]
Read MoreThe total value of FDI applications received by the BoI from January to September rose 220 per cent compared to the same period last year, to a total value of Bt372.06 billion from 587 projects, the latest data from the BoI shows. “Top three countries that have most investment value are Japan (Bt67.8 billion), the United […]
Read MoreThe Labour Ministry announced on Tuesday that more than 220,000 jobs have been created to help Thailand get ready for its reopening on November 1. Labour Minister Suchart Chomklin said the government’s plan to allow double-jabbed travellers from 10 low-risk countries to enter Thailand without having to quarantine will give tourism, service and entertainment industries […]
Read MoreThe baht opened at 33.70 to the US dollar on Tuesday, strengthening from Monday’s closing rate of 33.88. The Thai currency is likely to move between 33.60 and 33.80 during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said that investors should speculate on the upcoming bond auction. Foreign investors will invest in […]
Read MoreThe government hopes to reopen Bangkok and some towns in four provinces to foreigners without a quarantine requirement from November 1, government spokesman Thanakorn Wangboonkongchana said on Saturday. The towns waiting to reopen are Muang, Mae Rim, Mae Taeng and Doi Tao in Chiang Mai, Hua Hin in Prachuap Khiri Khan, Cha-am in Phetchaburi and […]
Read MoreThailand’s overall investment applications from January to September jumped 140% from a year earlier to 521 billion baht, already exceeding those of the whole of last year, the investment agency said on Monday. The combined foreign direct investment (FDI) project pledges more than tripled to 372 billion baht in the first nine months of this […]
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