Thailand’s Ministry of Commerce on Thursday announced that the country had granted 51 new foreign investments in July, totaling THB10,023 million. The largest investor during the month was Japan, followed by Singapore and the United States.
For the first seven months (January-July), Thailand approved 377 new foreign investments, an increase of 17% compared to the same period last year, with a total investment of THB58,950 million, a decrease of 20% compared to the total investment of THB73,624 million for the same period last year.
Japan was the largest investor during this period, contributing THB19,893 million, followed by Singapore (THB12,925 million), China (THB11,663 million), the United States (THB3,044 million), and Germany (THB1,293 million).