BANGKOK: Foreign investment applications in Thailand dropped 54% to 213 billion baht ($7.12 billion) in 2020 as companies were deterred by the coronavirus pandemic, while this year's outlook remains uncertain, an investment agency said on Wednesday.
Japan remains Thailand's biggest investor, with projects worth 76 billion baht, followed by China's 31 billion baht of pledges and the United States' 25 billion baht, the Board of Investment (BOI) said in a statement.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!