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Japanese Businesses Cutting Investments

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in Jobs, Economy, Banking, Business, Investments

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Japanese businesses cutting investments in Thailand due to strong baht - survey

07/04/07 09:54 am (GMT)

BANGKOK (Thomson Financial) - Japanese companies in Thailand are beginning to reduce their investments in the kingdom due to the strong baht and negative perceptions about the investment climate, a survey said Wednesday.

Japan is Thailand's biggest foreign investor, but a survey of the 351 members of the Japanese Chamber of Commerce found that business sentiment in Thailand is "deteriorating" for the first time since 1998.

forextv.com

opps .................

Inevitable...

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