FDI in Thailand for first 7 months drops 20% year on year

[snoop1130]

 

Foreign investors have pledged to invest in various projects in Thailand to the tune of 58.9 billion baht during the first seven months of this year, with those from Japan topping the list, according to Thosapone Dansuputra, director-general of the Business Development Department and secretary of the Foreign Business Committee.

 

Although the number of foreign investors permitted to invest in Thailand has increased by 17%, to 377, the amount of pledged investment has dropped by about 20%, from about 73.6 billion baht during a seven-month period last year.

 

The five top foreign investors during the seven-month period are Japan, 84 investors and 19.8 billion baht in pledged investment, the US, 67 investors and three billion baht in pledged investment, Singapore, 16 investors and 12.9 billion baht in pledged investment, China, 28 investors and 11.6 billion baht in pledged investment and Germany, 16 investors and 1.29 billion baht in pledged investment.

 

Caption: Thosapone Dansuputra, director general of the Business Development Department

 

Full Story: https://www.thaipbsworld.com/fdi-in-thailand-for-first-7-months-drops-20-year-on-year/

 

-- Thai PBS 2023-08-17

 

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[KannikaP]

Referring to the headline, when did 'Year after Year' become 'Year ON year'? 

We still say 'Day after day', Month after month', but for Years.......ON?

Must be those Colonials!  555

Edited August 17, 2023 by KannikaP

[topt]

13 hours ago, KannikaP said:

Referring to the headline, when did 'Year after Year' become 'Year ON year'? 

We still say 'Day after day', Month after month', but for Years.......ON?

Must be those Colonials!  555

Not sure what you are babbling on about. 

Year on year is frequently used when talking about comparisons vs. the previous period and has been for years..........

Year after year, like day after day, has a completely different meaning. 

[Bepah umayun]

17 hours ago, topt said:

Not sure what you are babbling on about. 

Year on year is frequently used when talking about comparisons vs. the previous period and has been for years..........

Year after year, like day after day, has a completely different meaning. 

Yes, I understand that.

[soi3eddie]

With the poor global economy and Thai political uncertainty, it's no surprise that foreign investors are not currently investing as much in Thailand.