Thai listed companies broke records by reeling in 6.21 trillion baht last year

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Thai listed companies have orchestrated a financial coup, raking in an astronomical 6.21 trillion baht from their overseas ventures last year, smashing records and defying global economic odds.

 

The Stock Exchange of Thailand (SET) reports an eye-watering surge of 1.83 trillion baht from the previous year, making it a staggering 17-year high.

 

Amidst the chaos of the Russia-Ukraine war and the lingering pandemic aftershocks, these Thai corporate giants not only weathered the storm but emerged victorious, setting an unprecedented benchmark for overseas investments.

“Last year, the global economy danced on a tightrope, but Thai companies confidently shattered records, bagging an incredible 34% of their total revenue from foreign investments.”

In this financial saga, Vietnam emerges as the golden goose, pulling in the highest revenue among Southeast Asian nations, attracting a whopping 330 billion baht in the past 17 years.

 

by Mitch Connor

Photo courtesy of Bangkok Post

 

Full story: The Thaiger 2023-12-23

 

- Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here.

 

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[2baht]

Lead the way Thailand! 

[Mike Lister]

Just to be clear, this article talks about Thai business FDI in other countries, lest somebody should go off at a tangent!

[WashingUpagain]

Explains the strong manipulated Baht. Will we now see a reversal of Baht strength?