2015 foreign investment in Thailand crashes

[Renter]

It appears as though I'm not the only person not investing in Thailand.

Investment by foreign companies in Thailand in 2015 dropped by a massive 78% compared to 2014 in figures released by the Thai Board of Investment.

Japanese investment went off the cliff falling 81% while EU investment almost evaporated falling from 87 billion baht down to 2 billion baht.....!!

Now I wonder how those posters ( we all know who they are ) who on this thread & the " Phuket property glut " thread keep telling us how great things are here

economically.....blah blah.....they can't see all the unoccupied "ghost" buildings all over the place.

Having put their money on the line here they must be getting "night sweats" now.

It will be a monumental task for them to put a positive spin on these diabolical numbers.

[lovelomsak]

It is like investment has stopped.

[Hugh Jarse]

RENTER, China is though with $120 billion pledge over the next 5 years in key areas. see the Bangkok Posts 18/12/2015 ed. for further details. FDI from China in the first 10 months of 2015 was 12.5 billion baht and probably more as the high speed rail links develop. Thailand is seemingly looking for further econ/political ties with China and not the US etc.

[swissie]

I have stopped a long time ago, giving any sort of credibility to officially published statistics..

Thailand had a tremendous head start by not getting involved in WW2, including the Vietnam War while the rest of S/E Asia was laid to waist.

My frequent travels through S/E indicate that people try to learn from Falangs (regardless if they were part of former Farang Colonial Rulers or oppressors)

==================================================

Visit Cambodia today: (for example) Kids on the street want to talk to you with their limited English, just eager to learn..

As opposed to Thailand: In Thailand they prefer to swing in their hammocks (the young Females). The young unemployed males prefer to thunder with their Motorbikes thru the village, hoping to get a girl pregnant.

Thailand is on the way. Upward or downward. To me the answer is clear

Cheers.

.

.

[Pib]

Thailand had a tremendous head start by not getting involved in WW2, including the Vietnam War while the rest of S/E Asia was laid to waist.

Thailand in World War II

From Wikipedia, the free encyclopedia

Thailand officially adopted a position of neutrality until it was invaded by Japan in December 1941. At the start of the Pacific War, the Japanese Empire pressured the Thai government to allow passage for the Japanese troops to invade British-held Malaya and Burma. Though this was not popular with much of the Thai population, the Thai government under Plaek Phibunsongkhram (known simply as Phibun) considered it preferable to co-operate with the Japanese than to fight them. After Thailand agreed to let Japanese troops pass their country, Thailand declared war on the Allies.

Thailand was still in control of its armed forces and internal affairs. The Japanese policy on Thailand differed from their relationship with the puppet state of Manchukuo. Japan intended bilateral relationships similar to those between Nazi Germany and Finland, Bulgaria, and Romania.Ultimately, the primary aim was to ensure Thailand's neutrality and establish a Neutral nation that would be regarded as an equal by the Allies.

A well-organised, pro-Allied resistance movement that eventually numbered around 90,000 Thai guerrillas, supported by government officials allied to the regent Pridi Phanomyong, was active from 1942 onwards to resist the Phibun regime and the Japanese. The partisans provided espionage services to the Allies, performed some sabotage activities, and helped engineer Phibun's downfall in 1944. After the war, Thailand received little punishment for its wartime role under Phibun.

http://thevietnamwar.info/thailand-involvement-vietnam-war/

Thailand provided Air and Ground bases to the United States, and soon became the largest station of the United States Air Force in Southeast Asia. From 1961 to 1975, the United States installed 7 air bases at Korat, Udon Thani, Nakon Phanom, Ubbon Ratchathani, Khon Kaen, Utapao and Bangkok. Among them, Utapao was a B-52 air base that had great strategic importance (Hunchangsith, 1974). Thai officers commanded each base although the activities were largely carried out by American’s. These bases had more than 400 aircrafts and 25,000 service personnel (Kislenko, 2004). Thai Air Force not only maintained his own planes at each base but also had the task of providing group and air security for the huge installations. More than 80% of the airstrikes on North Vietnamese Army and guerrilla camps were carried out from these Thai bases (Randolph, 1986).

Thailand: Launching Open Front

In 1969, Thai government deployed more than 12,000 combat troops, which included Queen’s Cobras and Black Panther Division of Royal Army Volunteer Force, to counter the guerilla forces in the South Vietnam. Additionally, it had also dispatched around 26,000 volunteer recruits (Aspinall, 2010). The number gradually peaked to 15% of the total Thai regular Army by 1971 (Kislenko, 2004).

[WorkingTourist]

EU investment almost evaporated falling from 87 billion baht down to 2 billion baht

Two years ago you got 45 baht for one euro, in the first half of 2015 this was down to less than 35 baht (a drop of almost 25%). The euro has regained some, but we’re still below 40 baht for one euro.

​Not saying that Thailand doesn’t have problems, but lack of investments from Europe might have more reasons than just Thailand’s own issues. For example, how much did investment in Malaysia drop?

[momtaz]

that's economic life cycle, fluctuation always expected,

never to be always going on up, and will never keep sliding as what is happening now,

Thailand has solid potentials, to produce, to attract tourism, investors, etc,,

It's a very good moment to buy Thai stocks, properties, etc, AEC ahead,

[Naam]

It appears as though I'm not the only person not investing in Thailand.

you are a genius, no doubt about that!

[AlQaholic]

So china just bought a vassal country......

[recycler]

RENTER, China is though with $120 billion pledge over the next 5 years in key areas. see the Bangkok Posts 18/12/2015 ed. for further details. FDI from China in the first 10 months of 2015 was 12.5 billion baht and probably more as the high speed rail links develop. Thailand is seemingly looking for further econ/political ties with China and not the US etc.

Go take a look at for example the PRC investment zone in Amata City Industrial estate in Rayong and see all the empty buildings most finished 2 - 3 years ago. Money invested, but no business, the Chinese are back in China and maybe they come back in a few years or not.

[Naam]

Thai optimists and Thai pessimists... never the twain shall meet

[lannarebirth]

Isn't it 2016 now?

[Tony125]

Checkout this report from Yahoo News : http://news.yahoo.com/foreign-investment-plummets-junta-ruled-thailand-064555840--finance.html

[vukovar77]

that's economic life cycle, fluctuation always expected,

never to be always going on up, and will never keep sliding as what is happening now,

Thailand has solid potentials, to produce, to attract tourism, investors, etc,,

It's a very good moment to buy Thai stocks, properties, etc, AEC ahead,

Untrue.It is NOT good moment to buy stocks and special property now in Thailand!

Prices will go down in double digits this year as you can read from many financial analysis online from prominent financial experts!

Special real-estates in Bkk,Phuket,Pattaya,Chiang Mai and many other are far overpriced and this spots are gluted with new units.For me,that is huge bubble which must burst !Many more units and not much customers!

We should wait for a while prices to drop at least 20-30% or more to consider to buy!

[chicowoodduck]

I invested in a good room to stack my money and pass the time counting it....never worry about a crash in Lieland....?

Edited January 14, 2016 by chicowoodduck

[bangkapi]

Maybe this has something to do with the global economic contraction.

[sawadee1947]

no surprise. Who as an investor wants to talk to nobodies? Uncertain future, no elected stabilized govt. All on a down turn

[ozyjon]

Quoting the algarvedaily news, taking a snippet from the Economist,,,

The worst performing economy this year is expected to be Libya, which is set to contract by more than eight percent, followed by Venezuela, with a recession of six percent, and Equatorial Guinea, at minus three percent.
The other economies making up the top ten worst are Syria, Macau, Brazil, East Timor, Burundi, Trinidad and Tobago, and Greece, which is expected to contract by 1 percent.
Aside from war-stricken countries, those heavily dependent on the export of raw materials face a particularly bleak outlook, The Economist said.
The best performing economies this year are projected to be Turkmenistan, Laos, Cambodia and Burma - all on eight percent - with India, Bhutan, Ivory Coast, while Rwanda, Vietnam and Djibouti are all on seven percent.

I moved to Laos, looking around, the Chinese are the only ones allowed to own land and build, where is the money

going, it's moving to Laos, Chinese building going up everywhere especially along the Mekong, maybe it's time to

move again, question is,, where is utopia?

[TPI]

I have stopped a long time ago, giving any sort of credibility to officially published statistics..

Thailand had a tremendous head start by not getting involved in WW2, including the Vietnam War while the rest of S/E Asia was laid to waist.

My frequent travels through S/E indicate that people try to learn from Falangs (regardless if they were part of former Farang Colonial Rulers or oppressors)

==================================================

Visit Cambodia today: (for example) Kids on the street want to talk to you with their limited English, just eager to learn..

As opposed to Thailand: In Thailand they prefer to swing in their hammocks (the young Females). The young unemployed males prefer to thunder with their Motorbikes thru the village, hoping to get a girl pregnant.

Thailand is on the way. Upward or downward. To me the answer is clear

Cheers.

.

.

It strikes me that most of the Thai young adults want to get into work, any work! There is no loose money about and the only way to really get it, is to work. The problem seems to be that the general population missed the boat when they were let down by the education department...they're poorly trained, have very few urban life skills and don't seem to have the capacity to lift themselves out of their present lifestyle by their "boot straps"!

All the girls want to get into their own apartments and all of the boys want to avoid the draft! That's the limit of their dreams!

[Asiantravel]

Quoting the algarvedaily news, taking a snippet from the Economist,,,

The worst performing economy this year is expected to be Libya, which is set to contract by more than eight percent, followed by Venezuela, with a recession of six percent, and Equatorial Guinea, at minus three percent.

The other economies making up the top ten worst are Syria, Macau, Brazil, East Timor, Burundi, Trinidad and Tobago, and Greece, which is expected to contract by 1 percent.

Aside from war-stricken countries, those heavily dependent on the export of raw materials face a particularly bleak outlook, The Economist said.

The best performing economies this year are projected to be Turkmenistan, Laos, Cambodia and Burma - all on eight percent - with India, Bhutan, Ivory Coast, while Rwanda, Vietnam and Djibouti are all on seven percent.

I moved to Laos, looking around, the Chinese are the only ones allowed to own land and build, where is the money

going, it's moving to Laos, Chinese building going up everywhere especially along the Mekong, maybe it's time to

move again, question is,, where is utopia?

" the Chinese are the only ones allowed to own land "

yeah and how do you think the citizens of Laos feel about that? I talked to some although they were too scared to criticise the communist government too much but many are not happy that a Chinese citizen has been allowed to join the government. and they don't want the rail line connecting to China because they said they would much prefer to have better roads in the country.Ask any educated person in Laos who is in the government? How do you become a minister in the government? And nobody can answer anything.

Can you criticise in writing what the government does? ha ha - just try it and you will end up in jail. And who appointed those dudes who are acting more like a royal family than a government that should be serving their people.

When you entered Vientiane did you see the Lamborghini showroom on the right? Who you think can afford a Lamborghini in Laos other than government cronies?

And you think it's a good thing that Chinese are allowed to buy up the country? It's more like kleptocracy to me

Edited January 14, 2016 by Asiantravel

[mango66]

RENTER, China is though with $120 billion pledge over the next 5 years in key areas. see the Bangkok Posts 18/12/2015 ed. for further details. FDI from China in the first 10 months of 2015 was 12.5 billion baht and probably more as the high speed rail links develop. Thailand is seemingly looking for further econ/political ties with China and not the US etc.

you mean they calling China to go down the drain further - at least on long term !!

The short one we see already -

the westerners running away from this new hordes coming there !!

[mango66]

Thailand had a tremendous head start by not getting involved in WW2, including the Vietnam War while the rest of S/E Asia was laid to waist.

Thailand in World War II

From Wikipedia, the free encyclopedia

Thailand officially adopted a position of neutrality until it was invaded by Japan in December 1941. At the start of the Pacific War, the Japanese Empire pressured the Thai government to allow passage for the Japanese troops to invade British-held Malaya and Burma. Though this was not popular with much of the Thai population, the Thai government under Plaek Phibunsongkhram (known simply as Phibun) considered it preferable to co-operate with the Japanese than to fight them. After Thailand agreed to let Japanese troops pass their country, Thailand declared war on the Allies.

Thailand was still in control of its armed forces and internal affairs. The Japanese policy on Thailand differed from their relationship with the puppet state of Manchukuo. Japan intended bilateral relationships similar to those between Nazi Germany and Finland, Bulgaria, and Romania.Ultimately, the primary aim was to ensure Thailand's neutrality and establish a Neutral nation that would be regarded as an equal by the Allies.

A well-organised, pro-Allied resistance movement that eventually numbered around 90,000 Thai guerrillas, supported by government officials allied to the regent Pridi Phanomyong, was active from 1942 onwards to resist the Phibun regime and the Japanese. The partisans provided espionage services to the Allies, performed some sabotage activities, and helped engineer Phibun's downfall in 1944. After the war, Thailand received little punishment for its wartime role under Phibun.

http://thevietnamwar.info/thailand-involvement-vietnam-war/

Thailand provided Air and Ground bases to the United States, and soon became the largest station of the United States Air Force in Southeast Asia. From 1961 to 1975, the United States installed 7 air bases at Korat, Udon Thani, Nakon Phanom, Ubbon Ratchathani, Khon Kaen, Utapao and Bangkok. Among them, Utapao was a B-52 air base that had great strategic importance (Hunchangsith, 1974). Thai officers commanded each base although the activities were largely carried out by American’s. These bases had more than 400 aircrafts and 25,000 service personnel (Kislenko, 2004). Thai Air Force not only maintained his own planes at each base but also had the task of providing group and air security for the huge installations. More than 80% of the airstrikes on North Vietnamese Army and guerrilla camps were carried out from these Thai bases (Randolph, 1986).

Thailand: Launching Open Front

In 1969, Thai government deployed more than 12,000 combat troops, which included Queen’s Cobras and Black Panther Division of Royal Army Volunteer Force, to counter the guerilla forces in the South Vietnam. Additionally, it had also dispatched around 26,000 volunteer recruits (Aspinall, 2010). The number gradually peaked to 15% of the total Thai regular Army by 1971 (Kislenko, 2004).

Thailand went by the support of all this US warriers to the biggest whorehouse worldwide !!

[kennypowers]

I predict that eventually the Thai economy will crash and then eventually will strengthen and become stable. I do other predictions on a charge per hour basis. Call me,

[Surin1969]

I predict that eventually the Thai economy will crash and then eventually will strengthen and become stable. I do other predictions on a charge per hour basis. Call me,

i hope so

[bodymassagemyfriend]

Buying stocks in a country where you can't believe the figures. That looks insane to me.

Given dependencies with countries in the storm ( China, Japan ) i would stay clear from this market.

Foreign investment stopped means share will go down. Out of business , which is relocated in other countries.

[lonewolf99]

The Chinese are going to wreck Laos. They have that stupid shop house Mall style on the riverside in Vientiane. I think there is only an ice cream parlour in it ?

Having been to China and seen the mess they are making of their own country with millions of high rises with no one in them I can see the same madness in LoS and Laos. The bubble has to burst and I hope it is sooner than later to stop these madmen. Malaysia is no better, they have miles of empty sky high concrete

[3NUMBAS]

SHUFFLE IN decsending order ,coup ,junta , suthep mobs, terrorist bombs , no voting rights . no democracy ,no law and order and investors run a mile ,so why am i not surprised