webfact Posted January 13, 2016 Share Posted January 13, 2016 Thailand’s Foreign Investment Drops 78% under Prayuts Military GovernmentBANGKOK – Thailand’s Foreign investment plummeted last year, official data showed, the latest sign that the kingdom’s once-vibrant economy continues to falter under prolonged military rule.Total investment applied for by foreign companies between January and November 2015 plunged 78 per cent from a year earlier to 93.8 billion baht (S$3.71 billion), according to figures from Thailand’s state-run Board of Investment (BoI) sent to AFP late Tuesday.The figures will do little to cheer junta leader Prayut Chan-o-cha, who seized power in a May 2014 coup vowing to restore stability but who has struggled to kickstart the country’s lacklustre economy.Full story: http://www.chiangraitimes.com/thailands-foreign-investment-drops-78-under-prayuts-military-government.html-- Chiang Rai Times 2016-01-14 Link to comment Share on other sites More sharing options...
Reigntax Posted January 13, 2016 Share Posted January 13, 2016 The sooner Prayut and the military realise they are, and always have been Thailands biggest problem and stop interfering in politics, for which they have no ability, skill or knowledge, the better. Link to comment Share on other sites More sharing options...
loonytune Posted January 13, 2016 Share Posted January 13, 2016 no ones going to like you post as they could be arrested Link to comment Share on other sites More sharing options...
NeverSure Posted January 13, 2016 Share Posted January 13, 2016 ^^^ LOL. Come and get me. Link to comment Share on other sites More sharing options...
never me Posted January 13, 2016 Share Posted January 13, 2016 Cant say what I want anymore. Im very careful about the like button also. Link to comment Share on other sites More sharing options...
webfact Posted January 13, 2016 Author Share Posted January 13, 2016 Foreign Investment in Thailand Plunges 78% in 2015 to 93.8 Billion BahtBY JACOB MASLOWBANGKOK: -- Official data released late on Tuesday indicates that foreign investment in Thailand plummeted 78% between the months of January and November 2015, down to 93.8 billion baht. The data is provided by the Board of Investment. The news is the latest blow for the military government that continues to falter since the coup took place.High household debt, lower consumer confidence and slowing exports are causing Thailand’s economy to slow down majorly.Thailand’s neighbors, Vietnam, Myanmar and Cambodia have all seen their economies remain stable in recent years, but Thailand continues to struggle. Prime Minister Prayut Chan-o-cha stated that the major drop in investment comes from Japan, which has historically been the largest foreign investor in Thailand. Japan’s investments dropped by 81% and 2015.Full story: http://ethailand.com/business-news/foreign-investment-in-thailand-plunges-78-in-2015-to-93-8-billion-baht/1364/-- eThailand 2016-01-14 Link to comment Share on other sites More sharing options...
NongKhaiKid Posted January 13, 2016 Share Posted January 13, 2016 This can't be correct, not with all the assurances that everything just keeps getting better. Link to comment Share on other sites More sharing options...
MZurf Posted January 13, 2016 Share Posted January 13, 2016 This is all Thaksin's fault!! Link to comment Share on other sites More sharing options...
rasmus5150 Posted January 13, 2016 Share Posted January 13, 2016 The sooner Prayut and the military realise they are, and always have been Thailands biggest problem and stop interfering in politics, for which they have no ability, skill or knowledge, the better. What a post. I suggest you and everybody who likes this post start listening to.: Bad boys, whatcha want Watcha want, whatcha gonna do? When sheriff John Brown come for you Tell me whatcha wanna do, whatcha gonna do? Bad boys, bad boys whatcha gonna do? Whatcha gonna do when they come for you? Bad boys, bad boys whatcha gonna do? Link to comment Share on other sites More sharing options...
MZurf Posted January 13, 2016 Share Posted January 13, 2016 The sooner Prayut and the military realise they are, and always have been Thailands biggest problem and stop interfering in politics, for which they have no ability, skill or knowledge, the better. What a post. I suggest you and everybody who likes this post start listening to.: Bad boys, whatcha want Watcha want, whatcha gonna do? When sheriff John Brown come for you Tell me whatcha wanna do, whatcha gonna do? Bad boys, bad boys whatcha gonna do? Whatcha gonna do when they come for you? Bad boys, bad boys whatcha gonna do? Huh? Link to comment Share on other sites More sharing options...
aussieinthailand Posted January 13, 2016 Share Posted January 13, 2016 OK OK Right, who's gunna get it now? don't the press know by now I have 99.3% everyone in the universe loves me!!!! Who's going for "Attitude adjustment" this time, Bloody Thaksin he did this, it's all his fault, no no wait a sec,,, it's all the falang, no Thai could do such a thing, ooop's I got it now, I will use my sooopa dooopa powers article 44 and have you all shot, then arrested then in for attitude adjustment, and and and then something more when I can think of something more,,,,,,, Link to comment Share on other sites More sharing options...
terryp Posted January 13, 2016 Share Posted January 13, 2016 Wonderful News Link to comment Share on other sites More sharing options...
NongKhaiKid Posted January 14, 2016 Share Posted January 14, 2016 The sooner Prayut and the military realise they are, and always have been Thailands biggest problem and stop interfering in politics, for which they have no ability, skill or knowledge, the better. What a post. I suggest you and everybody who likes this post start listening to.: Bad boys, whatcha want Watcha want, whatcha gonna do? When sheriff John Brown come for you Tell me whatcha wanna do, whatcha gonna do? Bad boys, bad boys whatcha gonna do? Whatcha gonna do when they come for you? Bad boys, bad boys whatcha gonna do? Pointed and pertinent, says so much about the current atmosphere both on the forum and nationally. Link to comment Share on other sites More sharing options...
shirtless Posted January 14, 2016 Share Posted January 14, 2016 Why would you invest here , Thailand has never had a moral compass Link to comment Share on other sites More sharing options...
davejonesbkk Posted January 14, 2016 Share Posted January 14, 2016 Wow thats a huge %, no wonder the baht had been weakening Link to comment Share on other sites More sharing options...
mrrizzla Posted January 14, 2016 Share Posted January 14, 2016 Link to comment Share on other sites More sharing options...
BSJ Posted January 14, 2016 Share Posted January 14, 2016 You can't blame the PM for factors outside of Thailand. So, essentially any problems are caused by farang, not Thai's. Link to comment Share on other sites More sharing options...
AlQaholic Posted January 14, 2016 Share Posted January 14, 2016 Investors adopt the "wait and see" strategy obviously.... Link to comment Share on other sites More sharing options...
LannaGuy Posted January 14, 2016 Share Posted January 14, 2016 You can't blame the PM for factors outside of Thailand. So, essentially any problems are caused by farang, not Thai's. Link to comment Share on other sites More sharing options...
realenglish1 Posted January 14, 2016 Share Posted January 14, 2016 The sooner Prayut and the military realise they are, and always have been Thailands biggest problem and stop interfering in politics, for which they have no ability, skill or knowledge, the better. Although I agree with this statement I also agree that the politicians are not a good mix for this country as well Link to comment Share on other sites More sharing options...
Eric Loh Posted January 14, 2016 Share Posted January 14, 2016 Thailand will suffer the consequences of this massive foreign investment drop for years after the junta relinquish power. Ditto another coup failure. Link to comment Share on other sites More sharing options...
Jimbo2014 Posted January 14, 2016 Share Posted January 14, 2016 This cant be right! - the government said everything is great and the economy is doing fine Link to comment Share on other sites More sharing options...
petermik Posted January 14, 2016 Share Posted January 14, 2016 Wow thats a huge %, no wonder the baht had been weakening Not enough............lets get back to 60+ baht/GB pound Link to comment Share on other sites More sharing options...
TheCruncher Posted January 14, 2016 Share Posted January 14, 2016 I can't wait to hear what twist super general gonna give on this news. Link to comment Share on other sites More sharing options...
soalbundy Posted January 14, 2016 Share Posted January 14, 2016 The massive increase in foreign tourists will make up for it Link to comment Share on other sites More sharing options...
Just1Voice Posted January 14, 2016 Share Posted January 14, 2016 Foreign investments in Vietnam = UP. Foreign investments in Lao = Up Foreign investments in Myanmar = Way Up Foreign investments in Philippines = Up. Foreign investments in Indonesia = Up. Foreign investments in Thailand = Way Down and dropping steadily. Link to comment Share on other sites More sharing options...
taff33 Posted January 14, 2016 Share Posted January 14, 2016 This is all Thaksin's fault!!yes you are right it's because he's not in charge of the country. Link to comment Share on other sites More sharing options...
dominique355 Posted January 14, 2016 Share Posted January 14, 2016 Investors adopt the "wait and see" strategy obviously.... ...unless they invest somewhere else, of course. Link to comment Share on other sites More sharing options...
TheCruncher Posted January 14, 2016 Share Posted January 14, 2016 Something must be wrong with the news source, because we have heard it all the time, foreign investors now understand and the Japanes are eager to increase their investments in Thailand. I guess the latter is increase after they have bottomed out, which we haven't reached yet. Link to comment Share on other sites More sharing options...
darren84310 Posted January 14, 2016 Share Posted January 14, 2016 so what 99.8% of the people have never been so happy,,,, you can't walk the streets these days for all the people doing cartwheels..... individually of course, not in groups. Link to comment Share on other sites More sharing options...
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