Connect with us
intralinks

Japan takes lion’s share in EEC foreign investment

Japanese investors pledged Bt375.907 billion, followed by China Bt67.872 billion, Singapore Bt42.358 billion, US Bt27.908 billion and those from the Cayman Islands at Bt23.169 billion.

Published

on

Foreign investment via their joint ventures with Thai partners (foreign shareholding at 49 per cent) in the EEC stood at Bt752.780 billion.

Japanese investors pledged Bt375.907 billion, followed by China Bt67.872 billion, Singapore Bt42.358 billion, US Bt27.908 billion and those from the Cayman Islands at Bt23.169 billion.

Vuttikrai said that investors from Cayman Islands were interested in the production of electricity controls and distribution equipment, holdings, and communications devices.The EEC covers Rayong, Chon Buri and Chachoengsao provinces.

The number of new companies registering in the Eastern Economic Corridor (EEC) from January to August this year rose 2.03 per cent year on year to 4,976, according to the director-general of the Department of Business Development, Vuttikrai Leewiraphan.

Their total registered capital was Bt17.462 billion, up 38.05 per cent year on year. The top three business sectors were: real estate companies totalling 829 companies, with total capital of Bt2.364 billion, followed by building construction companies (398) with Bt661 million, and restaurants (183) with Bt438 million.

Marginal increase in new companies registering in the EEC

Loading...

Business

Thailand’s Consumer Confidence Hits new Record Low in May

The University of the Thai Chamber of Commerce (UTCC) has reported that Thailand’s Consumer Confidence Index (CCI) for May fell to its lowest level ever due to COVID-19 concerns.

Published

on

BANGKOK (NNT) – The University of the Thai Chamber of Commerce (UTCC) reported on Thursday that consumer confidence hit a record low in May, due to the country’s latest and biggest COVID-19 outbreak so far.

(more…)
Continue Reading

Travel

The future of rail travel in Thailand

Hua Lamphong is, for many people, a beloved representation of rail travel in Thailand. However, there is a significant upgrade that is about to change the future of this form of travel in Thailand: Bang Sue Grand Station.

Published

on

Hua Lamphong is, for many people, a beloved representation of rail travel in Thailand. However, there is a significant upgrade that is about to change the future of this form of travel in Thailand: Bang Sue Grand Station.

(more…)
Continue Reading
Wise

Most Viewed

Subscribe via Email

Enter your email address to subscribe and receive notifications of new posts by email.

Join 14,086 other subscribers

Recent