Stock Exchange of Thailand SET President Charamporn Jotikasthira on Tuesday said he had not yet seen a sign of foreign capital outflow and a withdrawal of investment by Japanese investors from the Thai bourse, despite the twin disasters in Japan.
Mr Charamporn said the removal of Japanese investors investment in Thailand had not yet been seen clearly although Japan experienced an unusually large earthquake and tsunami disaster recently.Foreign investors had sold Thai stocks throughout the past week because they wanted to adjust their investment portfolio, he said.
Japanese investment in Thailand will not decline and should accelerate in the near term as Japanese companies step up investments overseas following the destruction caused by massive earthquakes and a tsunami 10 days ago, say Tokyo-based government and business representatives.
Yasuo Hayashi, chairman and CEO of the Japan External Trade Organisation (Jetro), confirmed Japanese companies will not cut back their investments in Thailand as the Japanese recover from their worst crisis since the second World War and tackle nuclear radiation leakage.
Thai Mango growers complain of low prices and fewer exports
Because of the global COVID-19 pandemic, their mangoes are not being exported, due to fewer buyers, and their prices have plunged to between 10 and 20 baht per kilogram, depending on size.
Mango orchard owners in Thailand’s northern province of Phitsanuloke are seeking help from the provincial administration to promote the sale of their sweet fruit, particularly Barracuda Mango variety.(more…)
Foreigners’ Participation in Thai Listed Companies explained
Special vehicles have been created to facilitate foreign investors so that they are able to invest in Thai
securities flexibly and conveniently.
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