Investments by overseas companies registered under the Foreign Business Act (FBA) rose by 73.5% year-on-year in the first six months of 2022, led by Japan, Singapore and the US, driven by the government's investment promotion policy.
Deputy Commerce Minister Sinit Lertkrai said the Foreign Business Committee permitted 284 investment applications by overseas companies in the first half of 2022, up by 7.58%, with combined investments of 69.9 billion baht, up by 73.5% year-on-year.
The investments are mainly in the service business, in which Thailand is open to those from overseas under the Foreign Business Act.
