Bangkok (VNA) - A total of 884 foreign companies were approved to invest in Thailand in the first 11 months of 2024 under the Foreign Business Act of 1999, with a tota♍l investment of over 213.96 billion THB (6.26 billion USD), r⭕epresenting a year-on-year surge of 118%, the Department of Business Development reported on December 24.
According to Oramon Sapthaweetham, Director General of the Department of Business Development, the number of approved foreign enterprises this year also increased by 44% from the previous year’s tally at 612 companies. However, these companies hired fewer Thai workers during the January-November period, with 3,671 persons, a 40% drop from the same period last year.
Countries and territories that invested the most in Thailand, by number of businesses, are Japan, Singapore, China, the US, and Hong Kong (China).
Oramon said 281 foreign businesses invested in the Eastern Economic Corridor (EEC) of Thailand in the last 11 months with a total investment of 50.39 billion THB, increasing by 134% in volume and 158% in value from the same period in 2023.
Businesses that received high foreign investments included engineering design for the automotive industry, electronic and electrical assembly, software platform services, heat treatment, and parts manufacturing for the automotive, steel and plastic industries, she added./.
The Thai Ministry of Transport has announced extended public transport hours and free parking to facilitate travel for tourists and residents during the 2025 New Year celebrations.
Almost 1,000km off the Thai coast devastated by a tsunami 20 years ago, engineers lower a detection buoy into the waves – a key link in a warning system intended to ensure no disaster is as deadly again.
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The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
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Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
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The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
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The forum featured two in-depth discussion sessions, engaging representatives from governments, think tanks, and businesses from both ASEAN and China, on how to forge closer ties for a common future.
The new FIFA Hub in Jakarta will not only support football development in Indonesia but also serve as a coordination centre for 21 football associations across Southeast and East Asia.
Minister Counselor Nguyen Hoang Nguyen reaffirmed Vietnam’s principled and consistent stance on the Palestine issue, calling for an immediate and lasting ceasefire across the entire Gaza Strip.
PM Anwar Ibrahim affirmed the determination of Malaysia, as ASEAN Chair for 2025, to utilise all viable regional mechanisms of the bloc and work with partners to de-escalate violence and restore a peace process led by Myanmar.
Talking to the Vietnam News Agency on the occasion of the 100th anniversary of the Vietnam’s Revolutionary Press Day (June 21, 1925–2025), Nikulina, who is also a veteran journalist of Russia’s Sputnik News, emphasised the vital role of mainstream journalism in defending the truth and maintaining public trust.
