Thai investment overseas increase in first 5 months

By The Nation

Thai companies have applied to invest and lend a total amount of US$2.2 billion overseas in the first five months of this year, according to the Bank of Thailand.

The amount rose $1.22 billion from the same period last year, or 125 per cent.

Meanwhile, institutional investors' outstanding overseas investment as of May stood at $12.9 billion, an increase of $1.3 billion on year or 11 per cent. The investment is less than half of the $30 billion limit.

The Securities and Exchange Commission said that at end-June, outstanding investment of the seven types of institutional investors stayed at $11 billion, compared to the approved amount of $18.96 billion.

Thai investment overseas increase in first 5 months

Thai companies have applied to invest and lend a total amount of US$2.2 billion overseas in the first five months of this year, according to the Bank of Thailand.

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