"foreign investment"

China remains a strong magnet for foreign investment in a pandemic-jolted world, as revealed by the latest data, and experts believe the trend will continue thanks to the country's continued opening-up and improved business environment.

The inflow of foreign investment into Vietnam hit over US$2.1 billion in January, up 4.2 per cent year-on-year, marking good signals for the country's investment attraction, the latest report from the Foreign Investment Agency (FIA) showed.

Thailand’s main economic engine, the service sector, has stalled due to Covid-19 and barriers to foreign investment, according to a three-year forecast of industry trends by Krungsri Research.

Prime Minister Prayut Chan-o-cha is satisfied with the improvement in foreign investments this year, government spokesperson Thanakorn Wangboonkongchana said on Wednesday.

The Stock Exchange of Thailand (SET) reported on Friday (November 5) that the net purchase of Thai shares by foreign investors in October is at 15.88 billion baht, rising for three consecutive months and is the highest net purchase in the year 2021. Meanwhile, foreign investors’ accumulated net sales as of October 29 is at 60.81 billion baht, significantly lower than that of the pervious year which was recorded at 264.38 billion baht.

The foreign business confidence index in the third quarter was 41.7, an improvement but still below the 50 mark, University of the Thai Chamber of Commerce president Thanawat Phonwichai said on Thursday.

The newly released rules on China's security review of foreign investment will effectively restrain national security risks while actively promoting and protecting foreign investment, analysts said on Sunday.

The Securities and Exchange Commission (SEC) has said it will improve regulations, so local investors have the opportunity to investing overseas.

The Department of Business Development approved foreign investment worth a total Bt1.074 billion in September. The investment came from 22 foreign entities who would employ a total of 138 Thai workers, said director-general Tossapon Tangsubut.

Foreign investment in Thailand, under the Foreign Business Act of 2542, surged 60 per cent year on year to Bt200 billion in 2019.

The Commerce Ministry may remove four innovation related businesses from the list of businesses in which Thai citizens are deemed not ready to compete with foreigners under the Foreign Business Act, BE.1999. Such a move is expected to help increase accessibility for foreign companies and attract international investors.

Duangjai Asawachintachit, secretary-general of the Board of Investment (BoI), said 758 projects were submitted in the first six months of the year for investment promotion, recording a 7 per cent increase from the same period last year when 707 projects were submitted.