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Pledges on investment are up but Foreign Direct Investment for the first six months is down nearly 5%

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Thailand’s FDI fell 24.6% in Q2 despite rising pledges reported by Department of Business Development (DBD) Director-General Kittiwat Patchimnan, as Prime Minister Anutin Charnvirakul targets foreign nominee firms. ( Source: Thai Examiner Investigation )

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Summary

### Foreign investment warning for Thailand: actual FDI slumps 24.6% in Q2 despite ฿271 billion in commitments. DBD chief Kittiwat Patchimnan reports rising approvals as Prime Minister Anutin Charnvirakul pursues nominee firms and forced land sales.

Thailand is boasting of rising foreign investment as actual capital inflows plunge and Prime Minister Anutin Charnvirakul launches a nationwide crackdown on foreign property ownership. Bank of Thailand figures expose a 24.6% second-quarter collapse in inward investment, dragging first-half FDI down 4.7%. Meanwhile, foreign property owners and smaller investors face mounting uncertainty over assets acquired decades ago, with unlawful holdings facing forced sales.

Thailand’s government is promoting rising foreign investment while intensifying a nationwide crackdown on foreign-controlled businesses and property ownership. However, the latest figures for actual foreign direct investment tell a different story.

Read full article at Thai Examiner →

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