In 2016, the Foreign Business Commission allowed 352 foreign investors to operate their businesses in Thailand, down by 13 percent compared to 2015, as investors remained concerned over the global economy’s sluggish recovery momentum.

The value of foreign investments in 2016 amounted to 7.443 billion baht.The Department of Business Development (DBD) predicted that more foreign investors will be interested in investing in e-commerce businesses in 2017.

DBD Director General Banchongchit Angsusing disclosed that it is expected that more foreign investors will invest in e-commerce business this year thanks to the government’s Thailand 4.0 policy, which focuses on the use of innovation, technology, and creativity in doing businesses relying on electronic channels.

Source:pattayamail