Wednesday, December 4, 2013

Thai unrest has Japanese firms worried about future...

Japanese investments in 2012 in Thailand were 10 times higher than those off all European nations combined. 

But because of the protests in Bangkok, Japanese companies might re-examine their investment strategies in Thailand, according to Japanese newspaper Yomiuri.

Japanese investors regard Thailand as an important production base. If they feel they must move elsewhere, it could spell disaster for the Kingdom's export sector, which is already in bad shape.

According to the Thai Board of Investment, Japan is the largest investing country in Thailand. For Japanese automakers and electrical-appliance manufacturers, this country is a leading production base.

The Japan External Trade Organisation reported that 1,458 Japanese companies were operating in Thailand as of April. In 2012, Japanese companies made 761 investments worth a total of Bt348.4 billion.

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