186 foreign firms set up in Thailand in during first-half of 2014

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A total of 186 foreign enterprises with combined investment of about Bt7.4 billion were allowed to be set up in Thailand during the first six months this year, said Pongpun Gearaviriyapun, director-general of the Business Development Department.

The newly-established firms will employ about 1,990 Thais, said Pongpun.

Compared to the corresponding period of 2013, the number of foreign companies established rose by 5 percent but the investment funds were 30 percent less, she said.

Pongpun Gearaviriyapun, director-general of the Business Development Department.Pongpun Gearaviriyapun, director-general of the Business Development Department.