Business | As public spending is pumped up, capital flees from Thailand

As public spending is pumped up, capital flees from Thailand

Government schemes to spur more private investment have so far missed the mark as Thais increasingly send capital overseas rather than invest at home

Bangkok, February 8, 2017 12:10 PM (UTC+8)
Bank of Thailand (BoT) officials arrange Thai baht bills onto ceremonious money trees. Thai companies and individuals are increasingly sending their capital overseas despite government measures to attract more private investment. Photo: AFP/ Pornchai Wittikongsakul
Bank of Thailand (BoT) officials arrange Thai baht bills onto ceremonious money trees. Thai companies and individuals are increasingly sending their capital overseas despite government measures to attract more private investment. Photo: AFP/ Pornchai Wittikongsakul
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