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Economy

Thai investment applications top $28bn in 2018, exceed target

BANGKOK (Reuters) -- Investment applications in Thailand reached a total of 902 billion baht ($28.2 billion) worth of projects in 2018, 43 percent higher than requests the previous year and beating a target of 720 billion baht, the state investment agency said on Wednesday.

Thai and foreign firms submitted a total of 1,626 projects in Southeast Asia's second-largest economy, the agency said in a statement.

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