Thailand expects to attract at least USD28.8bn in investment applications in 2025, as it seeks to boost its economy, the Board of Investment (BOI) said on Monday. Investment applications in 2024 surged 35% to THB1.14tr (USD40.34bn), a decade high, driven by foreign investments in data centres and cloud services. Singapore led foreign direct investments (FDI) with THB357.5bn in digital services and electronics manufacturing, followed by China with THB174.6bn in automotive and metal products. A five-year plan launched in 2023 aims to exceed THB5tr in pledges. To counter a global 15% minimum corporate tax, Thailand plans refundable tax credits. Corporate tax is set at 20%, but BOI incentives offer up to 13 years of exemptions.