Despite the political and social challenges that marked late 2013, Thailand’s economy has remained stable and is poised for further growth in the coming years. However, concerted action by the public and private sectors will be needed for the country to avoid the middle-income trap of stagnating productivity and to maintain its stance as a top Asian economy.
Three years into a second decade of planned reforms, the Thai educational system is facing a growing public crisis of confidence as the Ministry of Education’s (MoE) performance is outpaced by a rapidly evolving economy. Compounded by six years of domestic political instability and a global economic crisis, public debate rages on the nation’s...
Valued at BT129bn ($4.11bn) in 2011 by the Board of Investment (BOI), Thailand’s pharmaceuticals industry continue to ride high on growing domestic and export demand. These prospects are expected to push market value to BT225bn ($7.18bn) by 2019, in which time Thailand’s own Government Pharmaceutical Organisation (GPO) is hoping to tap into the 2015...
Investment in Thailand’s health care services over the last 40 years have created an internationally lauded system and a paragon for lower- and middle-income economies. Yet as the nation’s economy has prospered, Thailand is facing a growing occurrence of chronic, non-communicable diseases among its ageing adult population, leading to a trend in...
The advent of the ASEAN Economic Community (AEC) in 2015, has presented Thailand and the Ministry of Education (MoE) with a shift in the region’s status quo that has required wholesale reform of the education system (see overview). Yet the AEC also presents opportunities for Thailand to capitalise on international demands for education across all...
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