Thailand

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Thailand's economy may be poised for a bounce back after it was hit by the global financial crisis, with the country's capital markets showing signs of leading the way back to growth.
Though many of Thailand’s leading insurance firms are predicting solid annual results, with policies written and premiums earned expected to rise, it is unlikely the industry will achieve the growth levels recorded in recent years as the effects of the global economic crisis take hold.
Thailand's government is having to balance hard economic realities with the need to provide relief to many in the community, especially those in lower-income brackets, as it mulls whether to continue price subsidies for liquid petroleum gas (LPG).
Thailand is looking to cash in on its reputation as one of the world's leading destinations for medical tourism, presenting the advantages of cost, availability and service, though it faces some challenges from rivals abroad and difficulties at home.
While Thailand’s economy formally entered recession as of the end of the first quarter of the year, with exports falling sharply, many experts and officials believe the worst is over and recovery is within sight.
Like much of Thailand's economy, the country's real estate sector is under significant pressure from the ongoing financial crisis, which along with continuing political instability is sapping consumer and investor confidence.

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