Lost in the competitive shuffle of modern manufacturing industries peddling all manner of contemporary wares from hard drives to canned tuna, one of civilisation’s oldest professions continues to thrive in Thailand – the gems and jewellery trade. Thailand has centuries of experience in the industry under its belt and has cultivated an...
Thailand’s continued economic success, relatively young and increasingly affluent population, well developed urban infrastructure and its status as a popular tourist destination have all coalesced to make the country a premier market for luxury goods on par with other regional commercial centres such as Hong Kong or Singapore. Yet Thailand,...
Solid economic growth averaging roughly 4% annually since 2000 along with the country’s solid industrial and export base has fuelled a steady rise in domestic income across all income levels over the past decade and a half, leading directly to a rise in consumer spending power. Although the sector has been buffered by several shocks in recent...
Over the past 50 years Thailand has nurtured its automobile industry into a stalwart pillar of its industrial base as the country has established itself as the premier automotive hub within the South-east Asian region and beyond. A snapshot of automobile assemblers operating in the country reveals a line up fit for any international auto show...
Thailand’s oil and gas industry has been providing a steady if somewhat limited stream of new hydrocarbons deposits for decades, helping to offset the country’s growing demand for fossil fuels. The industry has remained largely stable over the years by striking a balance between government regulation and private sector incentives which have...
Up to this point, Thailand’s strategy of providing affordable energy to the country primarily by exploiting domestic natural gas supplies – supplemented by foreign imports – has been successful in meeting growing domestic demand while maintaining tariff rates competitive enough to remain attractive for industrial customers. Yet as domestic oil...
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