Thailand

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Even as oil prices continue to fall, petroleum executives and government officials in Thailand are renewing their call for the development of biofuels, testifying to the country's far-sighted outlook on energy policy.
The Thai bond market is seeing a flurry of new offers as companies seek to raise new capital, while at the same time central bank issues are experiencing increased demand on the expectation of lower interest rates.
The Thai government's announcement of a large spending scheme may help the economy push through tougher times ahead, though growth still seems likely to remain under pressure.
The Thai banking sector remains remarkably resilient, with only a slight tightening of liquidity and interbank lending caused by the international financial meltdown.
Thailand's automotive sector continues to grow, benefiting from the country's competitive advantages and official incentives, thanks to a range of recent and forthcoming measures.
Thailand's real estate sector is expected to pick up pace in the second half of the year as a range of demand factors drive growth.

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