On the back of improved technology and lower costs, the government in Thailand could soon boost the renewable energy segment further by revising upwards the long-term target for its contribution to the electricity generation mix.
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Reforms lifting foreign ownership ceilings may prompt a wave of overseas investment in Thailand’s insurance sector, though the industry’s highly competitive environment could also see smaller operators come under pressure.
Economic update | Thailand homing in on investment
27 Feb 2017
The Thai government announced a series of new incentives and support mechanisms in late 2016 and early 2017, aimed at boosting foreign investment in key industries.
Economic update | Thailand Year in Review 2016
28 Dec 2016
A slow-paced economic recovery and ongoing concerns over political stability were the hallmark of Thailand’s year in 2016, though the new year should bring stronger prospects.
A gradual recovery of the Thai economy should spur greater activity in the country’s retail sector, though it will take time for the market to regain momentum, with consumer sentiment still cool and the sector exposed to domestic and international headwinds.
An expanded product range aimed at broadening the client base alongside plans to target new markets are part of Thailand’s campaign to shore up its medical tourism industry, which is coming under pressure from increased competition and weaker economic performance in key source countries.