Thailand’s rail transport sector is set to expand over the next decade, with construction on a new high-speed railway line to begin as early as next year while upgrades to the country’s mass rapid transit system are already under way.
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An initiative driven by Thailand to develop closer financial integration and cooperation among Greater Mekong Sub-region (GMS) countries could bolster Bangkok’s position as a capital markets and banking centre.
Economic update | Thailand takes steps to boost FDI
19 Jul 2016
Tax exemptions and other incentives are set to spearhead Thailand’s efforts to boost foreign direct investment (FDI) in targeted areas of the economy.
A stronger-than-expected performance in the first quarter has prompted analysts to revise their year-end growth forecasts for the Thai economy, though some remained cautious in the face of ongoing challenges both at home and abroad.
Drought conditions caused by the El Niño weather pattern have seen output ease in Thailand’s agricultural sector, with water shortages predicted to slow economic growth in 2016.
Articles & Analysis | Thailand overhauls its aviation industry after regulatory downgrade from The Report: Thailand 2016
Despite Thailand boasting a top-rated airport and a flagship carrier ranked in the top 20 globally, the country’s aviation sector was hit in 2015 by a series of negative reviews and downgrades by a foreign regulator and an international aviation organisation. The assessments surprised the travelling public and gave rise to a number of...