E-commerce in Thailand is growing rapidly and is set to become a main driver of internet development. To a great extent, 4G is responsible for the transformation, as it will be bringing faster connectivity to a large, nationwide pool of consumers. Estimates place e-commerce spending growth over the next five years at 18.2%. The subsector is...
Following two challenging years, during which the country has experienced slower overall economic growth and reduced spending on large government contracts, the construction industry came roaring back to life in 2015 with the strongest growth rates on record. The resurgent construction sector expanded by a whopping 15.8% in 2015, making up for...
Buoyed by robust domestic demand and persistent foreign interest in Thailand as both a desirable location for vacation homes and a commercial base within the ASEAN community, the Thai real estate sector continues to perform well even in the face of slowing regional economic growth. In late 2015 the sector showed a significantly improved...
How have Thai contractors reliant on government projects managed the shortage of work being released in 2015 and previous years?
The country’s mass transit capabilities have grown by leaps and bounds over the past decade as the rollout of a network of road and rail projects has eased the gridlock in Bangkok. The increasingly broad reach and efficiency of the operating rail system has not only proven effective in easing travel for residents and visitors to the city and...
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