By coordinating its extensive, if fragmented and disjointed, network of buses, underground trains, elevated trains and boats, Bangkok can lay claim to the whole being greater than the sum of the parts, depending upon its degree of success.
Thailand
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Interviews & Viewpoints | OBG talks to Sorajak Kasemsuvan, Former President, Thai Airways International from The Report: Thailand 2014
What impact has the rise of low-cost carriers (LCCs) had on the aviation market in the ASEAN region?
Despite the political and social challenges that marked late 2013, Thailand’s economy has remained stable and is poised for further growth in the coming years. However, concerted action by the public and private sectors will be needed for the country to avoid the middle-income trap of stagnating productivity and to maintain its stance as a top Asian economy.
Interviews & Viewpoints | OBG talks to Chadchart Sittipunt, Minister of Transport from The Report: Thailand 2014
What role can the transport infrastructure plan play in Thailand’s sustained economic development?
Articles & Analysis | All to play for: Huge transport infrastructure programme on hold as AEC dawns from The Report: Thailand 2014
That the devil is in the details has rarely been exemplified better than by Thailand’s proclamation that it planned to enter the high-speed rail (HSR) business in a hurry. The announced projects include four lines that connect Bangkok with the northern city of Chiang Mai, the Laotian border, the industrialised eastern seaboard and Malaysia. The...
Accounting for 30.1% of bank lending in the second quarter of 2013, consumer lending has been the key driver of loan growth. Household debt rose from 56% of GDP in 2007 to 77% in 2012. Dominated by Thai lenders, the banking sector remains well-capitalised and liquid. Strong fee-revenue growth is offsetting pressure on net interest margins. Due to increased competition for deposits, net interest...