This section includes an article about Songkran, the Thai water festival celebrating the New Year, as well as a feature about the tranquil and historic city of Kanchanaburi. OBG also offers information on hotels, government and other listings, alongside useful tips for visitors on topics like currency, visas, language, communications, dress, business hours and electricity.
Asia Economy
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Thailand’s plans to climb the ladder toward becoming a high-economy country were put on hold by disastrous floods in late 2011. Real GDP contracted 9% and losses were estimated at $44.7bn, but recovery, particularly for the hard-hit industrial estates, has been relatively swift. The focus is now on mitigating Thailand’s dependence on low-cost manufacturing exports for growth, which is risky given...
Chapter | Country Profile from The Report: Thailand 2012
This chapter features interviews with His Majesty Bhumibol Adulyadej, King of Thailand; Yingluck Shinawatra, Prime Minister of Thailand; Surin Pitsuwan, Secretary-General, ASEAN; Lyonpo Khandu Wangchuk, Minister for Economic Affairs, Kingdom of Bhutan; William Hague, UK Secretary of State for Foreign and Commonwealth Affairs; and Tony Blair, former Prime Minister of the UK.
Located in the heart of South-east Asia, Thailand combines an ancient Buddhist culture with an emerging industrial economy. It is the only South-east Asian country never to have been colonised, and the monarchy dates back to the 14th century.
Articles & Analysis | Into the jungle: Trekking along the Kokoda Trail from The Report: Papua New Guinea 2012
Running 97 km along the central mountain range in Papua New Guinea, the Kokoda Trail played an important part in the history of the Second World War in PNG. Beginning at Owers’ Corner on the southern side of the Owen Stanley Range, it runs across the mountains to the Kokoda plateau in the Yodda Valley. From Kokoda, the track slips down towards...
Articles & Analysis | Starting small: New support for SMEs could lead to large-scale expansion from The Report: Papua New Guinea 2012
The great majority of economic activity in Papua New Guinea takes place outside the formal economic system. Indeed, according to AusAID, the Australian government’s international aid entity, some 85% of PNG’s economy is informal, primarily consisting of semi-subsistence agricultural activities. A substantial percentage of the informal businesses in...