Asia Economy

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LANGUAGE: Thai is the official language and it comprises five different tones, which can be difficult to distinguish for non-native speakers. English is widely understood in most business and tourist centres, particularly Bangkok, Chiang Mai, Pattaya, Hua Hin, Koh Samui and Phuket. Road signs are...

Chapter | Trade & Investment from The Report: Thailand 2018

With a robust export economy dominated by the manufacturing industry, Thailand has long benefitted from foreign investment in key sectors, such as automotive and electronics, while its agriculture and agro-food base has pushed it to the forefront in global rubber, rice and seafood production. Trade and investment have been under pressure in recent years, and a number of factors have...

Chapter | The Guide from The Report: Thailand 2018

This chapter contains hotel listings for business and leisure travelers, a directory of government ministries and agencies, and contact information for foreign embassies. It also offers useful information for new arrivals to the country.

Chapter | Country Profile from The Report: Thailand 2018

Following the death of His Majesty King Bhumibol Adulyadej in October 2016, a major chapter in the history of the kingdom closed and another opened, with His Majesty King Maha Vajiralongkorn Bodindradebayavarangkun now on the throne. Meanwhile, the government of the National Council for Peace and Order (NCPO), led by Prime Minister Prayut Chan-o-cha, continues to rule following its removal of...

In its April 2018 Economic Monitor for Thailand, the World Bank reported that GDP growth accelerated to 3.9% in 2017, from 0.91% in 2014, 2.94% in 2015 and 3.23% in 2016. This was the fastest expansion since the 7.24% recorded in 2012, and was driven by strong global growth, increased export revenue and a modest recovery in private consumption.

Sri Lanka has moved to increase foreign direct investment (FDI) flows following the launch of a new programme aimed at streamlining Customs procedures to boost trade.

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