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Thailand’s budgets for 2017 and 2018 will see a significant increase in spending and public investment as the government moves to boost economic growth through infrastructure development, expansion of value-added manufacturing and support for small businesses and the service economy. The 2017 budget forecasts a spending increase of over 20%...

Loan growth in Thailand fell in 2016 as slower-than-anticipated infrastructure spending and weak private consumption weighed on the consumer segment, while corporate lending fell as firms increasingly turned to bond markets for more favourable terms.

As the hub of ASEAN, Thailand has good prospects with significant growth potential. A large current account surplus and strong international reserves make the country less susceptible to external shocks, while low inflation and a low unemployment rate indicate relatively strong economic fundamentals. Thailand is in a very competitive position...