Although buoyed by decades of steady expansion, Thailand – South-east Asia’s second-largest economy – saw growth falter in recent years in the wake of political unrest and challenging external conditions. However, falling global oil prices combined with stimulus packages benefited the economy and spurred a moderate recovery in 2015. The government is set to launch 20 infrastructure projects...
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Chapter | Trade & Investment from The Report: Thailand 2016
Trade and investment have witnessed robust growth in Thailand over the past 30 years, as rapid industrial development led manufacturing to overtake agriculture as a primary economic engine. This has had a dramatic impact on exports, with the country rising to become a major regional exporter of electronics, automotive parts and food products. Trade relations have also expanded in recent years...
Chapter | Country Profile from The Report: Thailand 2016
Thailand is the 20th most populous nation in the world, with a 2015 estimate of 67,959,000 inhabitants, making it the third most populous in ASEAN, after Indonesia and Vietnam. Following a period of economic decline in 2013 and 2014, estimated growth in 2015 was back at around 2.5%, with the Thai private sector driving the economy forward despite challenging conditions. Thailand is currently...
The second-largest economy in ASEAN after Indonesia, Thailand has developed a positive international reputation on the back of its pro-investment policies and well-developed infrastructure, standing as one of the most liberalised and business-friendly markets in the region.
A streamlining of the country’s post-secondary support programme is the driving force behind a recently launched review of Trinidad and Tobago’s higher education system.
Wide-ranging reforms aimed at regulating Abu Dhabi’s real estate sector and encouraging best practices look set to lift investor sentiment despite the challenging regional economic climate.