Economy

Framed by the overarching Sufficiency Economy Philosophy (SEP) developed by King Bhumibol Adulyadej, Thailand’s development policy aims for inclusive and broad-based growth that leverages key strengths of the economy towards higher domestic value added. Having successfully evolved from a primarily agrarian society to an economy with a wide...

Inheritors of an ancient land and a complex culture, today’s Thais once again face some difficult social and political challenges. Yet, despite the confrontation that has resulted from these tensions during much of late 2013 and early 2014, the country continues to grow and develop, with much of it unaffected by the turmoil in certain high-...

As a founding member of ASEAN, a long-time ally of the US and the West – and a member of the UN, World Bank, IMF and a host of other multilateral organisations – Thailand has long been connected to the wider world. Indeed, recently Bangkok celebrated 500 years of diplomatic relations with one Western nation – Portugal. Throughout the years too,...

The Kingdom of Thailand, formerly known as Siam, covers an area of approximately 514,000 sq km and is situated in the heart of South-east Asia. It lies between the Lao People’s Democratic Republic to its north-east, Myanmar to its north-west and west, Cambodia to the south-east and Malaysia to the south.

NATIONAL CHARACTER: Emiratis are known for their warm hospitality, a feature that is embedded in traditional culture, as well as modern business practice. They also take pride in their rich heritage.

Located in the west of the emirate, Al Gharbia has long been an important pillar of Abu Dhabi’s economy. In the coming years, it is set for substantial investment as the government looks to rejuvenate the region and ensure that local talent is retained and plays an integral role in development. As such, over the next two decades, a host of...