What is the role of the private sector in the city’s infrastructure development through public-private partnerships (PPPs)?
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Articles & Analysis | Household consumption picks up in Thailand following a period of stagnation from The Report: Thailand 2018
Household consumption in Thailand has been constrained by an ageing population and rising consumer debt, and a string of failed stimulus packages launched in the early 2010s led to a sharp increase in the number of distressed and non-performing loans (NPLs) in the consumer segment, exacerbating already challenging circumstances. However, the...
Articles & Analysis | Impacts of global trend towards lower corporate tax rates on economies worldwide from The Report: Thailand 2018
Recent decades have seen a downward convergence in corporate tax regimes as advanced, emerging and developing economies moved to grab a bigger slice of the global investment pie. Headline corporate tax rates have fallen by 20 percentage points since the early 1980s. Alongside lower average rates, special tax incentives aimed at capturing...
Articles & Analysis | Economic indicators and development strategies contribute to a positive outlook for Thailand in 2018 from The Report: Thailand 2018
Macroeconomic recovery in Thailand gained momentum in 2017, with GDP growth hitting a five-year high on the back of positive performance in exports, tourism and financial services, as well as a moderate uptick in private consumption. Although non-performing loans (NPLs) remain a concern for the banking sector, lending growth accelerated in...
