How will a free and open investment regime help increase investment into ASEAN?
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Interviews & Viewpoints | OBG talks to Surin Pitsuwan, Secretary-General, ASEAN from The Report: Thailand 2012
Articles & Analysis | The next chapter: Long-term focus is now on expanding the economic base and reducing reliance on exports from The Report: Thailand 2012
Diversified and globally integrated to a high degree, Thailand’s economy has also proven itself to be resilient to shocks of recent years, both external and internal. The country’s decades-long incentives-based policy for attracting foreign direct investment (FDI) has been one of the great successes of developing-market economics, having boosted the...
Articles & Analysis | Life in colour: A diverse ecosystem and population help the country thrive from The Report: Thailand 2012
The Kingdom of Thailand, formerly known as Siam, is situated in the heart of South-east Asia. Thailand lies between the Lao People’s Democratic Republic to its north-east, Myanmar to its north-west and western, Cambodia to the south-east, and Malaysia on the southern border.
Interviews & Viewpoints | Tony Blair, former Prime Minister of the UK, on challenges and opportunities of globalisation from The Report: Thailand 2012
In the light of the devastation caused by flooding, I have huge sympathy and admiration for the courage, dignity and determination of Thai people. Thailand is open for business and can be confident of its future, and the world should be confident as well.
Articles & Analysis | Reduced barriers: Economic integration of ASEAN nations moves a step forward with new initiatives from The Report: Thailand 2012
Long-term trends have Thailand’s economy tilting ever closer to its own region, renewing a focus that had taken a back seat as the growth of manufacturing in the country led to a greater exposure to the world’s most developed economies. Natural market forces are one catalyst, as consumer demand in nearby countries such as China and Indonesia is on...
Articles & Analysis | Rebalancing wealth: The impact of the rise in the minimum wage from The Report: Thailand 2012
One of the most important changes to the Thai economy expected for 2012 came on April 1, when the minimum wage in Bangkok and six other of Thailand’s 75 provinces was boosted from about BT220 ($7) to BT300 ($9.60) – a 36% jump. The wage hike will be applied to all provinces in January 2013, and will fulfil one of the current government’s major...