• Economy

    OBG provides coverage of the major macro-economic trends within local economies, including GDP growth, government budgeting, public debt, balance of payments, monetary policy and long-term development strategies.
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The 2011 elections gave the government a strong mandate to regain a proactive international role, stressing commitment to democracy, justice and reconciliation. Following the 2006 military coup d’état, Thai prime ministers were denied meetings with the US president, a historically routine matter for a close US ally in Southeast Asia. The...

What kind of role, in your opinion, will foreign investment play in the kingdom’s economy in 2015?

What is the thrust of the bilateral economic relationship? How high do economic ties rank?

Current economic strength has come from exports to the world’s most-developed economies; the result of decades of consistent economic policy on foreign investment. A combination of incentives for foreign manufacturers, low-cost labour and economic zones called industrial estates have attracted globalised firms, along with their suppliers in the...

When considering development, first and foremost we must keep in mind humanitarian considerations. If we are to be kind to our fellow countrymen, known to be in dire need, the authorities endowed with both knowledge and wealth must go to their assistance.

The Kingdom’s economy is making steady progress towards regaining lost momentum following the global financial crisis and civil unrest in 2011. However, the recovery will need to be managed carefully if past losses are to be fully recouped.

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