As the hub of ASEAN, Thailand has good prospects with significant growth potential. A large current account surplus and strong international reserves make the country less susceptible to external shocks, while low inflation and a low unemployment rate indicate relatively strong economic fundamentals. Thailand is in a very competitive position...
Loan growth in Thailand fell in 2016 as slower-than-anticipated infrastructure spending and weak private consumption weighed on the consumer segment, while corporate lending fell as firms increasingly turned to bond markets for more favourable terms.
An initiative driven by Thailand to develop closer financial integration and cooperation among the Greater Mekong Subregion countries could bolster Bangkok’s position as a capital markets and banking centre. Thailand’s campaign to strengthen fiscal and economic ties with its near neighbours reached a new level in June 2016, when it hosted a...
How will volatility in global markets impact short-term capital flows to and from Thailand?
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