Thailand is a constitutional monarchy and has switched between parliamentary democracy and military junta for decades. It became a newly industrialised country and major exporter in the 1990s. Leading contributors to economic growth include manufacturing, agriculture, and tourism.
103.3 million (2016)
Philippine Peso (PHP)
EASE OF DOING BUSINESS
Ranked 26 out of 190 economies (World Bank Doing Business 2018)
The Office of the Board of Investment (BOI) is a government agency under Thailand's Office of the Prime Minister. It is responsible for promoting valuable investment - both investment into Thailand and Thai investments overseas.
Since the enactment of the Thailand’s Trade Competition Act B.E. 2560 (2017) (“2017 Act”), the Trade Competition Commission (“Commission”) has...
Successful elections on March 24 will boost investor confidence and growth prospects, said economist
A broad-based weakness, including falls in agriculture and manufacturing volumes, has led Thailand’s exports to under-perform the rest of the...
On the back of increased risks to exports and government consumption and investment not accelerating as much as expected, Citi Research is...
Policy continuity expected regardless of results, say economists
Thailand’s economic growth in the fourth quarter of 2018 is likely to pick up from Q3, as stronger net trade balance and tourism offset a slight...