Thailand

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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.

MAIN LANGUAGES

Tagalog

English

Spanish

POPULATION

103.3 million (2016)

LAND AREA

513,120 km²

CAPITAL

Manila

CURRENCY

Philippine Peso (PHP)

TIME ZONE

GMT +8

EASE OF DOING BUSINESS

Ranked 26 out of 190 economies (World Bank Doing Business 2018)

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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.

www.boi.go.th | (662) 553 8111 | foreign@boi.go.th 

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LATEST UPDATES

Thai aquaculture to stay soft in 2020: Report

The house has held to its “market weight” rating on Thailand’s food sector.

Thailand air traffic may have peaked: Report

Tourism has been making an outsized contribution to the Thai economy of late.

Thai O&G sector to recover in 2020 with SPRC and TOP as top picks: UOB Kay Hian

THAILAND'S oil and gas (O&G) sector earnings should bottom out in 2019 and rise in 2020, thanks to higher gross refining margins (GRM) enjoyed...

Southeast Asian tourism is benefitting from the ongoing geopolitical tensions in Northeast Asia: ANZ

Southeast Asia has benefited from a growing tourism sector, as tourists prefer Southeast Asia over Northeast Asia due to the latter's ongoing...

The Greater Mekong region will urbanise faster than UN’s estimates: ANZ

With increasing clustering taking place around existing cities, the rate of urbanisation in the Greater Mekong region, which comprises Cambodia,...

E-commerce may boost Thailand SMEs' income and reach

Bricks-and-mortar vendors in Thailand saw receipts from both online and offline sales increase after adopting e-commerce, a survey has found.