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

Post-Covid activity recovering in Vietnam, Thailand, Malaysia

The recovery of domestic tourism could also aid the hospitality and aviation sectors, said Maybank Kim Eng economists.

Thailand healthtech field set to grow: Report

The value of Thailand’s overall medical device market is pegged to hit US$1.45 billion in 2020.

Thailand faces growing political risks amid pandemic: report

The economic toll could hurt social stability, said Fitch Solutions Country Risk and Industry Research

New online channel for Thailand's food wholesalers to access region

SMALL businesses in Thailand’s food manufacturing and wholesale trade industries have been encouraged to buy and sell across regional borders.

Regional automakers' supply, sales to take a hit from pandemic

Markets such as Thailand could see production stoppages, Fitch analysts warned.

Thailand's 2020 growth could be nearly flat due to Covid-19: Citi

Citi's full-year growth estimate for Thailand has been revised down to 0.2 per cent, from 2.2 per cent previously.