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

Analysts downgrade Thailand growth forecast due to virus

Tourism expected to take a hit in Q1 but bounce back in H2

Light on the horizon for Asia-Pac airlines: DBS

Earnings for Asia-Pacific airlines should see some recovery in 2020, thanks to a bottoming of the global economy and better supply-demand dynamics...

Asean property stocks will continue to outperform in 2020: Morgan Stanley

The Asean property market is still attractive in 2020, as stocks will continue to outperform on healthy property fundamentals amid a constructive...

ASEAN-5 likely to lead “a relatively fragile recovery” in 2020: Nomura

ASEAN is likely to see a gradual rather than V-shaped recovery in 2020, with the five largest Asean economies expected to clock gross domestic...

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.