Thailand Articles & Analysis

Despite considerable geopolitical volatility, Thailand’s economy remains well diversified, stable and poised for expansion in 2017.

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Rising overseas demand for goods and services pushed Thailand’s GDP towards five-year highs in 2017, with business-friendly fiscal policies and planned spending on infrastructure expected to support further expansion in 2018.

Steady demand for life products has continued to underpin growth in Thailand’s insurance market, with shifting demographics and government efforts to boost personal and retirement coverage providing opportunities for insurers.

New retail legislation, combined with developments in consumer purchasing habits, are set to impact activity in Thailand’s retail sector, particularly the food and drink segment.

What do you think is driving the growing infrastructure gaps throughout emerging and developing economies in Asia?

Already a rising player in global innovation rankings, Thailand is looking to further improve its standing by widening broadband access.

Solid growth in exports, combined with a gradual improvement in domestic demand, has prompted an upward revision of Thailand’s economic outlook by the central bank.