What more can APEC do to promote the development of micro-, small and medium-sized enterprises (MSMEs) in the region?
Increasing levels of private consumption and investment, backed by the government’s infrastructure programmes, helped Thailand’s economy expand in 2018, although a decline in external demand and lower tourism receipts are expected to dampen full-year growth.
High rates of digital banking growth and an increase in online transactions have coincided with new investment in Thailand’s e-commerce segment, with online shopping market share expected to treble within five years.
How do you see the newly formed Infrastructure Asia dovetailing with transnational initiatives like the Belt and Road?
Thailand is moving forward with plans to expand its transport infrastructure, with some of the country’s largest companies gearing up to bid on a high-speed rail line linking three key airports. Other major rail projects have also experienced progress in recent months.
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
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