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.
103.3 million (2016)
Philippine Peso (PHP)
EASE OF DOING BUSINESS
Ranked 26 out of 190 economies (World Bank Doing Business 2018)
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.
The kingdom is at risk of a protracted economic slowdown in the next decade, analysts at Fitch Solutions have suggested.
Tourism operators expect business as usual in the third quarter
MOM-AND-POP retailers in Thailand could benefit from upcoming inflation, even though earlier downward pressure on prices have eaten into sales, a...
ASEAN is coming of age. Sixty per cent of the ASEAN population today is under 35 years old. The region is only behind China and India for having...
Thailand's tourism sector may see a modest boost in the coming months as Chinese tourists start returning to the country.