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Business News – All the latest financial and business news from Thailand and abroad.

 

Business In Thailand

 

After Indonesia, Thailand is the second largest economy in Southeast Asia and is conveniently positioned as a gateway for continental ASEAN. Thailand, a regional pioneer in tourism, automotive and electronics, has shown a resilient economy amid volatile political situations in recent years.

 

Long ranked as one of the fastest-growing countries in Southeast Asia, Thailand has conquered its position as one of its top exporters. However, now led by services and manufacturing, Thailand is also a regional center for many industries and a pioneer in the development and export of a variety of agricultural commodities and finished goods.

 

Thailand has become a regional hub for the automotive industry, thanks in particular to massive foreign investment , particularly by Japanese companies. It is also a large production center for electrical and electronic appliances and components that are exported all over the world.

 

A leader in the production and export of a number of agricultural commodities, such as rice, rubber and fishery products, Thailand is primarily a service economy with a strong financial sector.

 

Thailand is a leader in tourism in Southeast Asia in terms of the number of foreign tourists arriving. With Bangkok, a global city with a rich heritage, world-famous islands and beaches, jungles and forests, and a world-famous UNESCO World Heritage Site, Thailand has long been marketed as “Amazing Thailand.”


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