123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Business >> View Article

Supportive Government Policy And Good Relation With Neighbouring Countries To Boost Economic Growth

Profile Picture
By Author: Lucintel LLC
Total Articles: 5254
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

Thailand’s economy is dominated by the service sector, which contributed approximately 55.9% to the total GDP in 2016. Wholesale & retail trade is the major contributor with 15.4% of GDP. The government of Thailand is expected to increase investment on a number of projects that will help further develop on various sectors, such as infrastructure, robotics, aviation & logistics, biofuels & biochemical, digital, and medical hub. Thailand has Sustainable Development Goals which promote integrated water management, fight against corruption, and provides the policy framework and strategy to respond to changes in global economy, while promoting modernization of the industry and improving the standard of living in the country. The Thai government is focusing on developing the economy by upgrading production and service based technology, innovation, and creativity.

Lucintel, a leading global management consulting and market research firm, has analyzed the political, economic, social, technological, legal, and environmental factors of Thailand and has come up with a comprehensive research report, “PESTLE ...
... Analysis of Thailand 2017.” This report provides an analysis of the Thai economy from historical, current, and future perspectives. SWOT analysis, scenario analysis, and risk analysis of Thailand is also included in the report. The report also includes forecast for the Thai economic growth through 2022.

The report highlights various drivers and challenges which have influence on investment decisions in the economy. The Thai economy enjoys a low rate of inflation and interest which is increasing the country’s purchasing power parity. Thailand has strong foreign exchange reserve which shows the country’s currency strength. Thailand faced very challenging condition in terms of political stability, frequent occurrence of natural calamities, and social challenge of high corruption rate.

Total Views: 353Word Count: 275See All articles From Author

Add Comment

Business Articles

1. Lucintel Forecasts The Global Wall-mounted Ac Ev Charger Market To Grow With A Cagr Of 22.4% From 2025 To 2031
Author: Lucintel LLC

2. Technology Landscape, Trends And Opportunities In Global 3d Printing Photopolymer Market
Author: Lucintel LLC

3. Lucintel Forecasts The Global Smart Home Market To Reach $372 Billion By 2030
Author: Lucintel LLC

4. Second Marriage Matrimonial – Verified Matches & Free Registration
Author: Truelymarry

5. Core: Leading The Way In Managed It Services For Businesses Across London
Author: IT Management

6. The Role And Function Of A Collection Agency
Author: Bennett Carter

7. Understanding Debt Collection Agencies: What They Do And How They Affect Consumers
Author: Bennett Carter

8. How To Use An Smm Panel Effectively For Fast Social Media Growth
Author: Smm Panel

9. Essential Tips For Beginners And The Power Of Professional Editing
Author: Sam

10. How To Improve Field Staff Efficiency With Geolocation Tools
Author: TrackHr App

11. Building An Effective Energy Management System
Author: Jane

12. Internal Auditor Training: The Key To Effective Risk Management And Compliance
Author: Sqccertification

13. Why Accurate Accounting In Property Management Is The Key To Higher Roi
Author: Harsh Vardhan

14. Kaal Sarp Puja In Trimbakeshwar – Benefits, Process & Trusted Pandit Contact
Author: Pandit Milind Guruji

15. Data Entry Vs. Data Processing: What’s The Difference And Why It Matters
Author: Allianze BPO

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: