Thailand

Capital: Bangkok; GDP growth (annual %) 2016: 3.2 %
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Key Facts
Full name: Kingdom of Thailand
Population: 68.1 million (UN, 2010)
Area: 513,115 sq km (198,115 sq miles)
Major language: Thai
Major religion: Buddhism
Life expectancy: 67 years (men), 73 years (women) (UN)
Monetary unit: 1 baht = 100 satangs
Main exports: Food including rice, seafood and live animals, office equipment, textiles and clothing, rubber
GNI per capita: US $3,760 (World Bank, 2009)
Internet domain: .th
International dialling code: +66
  • Climate change laws around the world

    2017/05/14

    There has been a 20-fold increase in the number of global climate change laws since 1997, according to the most comprehensive database of relevant policy and legislation.

    The database, produced by the Grantham Research Institute on Climate Change and the Environment and the Sabin Center on Climate Change Law, includes more than 1,200 relevant policies across 164 countries, which account for 95% of global greenhouse gas emissions.

  • Thailand Year in Review 2016

    2017/04/17

    A slow-paced economic recovery and ongoing concerns over political stability were the hallmark of Thailand’s year in 2016, though the new year should bring stronger prospects.

    Changes abound

    Thailand closes out 2016 under something of a cloud, mourning the death of long-reining monarch King Bhumibol Adulyadej on October 13. Having ruled for 70 years, the passing of the 88-year-old chief of national has added an additional element of uncertainty to the current social and economic environment, with the king often having provided a stabilising hand in troubled times.

  • Asia Economic Roundup: July 2016

    2016/07/18

    Without a doubt Britain’s decision to abandon the European project will be remembered globally as a wake-up call for political elites around the world. It seems the people chose to go against immediate economic interest and accept an extra financial turmoil in order to address deeply seated social and identity issues.

    Although Asia’s exposure to the UK is relatively limited and this is not exactly a “Lehman Moment”, nonetheless we can expect a lively debate as policymakers in Asia look for an appropriate response to address the needs of vulnerable households.

  • Thailand Year in Review 2015

    2015/12/27

    Coming off a weak 2014, with economic increase of just 0.7%, Thailand’s economy staged a slow but steady recovery year-to-date (YTD), and is well placed to build momentum into 2016.

    GDP expanded by 2.9% in the third quarter, above market expectations, driven by stronger export request and higher levels of public spending, as the impact of the government’s investment programmes began to register.

  • Towards A Transboundary Haze-Free ASEAN By 2020: Prevention And Collaboration

    2015/11/16

    To sustain the efforts of a transboundary haze-free ASEAN, it is significant to remain vigilant and be prepared early enough to prevent any occurrence of fires. This calls for better early warning systems and swift deployment of fire-fighting resources even before the fires starts.

  • Thai Prime Minister Prayuth Chan-ocha talks on the anniversary of the military coup

    2015/06/06

    Thailand’s military-led government has invoked Article 44 of the interim constitution to replace martial law. The controversial article vests complete power and authority with Prime Minister General Prayut Chan-ocha in his capacity as chief of the National Council for Peace and Order — Thailand’s junta that has governed through martial law for over 10 months so far. The replacement of martial law with Prayut’s absolute authority yields several immediate implications.

  • China and Japan vie for influence with Thai rail projects

    2015/03/06
    The strategic rivalry between Japan and China in Asia is finding expression not only in territorial disputes in the east China sea but as well in plans for railways to criss-cross Thailand and from presently on link the country to a wider Indochina rail network.
    Both lines will serve primarily as freight transport systems. The planned Chinese-backed railway will run north-south from Thailand’s major deep seaport in Rayong to the Laos border at Nong Khai, with a separate spur that connects to Bangkok.
  • Thailand Year in Review 2014

    2015/02/15

    A slowing of domestic and overseas request, combined with uncertainty over Thailand’s political direction, cooled the economy in 2014, with most forecasts for this year indicating increase will remain subdued.

    Thailand’s economy is still rebalancing next the social unrest in the early months of 2014 and a military intervention in May. Although the coming-to-power of a government has seen a marked decline in protests and disruptions to the economy, there has as well been a scaling back of investment projects and national spending, which is likely to curb increase.