The Oxford Business Group has launched its yearly book to provide readers with the economic insight after the recovery of Thailand from last year’s devastating flood.
The book “The Report: Thailand 2012” was created with research assistance from the Board of Investment or BOI.
The group’s latest report on Thailand also maps out the country’s preparations for the ASEAN integration in 2015, which is expected to bring intra-regional exchange and an opening up of the markets. It gives details of the government’s plans to build on the country’s well-established tourism sector by driving growth in the “Meetings, Incentives, Conventions, and Exhibitions,"or MICE industry, as well as building up regional tourism sources.
As Thailand is going into the ASEAN Economic Community in 3 years’ time, Atchaka Sibunruang, Secretary General of the BOI, stated Thailand will need to improve on many things such as policy revision, basic infrastructure, and transportation system.
She also went on to mention the catastrophic flood and political uncertainty Thailand had encountered, adding that while the flood and politics had undoubtedly tested Thailand, the speed of the country’s recovery, together with its success in maintaining private sector growth momentum, would instill confidence in the investors.
In conclusion, “The Report: Thailand 2012” marks the culmination of more than 11 months of field research by a team of Oxford Business Group analysts. It will be a vital guide to the many facets of the country, including its macroeconomics, infrastructure, banking and other developments.-VNA
The book “The Report: Thailand 2012” was created with research assistance from the Board of Investment or BOI.
The group’s latest report on Thailand also maps out the country’s preparations for the ASEAN integration in 2015, which is expected to bring intra-regional exchange and an opening up of the markets. It gives details of the government’s plans to build on the country’s well-established tourism sector by driving growth in the “Meetings, Incentives, Conventions, and Exhibitions,"or MICE industry, as well as building up regional tourism sources.
As Thailand is going into the ASEAN Economic Community in 3 years’ time, Atchaka Sibunruang, Secretary General of the BOI, stated Thailand will need to improve on many things such as policy revision, basic infrastructure, and transportation system.
She also went on to mention the catastrophic flood and political uncertainty Thailand had encountered, adding that while the flood and politics had undoubtedly tested Thailand, the speed of the country’s recovery, together with its success in maintaining private sector growth momentum, would instill confidence in the investors.
In conclusion, “The Report: Thailand 2012” marks the culmination of more than 11 months of field research by a team of Oxford Business Group analysts. It will be a vital guide to the many facets of the country, including its macroeconomics, infrastructure, banking and other developments.-VNA
