Thailand Industry Reports

The importance of developing the transportation sector in Thailand has gained significance as the country is being promoted as a regional trading hub and an attractive destination for tourism. Reducing logistical challenges is on the ...

Southeast Asia holds an estimated 45.7 Bbbl of crude oil reserves as of end-2019, according to data published in the 2020 edition of BP Statistical Review of World Energy. This translates into a global share of 2.6% ...

Tourism is an important source of revenues for Thailand’s economy, accounting for 19.7% of GDP and about 16% of total employment in 2019, according to the World Travel and Tourism Council (WTTC). The number of foreign tourists ...

The Asian region is home to some of the world’s biggest automotive brands, which has eventually resulted in the birth of local brands in some of the countries. The Asian countries featured in this report – China, India, Thailand ...

Healthcare remains in inadequate supply throughout most of the SEA region. The shortage is especially evident in healthcare human resources; for instance, apart from Malaysia and China, all the countries in the SEA region have fewer than 1 physician ...

The dominance of local banks in Thailand is evident from the fact that they accounted for 91.5% of total assets and 94.0% of total deposits in 2019. While local Thai banks have been consistently growing their asset base, since 2014 foreign banks have ...

Thailand’s food and beverages sector, among the most developed in the world, is the country’s third-largest by value, contributing 23% to national GDP. Thailand’s major food exports include rice, canned tuna, sugar, meat, cassava ...

Thailand’s socioeconomic background is conducive to growth in the insurance sector. Years of robust economic growth have contributed to a rising middle-class. Thailand is also aging at a rapid pace, and the complex, evolving needs of the ...

Thailand’s strong economic growth has resulted in a constantly increasing demand for oil and gas. Natural gas accounts for about 60% of the country’s power generation. Its oil and gas reserves are decreasing amid rising domestic petroleum ...

Thailand saw its Internet economy grow to USD 16bn in 2019 from USD 6bn in 2015, driven by sustained increase in penetration of mobile and broadband services in the country. The mobile and fixed broadband subsectors are intensely competitive with few ...