Thailand: Asia's strategic gateway opens door to opportunities

摘要

Thailand,Southeast Asia's second largest economy,has made great strides over the years,progressing from a low income to an upper income economy.The country has a strong industrial sector,and a well performing services sector,both representing 40% and 50% of GDP,respectively.According to the World Bank,in 2018,the Thai economy posted its highest growth in six years,at 4.1%,despite external challenges to its tourism and trade industries.And even with the decline in manufacturing/exports in the first three months of this year,due to the political fray surrounding the recent elections and lower consumer confidence,the Thai Chamber of Commerce(TCC)has advised that the country is poised to achieve a GDP growth of 3.5%.