Thailand’s new reforms encourage stability and value-added production
Although it fell three places in the World Bank’s “Doing Business 2016” survey, Thailand retained its position within the world’s top 50 economies in terms of ease of doing business, ranking 49th of 189 countries.
Thai Condominium Prices show 60 percent increase since 2009
Apichart Chutrakul succeeded in transforming a small family construction business into one of the biggest developers in Thailand. He believes Thai Condominium Prices are still cheap in Thailand, despite a 60% price jump since 2009.
The recovery is expected to strengthen moderately, with real GDP growth projected at 3 percent in 2016 and 3.2 percent in 2017. A slight improvement in confidence and low energy prices foreshadow a pickup in private consumption.