Foreign firms still keen on Thailand
Country tops Southeast Asian markets for expansion over the next 2 years, says HSBC
Foreign firms operating in Southeast Asia are demonstrating a high level of confidence as they look to expand their footprint in a market of some 640 million people, says HSBC.
According to the bank’s latest survey “HSBC Navigator: SEA in Focus”, nine in 10 (89%) foreign companies with a foothold in Southeast Asia plan to grow their presence in the region over the next two years. Three in five (61%) expect organic growth of 20% or more over the next 12 months.
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