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Wednesday, May 15, 2024

Thailand Looks to Post-COVID Future With Ambitious Budget Bill

In early 2020, Thailand was in a strong position. The world was on the cusp of a global pandemic that would extend for over a year, but that was still some way off. In the APAC regions, there are several nations that are developing rapidly and attracting significant external investment interest.

Thailand laid its claim as one of the emerging forex markets in Asia on the back of a robust Telecommunications and trade-in service industry, that lies at the core of their economic expansion and blossoming industry. 

The country was showing promise to investors as far back as July 2018. Three years ago, Thailand possessed $237.5 billion in international reserves alone – second only to Singapore, amongst the Southeast Asian nations. It ranked as the second-largest economy after Indonesia, too.

It was for that reason that Bloomberg business news’ investment strategists have adopted a…

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