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Friday, May 3, 2024

Thailand shows exceptional economic health moving forward

The biannual report compiles detailed surveys and interviews among mid-market businesses, providing analysis of expected trends and business conditions for the subsequent 12-month period.

The Grant Thornton International Business Report (IBR) for H1 2023 shows dramatic improvements in economic conditions and positive sentiment for the private sector, both globally and for Thailand in particular as inflation concerns recede. The biannual report compiles detailed surveys and interviews among mid-market businesses, providing analysis of expected trends and business conditions for the subsequent 12-month period.

The new H1 2023 IBR is especially significant, as it indicates a clear expectation among business leaders of full-throated, post-pandemic growth across industries — a long-awaited development that had been delayed repeatedly in recent years amid geopolitical issues such as…

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