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Thailand: World Bank rings alarm on GDP view

The World Bank has warned that Thailand’s average annual economic growth will be stuck below 3% if there is no significant increase in investment and productivity growth. The recent growth slowdown suggests long-run structural constraints, with slowing investment and low productivity growth, according to the World Bank’s Thailand Economic Monitor report. Productivity growth fell to […]

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Thailand: Looming giant catches a cold

From selfie-obsessed tourists to massive bilateral trade and property investment, China’s presence in Thailand cannot be overlooked. The interconnectedness between the economies of Thailand and China rose more than 10 times between 1985 and 2013, with bilateral trade, investment and tourism identified as the main beneficiaries from higher interconnectedness, according to the Thailand Development Research […]

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Thailand: New transit lines ready for condo hype

Locations near three new mass transit lines — Orange, Pink and Yellow — are the top five hotspots for new condo supply being launched in 2020, with large developers dominating the market. Phattarachai Taweewong, associate director of property consultant Colliers International Thailand’s research department, said these locations have attracted condo developers because land prices are […]

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Thailand: Big C confirms Tesco interest

The top boss of Big C Supercenter has acknowledged that the company is keen to acquire Tesco’s Asia business and has submitted its intent to bid. Aswin Techajareonvikul, the company’s chief executive, said the business model of Big C and Tesco are different in terms of products and locations. “We operate stores in about 60 […]

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