At the recent ASEAN meet, the leaders of the member states of Southeast Asia as well their partner countries, including China, have signed into existence the ASEAN Economic Community. From here on, it’s an exciting time for Southeast Asia, including its most prominent contributor and member-state, Thailand.
What does the new Community mean for Thailand? more
The Asia-Pacific region is becoming a pivotal area in world affairs, particularly in economics. In previous decades, European nations and the United States dominated the world stage when it came to economic growth immediately after the conclusion of the Second World War. Now, 70 years later, it’s Asia’s turn to shine.
In Bloomberg’s recently published list of 20 thriving economies around the world, a large number in the list are countries in the Asia-Pacific region. Let us look at some of what we’ll call the “rising economies” of Asia. more
Thailand is one of the fastest developing countries in Southeast Asia. It is preferred by businessman and retirees from Europe, particularly the UK, as an investment hub. Despite drastic changes in political leadership in the past decade, Thailand’s economy remains stable and is, in fact, still growing.