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Home is not just A Place, it’s a Feeling

Public Land Company Limited

Home is not just A Place, it’s a Feeling

Public Land Company Limited

articleWorld Economic Forum's (WEF): Thailand Doing Good

World Economic Forum's (WEF): Thailand Doing Good

 

 

 

 

According to Andrew McBean, a partner and Asian Economic Community specialist at Grant Thornton (Thailand), Even though Thailand had faced with an uncertain economic situation last year, But country still able to perform relatively well, as did most countries in the AEC. Regardless of political issues, Thailand advanced six places to rank 31st overall of 144 countries in WEF's survey. Also rising were Malaysia, Indonesia, Vietnam, the Philippines and Myanmar. Only Laos and Cambodia showed some decline.



Mr. Andrew also added that although this data was collected prior to the May 2014 coup, Thailand maintains a comparatively good level on the financial development, market efficiency and macro-economic environment pillars, which is encouraging in today's global economic climate.



He reiterate that the next key focus for Thailand is to a move to the "transition phase", which would require attention being given to some much thornier long-term challenges related to education reform, promotion of innovation, respect and protection of intellectual property, and a significant increase of competitiveness in the services industry.






Source: The Nation &

           World Economic Forum

02 December 2016

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