Businesses are no longer bounded by the limits of their geographical locations and expanding outside of one's home territory may be a daunting task but it is filled with potential rewards for growth. At Inter Group, we aim to enable our clients with the global reach through local expertise. In this International Business Services blog series, we will share brief information of countries that you may be interested in, its economic and foreign investment outlook, incentives for foreign investors, things to consider when establishing your business presence and market opportunities.
Photo by Ash. Lumphini Park, Bangkok, Thailand.
| Key Figures (2020) POPULATION (in millions) GDP (in current US$) (in billions) EXPORTS OF GOODS & SERVICES (% of GDP) IMPORTS OF GOODS & SERVICES (% of GDP) TIME REQUIRED TO START A COMPANY (in days) | 69.8 501.64 51 47 6 |
Country Brief
Thailand is a country centrally located in Southeast Asia (SEA). It is the second largest economy in SEA after Indonesia, with approximately the same land area as Spain or France. The country’s national capital is Bangkok, or as it is officially known in Thai as Krung Thep Maha Nakhon. It is the only cosmopolitan city in a country of small towns and villages and is the country’s chief port, cultural and commercial centre.
