Related Articles
Forward article link
Share PDF with colleagues

Reasons for Thailand to smile?

Thailand's energy sector is struggling to cope with rising demand and maturing fields. Investors are not flocking to help

A military coup in Thailand in May 2014 was hardly unusual for the country. It has been ruled by military governments 12 times since the end of absolute monarchy rule in 1932, but still managed growth at an average annual rate of 7.5% during the boom years of 1960 to 1996. Growth at that level has, however, yet to reappear under the latest military junta. Still, some are optimistic. The World Bank predicts that Thailand's GDP will grow 3.2% this year, up from 2.5% in 2016. The rulers have announced a raft of measures designed to stimulate growth, part of a 20-year strategic plan outlined in March this year. The plan also promised general elections in 2018, though a vote has been promised r

Also in this section
Short shrift for Gazprom’s portfolio investors
19 March 2018
The world’s largest gas producer is once more likely to ignore calls to increase dividends
Russian energy giants face contagion risk
19 March 2018
Constrained by sanctions, firms are tied to the fortunes of domestic banks
Sisi keeps a lid on
16 March 2018
Egyptians face another four years of authoritarian rule