Despite political upheavals, Thailand's economy is large, relatively diversified and resilient. Thailand continues to offer an attractive business environment among the high-growth Southeast Asian countries and is rated third in the region for ease of doing business in the World Bank's Ease of Doing Business index in 2016.
Thailand is the Association of Southeast Asian Nations (ASEAN) second-biggest economy. It is a leading exporter of agricultural commodities (particularly rice, palm oil, rubber, sugar and seafood) and a regional and global manufacturing hub for vehicles, automotive components, consumer electronics, and processed food and beverages.
The government's aim to boost financial efficiency, reduce costs, enhance transparency and improve regulatory environment will support Australian business interests. Further enhancements to the country’s transportation network is a factor that will help investors to expand their business in Thailand and through the region.
More information on doing business in Thailand
Why ASEAN and why now?
Why ASEAN and why now? Insights for Australian Business. A joint Austrade-DFAT publication examining Australia’s trade relationship with the Association of Southeast Asian Nations (ASEAN), the opportunities and challenges for Australian business engaging with the region and the future of the Australia-ASEAN trade relationship.
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