Doing Business In Thailand | World Law Group

[authors: Jessada Sawatdipong, Chisako Takaya, Arkrapol Pichedvanichok]*

In this new series, “Doing Business In,” we asked our members about the current business climate in their countries, investment opportunities, and what others should know about doing business there.

1. What is the current business climate in your jurisdiction, including major political, economic, and/or legal activities on the horizon in your country that could significantly impact businesses?

The global pandemic has impacted some sectors of the Thai economy, including those related to tourism and real estate. The consequence of this has been an increase in debt rehabilitation work (particularly concerning airlines). Investment in manufacturing and e-commerce remains strong. We see renewed interest in investing in real estate again, including in the hotel sector. The Thai government is keen to move towards becoming a high technology country and is encouraging investment…

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