Insights

Grant Thornton China's Asia Private Equity review looks specifically into the private equity activities across the region to see how private equity funds perform in Asia as compared to the global environment. It also aims to identify the key challenges facing the private equity funds across the region, and provides an outlook for future private equity activities in Asia and globally.

The growth of the digital economy has broken down traditional commercial and geographical boundaries. Goods and services are being delivered and consumed across borders in ways that were unforeseen and at a pace that was unprecedented just decades ago.

The vision for Thailand 4.0 is certainly ambitious, and is extremely well adapted to the digital economic stage that the world is now entering. But is that vision also well adapted to Thailand itself? Can this moderately advanced Southeast Asian nation handle the weight of its own development plan?

Much has been made of the Thai government’s commitment to developing a modern industrial base. In large part, the praise from the business community has been deserved. Concerted efforts include a range of initiatives, from a detailed program of BOI incentives, to the fast-tracking of business permits across industries, to the ambitious upgrades in infrastructure and government support that are making the Eastern Economic Corridor a highly promising region for manufacturing.

China’s One Belt, One Road outbound investment strategy presents a wealth of opportunity along major global land and maritime trade routes. But how can business owners outside China take advantage?

The latest global survey findings from our International Business Report (IBR) shows that despite the rise of automation and record global business optimism (net 58%) businesses will turn to people in 2018 to meet swelling order books.

Asia Pacific is a vast and diverse region, and one of the strongest performing parts of the global economy. GDP growth across Asia Pacific is forecast to hit 5.6% in 2017, well above the 3.6% projected worldwide, and 5.5% in 2018.

Union Budget 2017-18 presented today reinforces government’s intent to bring about key reforms and focus on rural development.

This guide has been prepared for the assistance of those interested in doing business in Thailand. It does not cover the subject exhaustively but is intended to answer some of the important, broad questions that may arise.