Grant Thornton recorded USD 8 billion in global revenues for the year ending 30 September 2024, marking an 8.8% growth in constant currency. This achievement reflects the network’s commitment to quality, innovation, and sustainability, even amid global economic volatility and geopolitical challenges.
Thailand stands at a crossroads. Once powered by a young and growing population, the country now faces fewer births, a rising elderly population, and a rapidly shrinking workforce. This is not a distant problem but one already reshaping the economy, society, and future of the nation. The question is not when the demographic crisis will occur, but whether Thailand can adapt quickly enough to survive.
Business leaders in Thailand are navigating a climate of uncertainty. Many trust the strength of their own companies, but confidence in the national economy has weakened. Political disruption, tariffs, and regional tensions have left the outlook fragile and the future unclear.
Thailand is facing a rising threat to its future workforce. Brain drain, the movement of skilled people abroad for better pay, opportunities and quality of life is easier than ever in a globalised world, and its effects on Thailand are already visible. As younger generations enter the job market, society and workplaces must recognise their changing needs and respond appropriately, as coupled with the country’s demographic pressures, the need to keep and grow a strong workforce has never been greater. The question is clear, will Thailand make the changes needed to reverse brain drain, or will it keep watching its skills slip away.
Thailand continues to be one of Southeast Asia’s most attractive destinations for investment and business expansion. With its strategic location, robust infrastructure, and supportive regulatory environment, the country offers significant opportunities for both local and international enterprises. However, navigating the complexities of a foreign market requires more than ambition—it demands insight and preparation. Our Doing Business in Thailand 2025–2026 guide provides a comprehensive overview of the Thai business landscape, covering everything you need to know to establish and grow your operations successfully
Building a Sustainable Business – 360 Degrees explores six key pillars for sustainable growth, combining strategic insights, best practices, and real-world examples to help businesses build resilience and thrive in an uncertain economy.
As a new and unpredictable decade dawns, the business world looks forward with its optimism largely intact, according to Grant Thornton’s latest International Business Report (IBR). Leaders in mid-market companies around the world delivered an average optimism score of 59% in H2 2019, a rise of 3% over the first half of the year. This modest improvement is an encouraging contrast to the two consecutive declines that preceded it, although there remains a long way to climb before reaching H1 2018’s high of 69% global optimism.
Indirect taxation is still evolving, and an arguable simple tax is growing in its complexity and application as a traditional goods and services model is replaced with digital content; virtual consumption and seamless international trade flows. But how can you stay ahead?
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.
Todays Boards are under increasing pressure from regulators and customers alike to engage more broadly with stakeholders and build their views and expectations into the strategy and management of the business.
The global charity sector is having to adapt in a fast-moving world. At the heart of this transformation is a strong collective ambition to drive positive change for beneficiaries and communities both locally and internationally. But what happens when charitable giving doesn’t reflect this?
The last year has seen global business take one step forward but one step back when it comes to gender diversity in leadership. The percentage of businesses around the world with at least one woman in senior management has increased significantly, rising from 66% in 2017 to 75% in 2018. However, at the same time the proportion of senior roles held by women has marginally declined.
Many businesses globally are missing out on opportunities because of a lack of diversity in senior leadership teams. This means that a business does not necessarily reflect the markets or communities in which they operate, and it could be holding them back.
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.
Around the world, organisations are discovering the benefits of putting people at the centre of their plans and processes. There can hardly be an industry where people matter more than government.