- Press releases
- New Grant Thornton International Business Report Reveals a Modest Rise in Business Optimism within Thailand, Though Questions Remain
- 'Grant Thornton Bike Zone' Cycling Team Readies for L'Étape du Tour 2019 in France
- Grant Thornton’s Women in Business 2019 Report: Encouraging Signs in Thailand, Though Equal Representation Remains Elusive
- Economic fundamentals strong as widespread uncertainty fuels global optimism drop
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- Thailand hotel industry survey 2016
- A seller’s market is set to continue after a big year for M&A
- A dynamic partnership that shares both a growth mind-set and never-give-up attitude
- The power of personalisation: Hotels' roadmap to 2020
- Women in business 2016
- Grant Thornton and IOM signed MOU
- IBR Q4/2015
New Grant Thornton International Business Report Reveals a Modest Rise in Business Optimism within Thailand, Though Questions Remain
Bangkok, 20 November 2019 – A cooling global economic cycle, along with increased uncertainty among businesses, are among the major themes of Grant Thornton’s latest International Business Report (IBR). Notably, the level of optimism among global businesses in H1-2019 sits at net 32%, a decline of 7 pp from 39% in H2-2018. This figure represents a further decrease from the optimism score of 57.5% registered in H1-2018, and is the weakest score recorded since 2016.
Bangkok, July 9, 2019 - Following their remarkable victory on 21 October, 2018 at L’Étape Thailand held by Le Tour de France in Phang Nga, members of the Grant Thornton Bike Zone have been invited to compete in L’Étape du Tour in France, the world-renowned amateur cycling event. They are the only invited representatives from Thailand. The race will be held in Albertville in the Southeast of France on 21 July 2019, with 15,000 participants from around the world. Grant Thornton Bike Zone will depart from Suvarnabhumi International Airport, Thailand, on July 14, 2019 at 12:05 P.M.
Grant Thornton’s Women in Business 2019 Report: Encouraging Signs in Thailand, Though Equal Representation Remains Elusive
The latest research from Grant Thornton International reveals increasing numbers of women in senior management positions, both globally and across the region. ASEAN in particular has outperformed the global average in several indicators, with 94% of companies across the region now reporting at least one woman in a senior management role, compared to 87% worldwide.
Following a period of heightened optimism and strong economic growth, the outlook for businesses in 2019 is markedly more reserved as the global economic cycle cools and political uncertainty begins to bite.
Business leaders across ASEAN are showing historic levels of general optimism in Q2 2018 at net 64%, above the global average of 54%, according to a new Grant Thornton International Business Report (IBR) conducted in Q2 2018.
Grant Thornton, a leading audit, tax and business advisory firm, just announced the admission of Narin Churamongkol as a Partner of the Thailand firm effective from 1 July 2018.
Business optimism across Asia Pacific is down from its recent peak in the first part of 2018, according to global research from Grant Thornton’s International Business Report (IBR). However, the findings also reveal a split in outlook. Optimism is down in the established economies of China and Japan, while it is up in the emerging ASEAN region including Thailand. At a global level, business optimism stands at an all-time high during the first quarter of this year.
Grant Thornton reveals that the proportion of women in senior management positions in 2018 Thailand ranks third, highest after the Philippines and Indonesia, a result that appears to be continually improving.
IBR’s survey reveals that Thai business leaders’ confidence in Q4 of 2017 that the number has risen from 8% to 10%. In addition, 18% of business leaders are expecting that business will earn more profit and 36% believe that 2018 will see greater generation of revenue.
Peter Bodin named Global CEO-elect and will lead Grant Thornton International Ltd (GTIL), the global entity of one of the world’s leading professional services networks with 47,000 people at member firms in over 130 countries.