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.