Thailand is a beautiful Southeast Asian country where exquisite beaches, magnificent palaces and ancient Buddhist temples co-exist with each other. It shares its maritime boundaries with Indonesia and India in the southwest and with Vietnam in the southeast. Traditionally, Thailand is a constitutional monarchy but has witnessed parliamentary democracy and military rule alternatively for the past many years. Its capital city is Bangkok which is also its most populous city. The city is spectacular in its architecture and is a convergence point for historic temples like Wat Arun, Wat Pho and the Buddha temples. With a population of approximately 66 Million, Thailand is the 20th most populous country in the world.
Thailand is a thriving emerging economy. Its GDP is in excess of US$ 700 Million and it is the 2nd largest economy in South-East Asia. Thailand’s economy is extremely exports-dependent and exports constitute two-thirds of its GDP. Major exports include rice, textiles, footwear, fishery products, computers, etc.The Thai automotive industry is the largest in Southeast Asia producing 2 million vehicles annually. Tourism is another booming sector and comprises 6% of the GDP. Thailand is also the home for impeccable IT outsourcing services and outsiders have started to take a note of it in the recent years. Companies are setting up shop to reap the benefits of the seasoned IT workforce and robust IT infrastructure that Thailand offers. IT Outsourcing is the flag bearer of Thailand’s growth story and has played a significant role in the growth and development of its economy.
Thailand is a thriving emerging economy. Its GDP is in excess of US$ 700 Million and it is the 2nd largest economy in South-East Asia. Thailand’s economy is extremely exports-dependent and exports constitute two-thirds of its GDP. Major exports include rice, textiles, footwear, fishery products, computers, etc.The Thai automotive industry is the largest in Southeast Asia producing 2 million vehicles annually. Tourism is another booming sector and comprises 6% of the GDP. Thailand is also the home for impeccable IT outsourcing services and outsiders have started to take a note of it in the recent years. Companies are setting up shop to reap the benefits of the seasoned IT workforce and robust IT infrastructure that Thailand offers. IT Outsourcing is the flag bearer of Thailand’s growth story and has played a significant role in the growth and development of its economy.
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