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Publication of the Thailand Board of Investment |
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| Thailand's Mid-year Investments and Economy Superlative Growth |
| The strength and resilience of Thailand’s economy continues to be refected in the data, beginning with its 12% growth in gross domestic product during the frst quarter of 2010. That was the best rate of growth in about 15 years, nearly three times better than Q1 2009, and about double the preceding quarter. |
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| Thriving Medical Devices Sector in Asia's Health Care Hub |
| Medical devices constitute a thriving industry in Thailand, with the country acclaimed as a major health care hub in Asia. Products are imported and exported in superabundance, and Thailand is fertile ground for investment in new projects to manufacture medical devices, equipment and disposables. As the Kingdom has nearly 1,400 public and private hospitals, is headed toward comprehensive health care for all citizens, and welcomes 2 million foreign patients visiting for a range of world-class services each year, clearly the Thai health care industry is on a growth track. |
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| ThaiMed president sees growth, warns of challenges in industry |
| As president of the Thai Medical Device Technology Industry As s o c i a t i o n ( THAIMED) , Preecha Bhandtivej is the voice of medical product businesses in the country. He is observing strong growth but also signifcant hurdles. Al though sales of medical devices in Thai land could reach US$1.23 bi l l ion by 2015, the local industry’s competitiveness might be dulled without measures to nurture a higher-skilled technical workforce and value-added production, he warns. In the following interview, Khun Preecha gives the Thailand Investment Review (TIR) a deep look inside this dynamic industry. |
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| World Bank: Thailand Economic Monitor |
| Dominance of external demand together with a favourable external environment “should lead to robust year-on-year GDP growth of 6.1 percent in 2010.” So says the World Bank in its recent biannual release of the Thailand Economic Monitor, which reviews the state of the nation’s economy for the second of 2010. The report is consistent with the range that has forecast by the Bank of Thailand and by the International Monetary Fund. |
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The BOI Investment Review is a monthly publication of the Thailand Board of Investment.
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