TEFLON THAILAND TO RIDE OUT HEADWINDS

Eternal optimists, Thais are able to weather whatever challenges that come their way.

2016 was without a doubt a year of surprises, shock and sadness. During this whirlwind year, we experienced nationalism and “Brexit”, we discovered the divided politics of the United States and we saw the emergence of Trump as victor. On a local level, Thailand is still grieving from the loss of its dear King Bhumibol Adulyadej; and uncertainty about Thailand’s economic outlook is looming.

Thailand’s economy is heavily dependent on exports and with the unpredictability of global politics and the global economy flatlining, it would seem the country should gear up for a rough ride ahead.

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