The Report: Thailand 2009 was launched on 29 June 2009 at Royal Thai Government House Santi Maitri Building in the presence of the Prime Minister of Thailand Abhisit Vejjajiva, the Minister of Industry, Chanchai Chairungruang, and other key representatives from the world of politics and business.

Marking OBG’s first report on Thailand’s economy, The Report: Thailand 2009 includes a detailed, sector-by-sector guide for foreign investors, together with a wide range of interviews with the most prominent political, economic and business figures, including the Prime Minister.

Other key personalities contributing interviews include Taro Aso, the Prime Minister of Japan, Korn Chatikavanij, Thailand’s Minister of Finance, and Supachai Panitchpakdi, Secretary-General UN Conference on Trade and Development and former Director-General WTO.

High profile international figures, such as former US President George W Bush also gives their views on Thailand’s economic development. The Report: Thailand 2009 has been produced in partnership with the Board of Investment (BOI), which provides investment information, services and incentives for investors. Contributions have also been made by Thanachart Securities as OBG’s capital markets research partner, Tilleke & Gibbins as its legal partner and BDO Richfield Advisory Limited as its accountancy partner.

Thailand’s Minister of Industry, Chanchai Chairungruang, welcomed OBG’s decision to publish its first report on the country. “OBG has provided ground-breaking analysis and data in The Report: Thailand 2009 at a time when key players in the international business community are making important investment decisions,” he said. ” Dr. Atchaka Brimble, BOI Secretary General, said that the Board had relished the opportunity to contribute its knowledge and experience of Thailand’s investment potential to The Report: Thailand 2009.

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The Kingdom of Thailand is spread across 513,115 square kilometers. It is equal to the size of France and a little smaller than Texas. The capital of Thailand is Bangkok. Other cities of Thailand are Nakhon Ratchasima, Chiang Mai and Muang.

The capital of Thailand is Bangkok, which is the largest city in Thailand and also owns one of the world’s biggest international airports. Thailand has 75 provinces and two special governed districts: one is Bangkok and the other is Pattaya. Thai population is virtually made up by ethnic Thai and Lao and more than 94% of them are Buddhists. Thai people worship Buddha and ancestors and that’s what makes the Thai culture. Thai people respect their religion and ancestors so much that it comes into their way of greeting each other: they greet other people with a prayer-like gesture. Thais are very friendly and smiling, that’s why this country is also called “the land of smiles”. Thai people like talking openly to everyone, including foreigners. Tourists coming to Thailand are always warmly greeted by all Thais, from kids to old people. Even if you don’t know much about the Thai language, you can still have a good time interacting with the local residents.

Thailand is a typical tropical country with a hot and humid climate. There are two seasons in a year: the dry and the rainy season. The rainy season is from July to November. It is very inconvenient and uncomfortable to travel in the rainy season. The best time to come to Thailand is from February to March when the weather is the finest and the beaches are the most beautiful.

Thailand has never been colonized. Since its foundation date in 1238, Thailand has been growing and has become one of the most prosperous countries in Asia. The official currency in Thailand is the Baht, which exchanges at about 34 to the US dollar. Nowadays Thailand has a fast growing and open economy which benefits a great deal from the tourism industry. More than 10 million tourists go to Thailand every year, but this number fell sharply after its tsunami disaster at the end of 2004. The most badly affected area is Phuket – one of the most beautiful destinations for tourists, with its glorious beaches. Much advertising effort has been made since, to recover the tourism industry.

Besides tourism, agriculture is also the strength of this country. Thailand has been the leading country in exporting rice for more than a decade. However, the Thai economy and food chain has been stricken once more by the recent avian flu epidemic which has adversely affected poultry farming in the entire area.

In contrast to the beautiful city sights, grand hotels and luxury resorts, a large proportion of the Thai population still live in poverty in suburban areas and ragged villages, although the government is always trying to develop the Thai economy as well as improving the living standard for the poor across the country.