This latest Political Risk Advisory Briefing from KCS Group Europe focuses on Thailand.
Thailand is certainly going through a rough patch economically, socially and politically. With the Covid-19 amputating Thailand’s key economic sectors and the tough political restrictions, Thailand will continue to go through this volatile stage. The mass social unrest and increased military presence in the places like Bangkok has sparked fears of yet another coup, which will cause some disturbance in the country that may put foreign businesses off from entering the market.
However, a low-cost workforce coupled with a low invest threshold (~$25,000 USD) that allows a firm to penetrate the market without a Thai partner, has made doing business in Thailand a lot easier.
Based on selected Grey Area Dynamics Thailand has a risk rating of 4 (Very Possible).