Strong Business Climate: Thailand’s economy is one of the fastest growing in Asia, with 2012 GDP projected to grow by around 6.5 percent, and the World Bank Doing Business 2012 report indicated that Thailand was ranked 17th in the world and 2nd in Southeast Asia in terms of ease of doing business.
Hub of Asia: Thailand stands out amongst neighboring countries because of its bilateral and multilateral collaboration, excellent infrastructure, abundant raw materials, skilled labor, government support, and the central location among ASEAN countrieswith close proximity to India and China.
Opportunities:Demand of sweet and savory snacks in Thailand has continued to increase, driven by aggressive advertising and marketing activities among leading players in the industry. In 2011, sweet and savory snacks grew by 7% year-on-year in current retail value terms to reached US$840 million. Thailand’s market for sweet and savory snacks is expected to reach US$1 billion by 2016.