Bangkok: Thailand has been ranked 27th in the world and 7th in Asia as the best country for starting a business and investing. The government is accelerating structural reforms to boost investor confidence.
According to Thai News Agency, Ms. Lalida Periswiwatana, Deputy Spokesperson for the Prime Minister's Office, disclosed that Thailand's ranking by US News and World Report - Best Countries 2026 highlights the country's openness to business and investment. This acknowledgment underscores Thailand's potential as a key investment hub in the region.
Ms. Lalida emphasized that the ranking was determined by factors such as the economy, governance, infrastructure, business opportunities, and an investment-friendly environment. Thailand's manufacturing base, regional supply chain connectivity, and promising infrastructure are pivotal strengths that maintain investor trust globally.
She further stated that these results are in line with the national development strategy led by Prime Minister Anutin Charnvirakul, aimed at economic structural reform to enhance competitiveness and align public sector standards with international benchmarks. The government aims to achieve membership in the Organisation for Economic Co-operation and Development (OECD) by 2028, focusing on reforms in governance, transparency, and international-standard regulations to bolster the business environment.
"The recognition by US News and World Report is a positive indicator of Thailand's investment appeal. The government remains committed to regulatory reforms and elevating the country's standards to OECD levels to foster a conducive investment climate, attract future industries, generate quality employment, and enhance citizens' quality of life for sustainable economic growth," Ms. Lalida stated.