Thailand Accelerates High-Tech Investments to Counter Slowing Growth Following S&P Rating Affirmation
Following a steady sovereign credit rating from S&P Global, the Thai government is accelerating investments in advanced manufacturing and public infrastructure to fight off persistent domestic stagnation. Policymakers are facing intense pressure to cut state support for failing businesses and instead attract foreign investment in high-tech industries to overcome the drag of an aging population and a reliance on low-margin sectors.