In May, FinanceAsia named the winners of its annual Country Awards for Achievement. Last month, winners were given ther awards at our annual awards dinner in Hong Kong. Today, we continue presenting the rationale for our decisions with a look at Thailand.
Best Bank, Best Investment Bank Siam Commercial Bank
Thailand’s economy grew by 3.2% in 2016, up from 2.9% in 2015, according to the Asian Development Bank. But the economy is more fragile than a look at the numbers implies.
In 2015, Thailand experienced consumer price deflation, according to the World Bank. Last year, inflation was...