Thailand Defence and Security Report 2016 - Business Monitor International - Industry Reports

Thailand Defence and Security Report 2016

Thailand Defence and Security Report 2016 - Business Monitor International - Industry Reports
Thailand Defence and Security Report 2016
Published Jul 09, 2016
49 pages — Published Jul 09, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

Thailand s defence expenditure over the years largely reflects the volatile political environment that has characterised Thailand s domestic environment over the past few decades. Owing to the significant role the Thai military has, and continues to play in the country s political landscape, a policy of increasing defence spending has largely been upheld over the years. ...Although risks remain, the return to strong positive territory, as seen pre----- coup, in ---- is a reflection of the relative success the ruling military junta has had in securing the country s political and economic landscape. Thai junta chief Prayuth Chan-ocha has been able to foster broad social stability over recent years, with violence largely contained to the country s restive south, and Thailand s economy has performed well over the past few years, in spite of the political instability. Our Country Risk team envisage Thailand s economy to record -.- full-year growth and, although below potential, this marks the fastest annual expansion since ----. ...Thai junta chief Prayuth Chan-ocha has been able to foster broad social stability over recent years, with violence largely contained to the country s restive south, and Thailand s economy has performed well over the past few years, in spite of the political instability. Our Country Risk team envisage Thailand s economy to record -.- full-year growth and, although below potential, this marks the fastest annual expansion since ----.

...During February -----, Prawit Wongsuwon, Thailand s defence minister and deputy prime minister, visited Moscow and Minsk to hold talks with senior defence officials from the two countries regarding an expansion of defence industry cooperation and trade. In November ----, governments of the UK and Thailand opened dialogue with regard to deepening defence industrial engagement in a bid to accelerate defence trade and technology transfer. ...In October ----, the Royal Thai Armed Forces announced its intentions to establish a cyber warfare unit in the near future. In August ----, -- people were killed and approximately --- were reportedly injured when a bomb was detonated near the Hindu Phra Prom shrine at the Ratchaprasong intersection in the Erawan area of Chidlom district of Bangkok. No group claimed responsibility for the attack, though Thailand s national police chief linked the attack to Uighur militants. In July ----, Thai Defence Minister Prawit Wongsuwan announced that the government was postponing its plan to purchase three S--T submarines from China. The procurement plan has since been dropped and new contenders for the requirement are being drafted.

...BMI View: Although Thailand s domestic landscape remains wrought by fragility, owing primarily to the political weight that the military holds and domestic security concerns, the defence market will continue to be one of the fastest growing in the world. The local defence industry will remain underdeveloped and, as such, the country will rely on international exporters to satisfy the majority of its defence requirements. ...

  
Source:
Document ID
1749-1703
Country
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Thailand Defence and Security Report 2016" Jul 09, 2016. Alacra Store. Dec 05, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Thailand-Defence-and-Security-Report-2016-2026-34>
  
APA:
Business Monitor International - Industry Reports. (2016). Thailand Defence and Security Report 2016 Jul 09, 2016. New York, NY: Alacra Store. Retrieved Dec 05, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Thailand-Defence-and-Security-Report-2016-2026-34>
  
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