#Economiccompetitiveness

Thailand’s role as a regional economic hub is under pressure as the World Bank’s February 2025 Thailand Economic Monitor shows the country trails its ASEAN peers in business innovation. The report highlights an widening innovation gap that threatens jobs, investment, and incomes—especially for the 12.9 million Thais working in SMEs.

For Thai readers, innovation is more than a buzzword; it’s essential for future stability and wellbeing. A strong capacity to innovate can create jobs, attract investment, and raise living standards. Without swift action, communities across the country risk falling behind as global trade becomes more volatile.