Thai government says Thailand recognised as leading business destination
Thai government reported yesterday, June 29, that Thailand has been ranked 27th globally and seventh in Asia in the Best Countries for Starting a Business released by the U.S. News & World Report Best Countries 2026.
The announcement was made by Deputy Spokesperson of the Prime Minister’s Office Lalida Persvivatana. The spokesperson said the ranking reflects the country’s openness to business operations and investment. She stated that Thailand has long been recognised for its business-friendly environment and ability to attract investors.
The ranking, she said, is based on factors including economic performance, governance, infrastructure, business opportunities, and the overall investment environment.
Thailand’s strengths were identified as its manufacturing base, integration within regional supply chains, infrastructure capacity, and readiness for future industries. Lalida added that these factors have helped sustain investor confidence.
She said the results align with the government’s economic direction under Prime Minister Anutin Charnvirakul, which focuses on structural reforms to improve competitiveness and raise public sector standards to international levels.
The government is targeting membership of the Organisation for Economic Co-operation and Development by 2028. Lalida said this would support reforms in governance, transparency, rule of law, fair competition, and regulatory standards.
She added that such measures are expected to strengthen the business environment, increase investor confidence, and improve long-term competitiveness.
Lalida also described the ranking as a positive signal from the international community regarding Thailand’s potential as a business destination.
She said the government would continue improving regulations to attract investment, support emerging industries, create jobs, and promote sustainable economic growth.
However, the official government release did not include a direct link to the original ranking or its methodology. Information published on the U.S. News & World Report Best Countries 2026 website presents different figures. The site lists Thailand at 39th for starting a business and 46th overall in the global rankings.
The government’s claim could be based on any internal data provided by the media company.
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