Once referred to as the Asian Tiger, the Kingdom of Thailand's reputation plummeted after the Asian Financial Crisis of 1997.  For ten years, Thailand averaged a GDP growth of 9 percent¹,  and this country, along with several of its Southeast Asian neighbors, was considered to be an unbelievable opportunity for international entrepreneurs. But almost overnight, this Asian Miracle came to an end when the Thai government was forced to float the baht because of weaknesses within the domestic financial sector. This was the catalyst which sparked the crisis that eventually spread throughout the world. 

Since the crisis, the Southeast Asian countries, have been making substantial efforts to reclaim their position within the global economy. But their battle is an uphill one and the recovery has proven to be slow and often laborious. However, as the country begins to rebuild its economy from the grassroots, one of its priorities has been in the area of telecommunications and information technology.