Bangkok is the capital of Thailand. It is the 22nd most populous city in the world . Bangkok province or the areas bounded by the Bangkok Metropolitan Administration (BMA), has a registered population nearing 6 million people, and the Bangkok Metropolitan Area , which covers five provinces surrounding the capital province in the central region of Thailand registers a little over 10 million.

Throughout the years, Bangkok has grown from a city scattered along the river to a metro area that spans as many as six provinces. The city's main business districts and residential areas are continuously expanding. The influx of foreigners from Western countries as well as immigrants from neighboring Laos, Myanmar, Cambodia and many other Asian countries along with the growth of the Thai population has stemmed hundreds of housing projects around the metro area, developing communities along the outskirts. Within years, these communities are engulfed by the greater Bangkok and become another part of this urban jungle.

The most important business districts of Bangkok include Silom, Bangrak, Pinklao, Sathon, Phra Ram 2, Petchaburi, Phra Nakhon, Pathumwan, Chatuchak (New CBD), and Phra Ram 3 (New Financial Centre).

As the city expanded on the outskirts, the inner city has nowhere to grow but up. The city has a registered 1,000 skyscrapers and ranks 17th as the world's tallest city. This does not include hundreds of new buildings predicted as part of the construction boom in 2007 and the coming years. Areas such as Silom- Sathon and Asok have for decades been Thailand's business center. From 1985 to 1996, Thailand experienced very high growth rates and underwent an economic transformation. The Ratchadaphisek area was turned into a business district which continued through the Asok area up north for five kilometers (3 mi). The Sukhumvit area, stretching 15-20 km (9–12 mi), gradually turned into a mixed commercial and residential area. Wireless Road and Chitlom are where some of Bangkok's most expensive land plots exist.

Bangkok's Phra Nakhon district alongside Dusit is where most governmental agencies and ministries have their offices. Most of the well-known tourist attractions are also in this particular area due its cultural & historical heritage. This part of Bangkok is perhaps the most popular for tourists as most notable attractions such as the Grand Palace, Democracy Monument, Giant Swing, Sanam Luang and other venues are located here.

Bangkok is the economic center of Thailand, dominating the country's economy and dwarfing other urban centers. Development continues to pour in to Bangkok mostly neglecting the rest of the nation. In 2005, it produced a GDP (PPP) of about USD 220 billion, which accounts for 44 percent of the country's GDP. Its GDP (PPP) per capita is well over USD 20,000, one of the highest in Southeast Asia, although statistics do not reveal the extent of the vast differences in wealth between haves and have nots. The Stock Exchange of Thailand is located in Bangkok with over 400 listed companies and combined market capitalization of about THB 5 trillion (USD 120 billion) as of January 5, 2006.

Bangkok is home to the headquarters of all Thailand's large commercial banks and financial institutions; 18 financial institutions hold at least USD 1 billion in total assets. Their bank deposits totaled approximately THB 7 trillion (USD 177 billion) at the end of the third quarter in 2005. Many transnational companies operate regional headquarters in Bangkok because the cost of operation in the city is less than in most cities in Asia. Thirteen Bangkok-based companies are on the Forbes 2000 list, including the largest Thai bank, Bangkok Bank, and the country's largest energy company PTT.

Tourism is a significant contributor to Thailand's economy, providing about 5 percent of GDP. Bangkok is Thailand's principal international gateway and a destination in its own right.

Source: Wikipedia. All text is available under the terms of the GNU Free Documentation License



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