Big gap: A woman prepares bags of chrysanthemums to sell at a flower market in Bangkok. The gap between the well-off and the rest in a population of 69 million is among the challenges for the economy, according to the Word Bank. — AFP
BANGKOK: About 36% of Thailand’s corporate equity is concentrated in the hands of just 500 people, highlighting wealth inequality in the country, a study released by the Bank of Thailand’s research institute shows.
Each of these 500 on average amasses 3.1 billion baht (US$102mil) in company profits annually, according to the report from the Puey Ungphakorn Institute for Economic Research.
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