Definition: "Thailand" refers to a country in Southeast Asia, located on the Malay Peninsula, which comprises four main islands: Phuket, Samui, Koh Tao, and Koh Phi Phi. The capital city is Bangkok. The name "Thailand" comes from the Thai language and means "land of the elephants." The landmass of Thailand covers about 65% of the country's territory. Thailand has a diverse culture with many influences from various parts of Asia and the Americas, such as Buddhism, Hinduism, Christianity, and Islam. The traditional festivals include the New Year's Day (Thai New Year), Christmas Day (Lunar New Year) and other regional celebrations. The Thai currency is the Philippine peso (PHP). It is a highly stable currency with very low interest rates compared to other currencies. Thailand has a strong economy, but it faces challenges such as inflation and high unemployment due to the COVID-19 pandemic.
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