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Doing Business in Thailand

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Syllabus of the Subject: Foreign Trade and Business in Thailand. Bangkok.

  1. Introduction to the Kingdom of Thailand (South East Asia);
  2. Thai Economy
    1. Thai Advantages.
  3. International Relations of Thailand;
  4. International Trade of Thailand;
  5. Foreign Direct Investment in Thailand;
  6. Case Study:
    1. Thai automotive industry;
    2. Electronics Industry;
    3. Stars Microelectronics;
    4. Charoen Pokphand Group;
    5. Thaksin Shinawatra.
  7. Doing Business in Bangkok;
  8. Access to the Thai market;
  9. Business Plan for Thailand.

The objectives of the subject “International Trade and Business in the Kingdom of Thailand” are the following:

  1. To analyze the Thai Economy and Foreign Trade;
  2. To know the business opportunities in the Kingdom of Thailand;
  3. To explore the Thai trade relations with the country of the student;
  4. To know the Thai Trade Agreements;
  5. To examine the profile of Thai companies;
  6. To develop a business plan for the Thai market.

Thaksin Shinawatra
Thaksin Shinawatra (Course Master Doctorate)

Trade and Business in Southeast Asia (ASEAN) Online Education (Courses, Masters, Doctorate)

Asia Online Masters, Doctorate (Global Business, Foreign Trade)

The Subject “Foreign Trade and Business in Thailand” belongs to the following Online Programs taught by EENI Global Business School:

Doctorate: Asian Business, World Trade.

Professional Doctorate in International Business (DIB). Online Education

Masters: International Business, Foreign Trade.

Masters in International Business and Foreign Trade (MIB) - Online Education

Languages: Courses, Masters, Doctorate in International Business and Foreign Trade in English or Study Master Doctorate in International Business in Spanish Tailandia Study, Course Master Doctorate in International Business in French Thailande.

  1. Credits of the subject “Foreign Trade and Business in Thailand”: 2 ECTS Credits;
  2. Duration: two weeks.

Doctorate and Masters in Global Business adapted to the Thailand, Masters, Doctorate, Courses, International Business, Foreign Trade Thai Students.

International Trade and Business in Thailand

Global Transport and Logistics. Online Education (Course, Doctorate, Master)

East-West Economic Corridor (Myanmar-Thailand-Laos-Vietnam)

Market Access - Free Trade Agreements. Online Education (Courses, Masters, Doctorate)

Thai Market Access and Free Trade Agreements.

  1. Thailand and the Buddhist Economic Area;
  2. ASEAN (Association of Southeast Asian Nations)
    1. ASEAN Free-Trade Area;
    2. ASEAN Economic Community;
    3. Mekong Economic Cooperation Strategy (ACMECS);
    4. Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT);
    5. Thailand has Free Trade Agreements (as a member of the ASEAN) with China, India, EU, Japan, Korea, Russia, and the U.S.;
    6. ASEAN-Australia-New Zealand (Free-Trade Area);
    7. Mekong River Commission (MRC).
  3. Asia-Pacific Economic Cooperation (APEC);
  4. Indian-Ocean Rim Association (IORA);
  5. Bay of Bengal Initiative (BIMSTEC);
  6. Greater Mekong Subregion (GMS);
  7. Regional Comprehensive Economic Association (RCEP);
  8. Global System of Trade Preferences (GSTP);
  9. Thailand has Free Trade Agreements (FTA) in force with the Gulf Cooperation Council (GCC) and China;
  10. India-Thailand Free Trade Agreement;
  11. EU-Thailand Partnership and Cooperation Agreement (not ratified);
  12. Japan-Thailand Free Trade Agreement;
  13. Chile-Thailand Free Trade Agreement;
  14. Thailand-New Zealand Free Trade Agreement;
  15. Thailand-Australia Free Trade Agreement;
  16. Laos-Thailand Preferential Trading Arrangement;
  17. Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) - Candidate Country.

Association of Southeast Asian Nations (ASEAN): Brunei Darussalam, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam

Trade Facilitation Programs. TFA Agreement. Online Education (Courses, Masters, Doctorate)

  1. WTO
    1. Agreement on Sanitary and Phytosanitary Measures (SPS);
    2. Agreement on Trade in Services (GATS);
    3. Agreement on Technical Barriers to Trade;
    4. Agreement on Preshipment Inspection;
    5. Agreement on Safeguards;
    6. Trade Facilitation Agreement.
  2. WCO
    1. Revised Kyoto Convention.
  3. International Bureau of Containers and Intermodal Transport (BIC);
  4. Chicago Convention (ICAO);
  5. International Maritime Organization (IMO)
    1. Convention for Safe Containers;
    2. Istanbul Convention.
  6. Customs Convention on Containers - not a member.

Foreign Trade Facilitation. TFA Agreement. Customs. Payments. Global Supply Chain

Online Education (Courses, Masters, Doctorate): Asian Economic Institutions

Asian Trade and Economic Organizations:

  1. Asian Development Bank;
  2. Colombo Plan;
  3. Africa-Asia Strategic Partnership;
  4. Boao Forum for Asia;
  5. Asia Cooperation Dialogue;
  6. ESCAP;
  7. Asia-Middle East Dialogue;
  8. Forum for East Asia-Latin America Cooperation;
  9. Asia-Europe Meeting;
  10. Organization of Islamic Cooperation (OIC) - Observer State
    1. Standing Committee for Economic and Commercial Cooperation (COMCEC) - observer country

Online Education (Courses, Masters, Doctorate): Globalization and International Organizations

Global Organizations:

  1. WTO;
  2. IMF;
  3. UN
    1. UNCTAD;
    2. ITC;
    3. UNCITRAL;
    4. WIPO.
  4. WB;
  5. Pacific Economic Cooperation Council (PEEC).

Mekong Economic Cooperation Strategy (ACMECS): Cambodia, Laos, Myanmar, Thailand, and Vietnam

The Kingdom of Thailand.

  1. Thailand enjoys a strategic location in the centre of the ASEAN region, in the Greater Mekong sub-region (Asia);
  2. Population of Thailand: 67.2 million people;
  3. Thai Capital: Bangkok;
  4. Official language of Thailand: Thai;
  5. 75% of the population are Thai;
  6. Type of Government: Constitutional monarchy (military junta);
  7. Thai Area: 513,120 km²;
  8. Borders of Thailand: Cambodia, Laos, Malaysia, and Myanmar
    1. Maritime boundaries: Vietnam, Indonesia, and India.

The main religion of Thailand: Theravada Buddhism (95% of the population, 64 million).

  1. Islam (4%).

Thailand belongs to the Buddhist Civilization

Buddhism and Global Business. Online Education (Courses, Masters, Doctorate)

Nanning (China)-Singapore Economic Corridor, Road Transportation Course

Thai Economy

  1. Thailand is one of the founding members of the APEC;
  2. Thailand is located in one of the largest growing economic regions in the World;
  3. Thailand is a newly industrialized country;
  4. Thailand is a gateway to the ASEAN Continental Markets (Laos, Myanmar, and Cambodia);
  5. All the global car makers, assemblers, and components producers are established in Thailand: Ford, General Motors, BMW, Daimler Chrysler, Mitsubishi, Mazda, Toyota, Isuzu, Honda, and Nissan (1.4 million vehicles produced);
  6. The Kingdom of Thailand is the largest one-ton pickup lorries manufacturer in the World and the seventh largest automotive exporter;
  7. Thai electronics industry is another pillar of the Thai economy (30 billion dollars, 30% of export revenues of Thailand);
  8. Thailand is the largest production base for electrical appliance industry in the ASEAN (Association of Southeast Asian Nations) region;
  9. Thai Currency: Baht (THB).

The Economic activities in Bangkok (20% of the population of the Kingdom of Thailand) represents 60% of the gross domestic product of Thailand.

  1. Bangkok is competing with Singapore to become a regional hub for Air transport within the Southeast Asia region;
  2. Bangkok is a first-class health care centre in the ASEAN Region.

Thailand Automotive Sector

Foreign Trade (Importing, Exporting) Online Education (Courses, Masters, Doctorate)

International Trade of Thailand.

  1. Top export products of Thailand: processed and frozen food, agricultural export products, electronics, electrical appliances, furniture, fashion garments and textiles, and auto parts and accessories;
  2. Top Thai electronics exports are hard-disk and integrated circuits (54% and 29% of total electronic exports);
  3. Thailand is the second largest hard-disk drive exporter in the World;
  4. The main export markets of the Kingdom of Thailand are the U.S., Japan, European Union, Association of Southeast Asian Nations ASEAN (Indonesia, Malaysia, the Philippines, Singapore, Brunei, Vietnam, Laos, Myanmar, and Cambodia), India, and the People's Republic of China.

Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT) ASEAN. Sumatra Investment and Trade Survey

Association of Southeast Asian Nations (ASEAN)-Australia-New Zealand Free Trade Agreement (FTA)

Greater Mekong Subregion (Cambodia, China, Laos, Myanmar...)

Asia-Pacific Economic Cooperation APEC. Trade and Investment liberalization. Bogor Goals

Association of Southeast Asian Nations (ASEAN)-Canada Free Trade Agreement (FTA)

Indian-Ocean Rim Association IORA, Comoros, Kenya, Madagascar, Mauritius, Mozambique, the Seychelles, South Africa, Tanzania...

Mekong River Commission: Cambodia, Laos, Thailand, and Vietnam

(c) EENI Global Business School (1995-2023)
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