EENI Global Business School

Business in Thailand. Thai Economy, Bangkok



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Thai International Trade, Logistics. Thailand, Bangkok, automotive, electronics

Foreign Trade and Business in Southeast Asia (ASEAN)

The Kingdom of Thailand. enjoys a strategic location in the centre of ASEAN region, in the Greater Mekong sub-region (Asia)

All 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)

The Kingdom of Thailand is the largest one-ton pickup lorries manufacturer in the World and the seventh largest automotive exporter

Thai electronics industry is another pillar of the Thai economy (30 billion dollars, 30% of export revenues of Thailand)

Thailand is the largest production base for electrical appliance industry in ASEAN (Association of Southeast Asian Nations) region

Buddhism and Global Business
Buddhism and Business

  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. Transport and Logistics
  6. Investment in Thailand
  7. Case Study:
    1. Thai automotive industry
    2. Electronics Industry
    3. Stars Microelectronics
    4. Charoen Pokphand Group
    5. Thaksin Shinawatra
  8. Doing Business in Bangkok
  9. Access to the Thai market
  10. Business Plan for Thailand

Sample - Thaksin Shinawatra
Thaksin Shinawatra

Artificial Intelligence (AI) for Global Business (Online Course


The educational aims of the Subject “Foreign Trade, Logistics and Business in the Kingdom of Thailand” are:

  1. To analyze the Thai Economy, Logistics and Foreign Trade
  2. To conduct research on business opportunities in the Kingdom of Thailand
  3. To explore the Thai trade relations with the student's country
  4. To learn about Thai Trade Agreements
  5. To examine the profile of Thai companies
  6. To develop a business plan for the Thai market

Asia Masters, Doctorate (Global Business, Foreign Trade)

The Subject “Foreign Trade, Logistics and Business in Thailand” is included within the curriculum of the following academic programs at EENI Global Business School:

Doctorate: World Trade.

Doctorate in International Business (DIB AI) Online

Masters: International Business, Foreign Trade.

Masters in International Business and Foreign Trade (MIB AI)

Masters adapted to Thailand, Masters, International Business Trade, AI Thai Students.

Languages: Masters, Doctorate, International Business, English or Study Master Doctorate in International Business in Spanish Tailandia Study Doctorate in International Business in French Thailande.

  1. Subject Credits “Doing Business in Thailand”: 2 ECTS Credits

International Trade, Logistics and Business in Thailand

Global Transport and Logistics

Market Access - Free Trade Agreements (AI)

Thai Market Access and 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
    4. Indonesia-Malaysia-Thailand Growth Triangle
    5. Thailand has trade agreements (as a member of ASEAN) with China, India, the EU, Japan, Korea, Russia, and the United States
    6. ASEAN-Australia-New Zealand (Free Trade Area)
    7. Mekong River Commission
  3. APEC
  4. Indian-Ocean Rim Association
  5. Bay of Bengal Initiative
  6. Greater Mekong Subregion
  7. Regional Comprehensive Economic Association
  8. Global System of Trade Preferences
  9. Thailand has Trade Agreements in force with GCC and China
  10. India-Thailand Agreement
  11. European Union-Thailand Partnership and Cooperation Agreement (not ratified)
  12. Japan-Thailand Agreement
  13. Chile-Thailand Agreement
  14. Thailand-New Zealand Agreement
  15. Thailand-Australia Agreement
  16. Laos-Thailand Preferential Trading Arrangement
  17. Trans-Pacific Partnership (CPTPP) - Candidate Country

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

Trade Facilitation Programs. TFA Agreement, AI

  1. World Trade Organization (WTO)
    1. Agreement on Sanitary and Phytosanitary Measures
    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. World Customs Organization (WCO)
    1. Kyoto Convention
  3. BIC (Containers)
  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

Asian Economic Institutions

  1. Asian Development Bank
  2. Colombo Plan
  3. Africa-Asia Partnership
  4. Boao Forum for Asia
  5. Asia Cooperation Dialogue
  6. Economic Commission for Asia (ESCAP)
  7. Asia-Middle East Dialogue
  8. Forum for East Asia-Latin America Cooperation
  9. Asia-Europe Meeting
  10. OIC - Observer State

Globalization and International Organizations

  1. World Trade Organization (WTO)
  2. International Monetary Fund
  3. United Nations
  4. World Bank
  5. Pacific Economic Cooperation Council

The Kingdom of Thailand.

  1. Population of Thailand: 67.2 million people
  2. Thai Capital: Bangkok
  3. Official language of Thailand: Thai
  4. 75% of the population are Thai
  5. Type of Government: Constitutional monarchy (military junta)
  6. Thai Area: 513,120 km²
  7. 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 Buddhist Civilization


Thai Economy

  1. Thailand is one of the founding members of 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 ASEAN Continental Markets (Laos, Myanmar, and Cambodia)
  5. Thai Currency: Baht (THB)

The Economic activities in Bangkok (20% of the population of the Kingdom of Thailand) represents 60% of GDP 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 ASEAN Region

Foreign Trade (Importing, Exporting)

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. Main export markets of the Kingdom of Thailand are the United States, Japan, the EU, ASEAN (Indonesia, Malaysia, the Philippines, Singapore, Brunei, Vietnam, Laos, Myanmar, and Cambodia), India, and China

Nanning (China)-Singapore Economic Logistics Corridor


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