DOCSLIB.ORG

"Thailand's Competitiveness: Meeting the Challenges of Globalization and Environmental Sustainability." (Pdf)

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Thailand’s competitiveness: Meeting the challenges of globalization and environmental sustainability Dr. Christian H. M. Ketels Institute for Strategy and Competitiveness Harvard Business School Asia Competitiveness Institute Lee Kuan Yew School of Public Policy The Role of Competitiveness Quality of Life (Prosperity) Economic Outcomes (Productivity) Competitiveness Competitiveness is not everything that matters, but without competitiveness everything that matters is much harder to achieve 2 Traditional Views on Achieving Competitiveness • Conceptual research has increasingly focused on endogenous growth-models • Empirical literature has looked at “deep” drivers of prosperity differences; recent work at unsustainable “growth spurts” • The general principles (Washington consensus, etc.) derived from this work provide often insufficient guidance to policy makers • Emerging consensus for policy advice to become more context-, i.e. country-specific • But without a clear framework, the move from general recipes to country-specific approaches opens the door for old-style intervention • The competitiveness framework offers a systematic structure to make evidence-based policy choices in a concrete situation 3 © Christian Ketels, 2009 The Competitiveness Framework Microeconomi c C ompetiti veness Sophistication Quality of the of Company State of Cluster National Operations and Development Business Strategy Environment Macroeconomic Competitiveness Social Quality of Infrastructure Macroeconomic and Political Policy Institu tions Endowments Natural Geographic Size Resources Location 4 Macroeconomic Competitiveness Social Quality of Infrastructure Macroeconomic and Political Policy Institutions Political institutions Monetary policy • Set the context for policy • Ensure the effectiveness of price decisions on all dimensions of signals for economic choices competitiveness Fiscal policy Rule of law • Keep spending within government’s • Provide fundamental conditions intertemporal budget constraint for the functioning of markets • Reduce cyclical fluctuations of the economy Basic human capacity • Provide fundamental capacity Financial system management for economic activities beyond • Avoid the build-up of unsustainable the subsistence level internal and external imbalances • Institutions critical in the long-term but hard to change in the short-term • Macroeconomic policies more amendable to reform but often unsustainable if not matched by policy changes in other areas 5 © Christian Ketels, 2009 Microeconomic Competitiveness Sophistication Quality of the of Company State of Cluster National Operations and Development Business Strategy Environment • Reach the highest level • Increase the level of • Create the conditions of productivity and productivity and that allow companies to innovation possible innovation companies reach a high level of given the overall can reach for a given productivity and environment business environment innovation • Many individual factors and significant systemic interactions among them; ppgrioritizing and seqqguencing of actions is a crucial task • Many parts of the economy and society play an important role, including several parts of government, companies, universities, and platforms for collaboration; coordination and allocation of responsibilities ikis key 6 © Christian Ketels, 2009 Microeconomic Foundations of Development Typical Company Weaknesses in Emerging Economies Corporate Direction Strategic Positioning Activities • Opportunistic pursuit • Focus on the local • Labor intensive parts of new businesses, market of the value chain are seizing profitable • Wide product lines emphasized opportunities in serving all local industry • Low investment in whatever area they segments machinery, equipment, arise • Price is the primary brands, R&D, and • Strategy driven by basis of competition training government and other • Foreign partners relationships • Low input costs are primary competitive provide many inputs, • Conglomerate advantage know how, and financing business groups compete in hig hly • Emulate foreign best disparate businesses practices • Imitate products and services of foreign and other domestic competitors 7 Productivity and the Business Environment Context for Firm Strategy and Rivalry z A local context and rules that encourage investment and sustained upgrading Factor –e.g., Intellectual property Demand (Input) protection Conditions Conditions z Meritocratic incentive systems across all major institutions z Open and vigorous competition z Presence of high quality, among locally based rivals z Sophisticated and demanding local specialized inputs available customer(s) to firms z Local customer needs that anticipate –Human resources those elsewhere Related and –Capital resources z Unusual local demand in specialized –Physical infrastructure Supporting segments that can be served –Administrative infrastructure Industries nationally and globally –Information infrastructure –Scientific and technological z Access to capable, locally based suppliers infrastructure and firms in related fields –Natural resources z Presence of clusters instead of isolated industries • Successful economic development is a process of successive economic upgrading, in which the business environment in a nation evolves to support and encourage increasingly sophisticated ways of competing Source: Michael Porter 8 National Export Portfolio Thailand, 1997 to 2007 3.5% Change In Thailand’s Overall Fishing & Fish Products World Export Share: +0.044% Information Technology (-2.2%, 6.5%) 3.0% Plastics 77 Motor Driven Products 2.5% Construction Materials rket share, 200 aa 2.0% Jewelry, Precious Metals and Collectibles Entertainment and Reproduction Equipment Sport Lighting and Electrical Equipment Agriculture 1.5% Building Fixtures and Equipment Publishing world export m world export FtFootwear (-1. 53%) Analytical Instruments and Printing Apparel Furniture Textiles Leather Automotive Power Generation Processed Foods 1.0% Thailand’s Average World Thailand’s Communications Aerospace Vehicles Export Share: 1.08% Equipment Chemical Transportation and Logistics ProductsConstruction Services Metal, Mining and Manufacturing Business Production Technology 0.5% Services Medical Devices Prefabricated Enclosures and Structures Oil & Forest Products TobaccoGas Biopharmaceuticals Heavy Machinery Communication Services Marine Equipment Financial Services 0.0% -1.5% -1.0% -0.5% 0.0% 0.5% 1.0% 1.5% Change in Thailand’s world export market share, 1997 to 2007 Exports of Source: Prof. Michael E. Porter, International Cluster Competitiveness Project, Institute for Strategy and Competitiveness, Harvard Business School; Richard Bryden, Project Director. Underlying data drawn from the UN Commodity Trade Statistics9 Database and the IMF BOP statistics. US$4.3 Billion = The Thai Automotive Cluster: The Geographic Dimension Pathumthani • Thai Suzuki Motor Chachoengsao • and 39 suppliers • Toyota Motor Thailand • Isuzu Motors (Thailand) Ayyyudhaya • Honda Automobile (Thailand) Samutprakarn • Toyota Motor Thailand • Isuzu Motors (Thailand) Bangkok • Siam Nissan Automobile • Bangchan General Assembly • Siam V. M. C. Automobile • Y.M.C. Assembly • Thai Auto Work • Thai Honda Manufacturing • International Vehicles • and 232 suppliers • Thai Yamaha Motor • Thai Swedish Assembly • Hino Motors (Thailand) • Thonburi Automotive Chonburi Assembly Samutsakorn • 55 suppliers • Thai Rung Union Car Rayong • Auto Alliance (Thailand) • General Motors (Thailand) • BMW Manufacturing Samutprakarn (Thailand) • 158 suppliers • Kawasaki Motors Enterprise (Thailand) • MMC Sittipol • and 41 suppliers Source: Vanichseni: Development of Automotive Industry Master Plan (2002) 10 © Christian Ketels, 2009 The Thai Automotive Cluster: The Activity Dimension AblAssemblers Steel Distribution Plastics Motor- Passenger Pickup cycles Cars Trucks Finance Rubber&Tires Testing Electronics Components and Module Makers Specialized Glass (1st tier) Consultants Engines, Drivetrains, Steering, Suspension, Brake, Wheel, Tire, Leather & Bodyworks, Interiors, Electronics and Electrical Systems Fabric Services Parts (2nd & 3rd tiers) Machinery Stamping, Plastics, Rubber, Machining, Casting, Forging, Function, Electrical, Trimming Globally Competitive Regionally Competitive Tools Nationally Significant Nationally Insignificant Mold&Die Education and GtGovernment ThilTechnical AitiAssociations Jig&Fixture Institutions Source: Sasin-team analysis, 2003 study 11 Clusters and Competitiveness Static Dynamic (Leverage) (Upgrade) ENHANCE Other Dimensions of Clusters Competitiveness ENABLE • Co-location of companies • Economic fundamentals and other institutions that set the productivity affecting the potential for level companies can reach local value creation within a within a given geographic given economic field through location spillovers and linkages 12 © Christian Ketels, 2009 Clusters Enhancing Competitiveness: Leveraging Existing Assets Productivity Local Externalities • Common labor markets New • Specialized suppliers Business •Specialized infrastructure Formation • Knowledge Spillovers • Competitive pressure Innovation 13 © Christian Ketels, 2009 Enabling the Emergence of Clusters POLICY Location Existing Clusters Business Environment Natural Resources Entrepreneurs Con tex t for compe tition across regi ons 14 © Christian Ketels, 2009 Clusters Enhancing Competitiveness: Upgrading Capabilities BETTER (Competitiveness) FINISH MORE (Agglomeration) 15 15 © Christian Ketels, 2009 Target Public Policy
Load more

Recommended publications
  • Ar2008 EN.Pdf
    Financial Highlights 2 Message from the Chairman 3 Board of Directors and Audit Committee 4 Social Activities 2008 8 General Information 11 Nature of Business 14 Risk Factors 17 Shareholders and Management 20 Contents Related Party Transactions 32 Corporate Governance 35 Supervisory Report on Audit Committee 46 Remuneration Committee’s Report 48 Board of Directors’ Responsibility for Financial Reports 49 Management’s Discussion and Analysis 50 Report of Independent Auditor 54 Financial Stetaments 55 () !"#$!% &! # & & '& *,$+ 2510 -./ $!# &#3$3 () ! 4 *!,- $!',$ 2537 && $ &3 40 &$ () # # # , 9 ,& #$!%:,$!' !#$;<,,# =:<>$$!'&" &=":- &=# &%$ !?9 ?&: , () !, &,## -.=:<> <:--?!$ () Thai Rung Union Car Public Company Limited Thai Rung Union Car Plc. has long been established in the business of motor vehicle assembly Originally founded as a limited partnership under the name Thai Rung Engineering in 1967. its business success eventually led to its become a listed company on the Stock Exchange of Thailand in 1994 under the current name, Thai Rung Union Car Public Company Limited. For the last forty years, until the Present, Thai Rung Union Car Plc. has always been dedicated to developing creative and innovative products for the Thai automotive assembly industry, has also had success with imaginative exports to several countries in different parts of the world. lts products have been popular with consumers, and it has received the Prime MinisterGs Award for Best Exporter and the Car of the Year Award, to name just two of many awards. All this is a source of great pride to us at Thai Rung Union Car Plc. and it also strengthens our determination to continue ceaselessly creating and developing quality products for thai people and the thai nation.
    [Show full text]
  • IHS Automotive Regional Report Supplierbusiness ASEAN Automotive Supplier Report
    IHS Automotive Regional Report SupplierBusiness ASEAN Automotive Supplier Report 2013 Edition supplierbusiness.com IHS Automotive SupplierBusiness | ASEAN Automotive Suppliers Report Contents ASEAN automotive & supplier market overview ......................................................................................................... 7 Indonesia – Automotive Industry Overview ............................................................................................................... 17 Overview of Macro Economic Situation ................................................................................................................. 17 Planned Investment in Infrastructure Development Projects .............................................................................. 18 National Automotive Policy & Plans ........................................................................................................................ 19 Manufacturing Advantage ........................................................................................................................................ 22 Overview of Automotive Industry & Supply Chain ................................................................................................. 23 Overview of Vehicle Component Suppliers ............................................................................................................ 29 List of Joint-Ventures and Mergers & Acquisitions in 2012/2013 ........................................................................ 30 OEM Supplier
    [Show full text]
  • Table of Asean Treaties/Agreements And
    TABLE OF ASEAN TREATIES/AGREEMENTS AND RATIFICATION As of October 2012 Note: USA = Upon Signing the Agreement IoR = Instrument of Ratification Govts = Government EIF = Entry Into Force No. Title of the Agreement Place and Date Ratifying Date of Ratification EIF of Signing Country 1. Memorandum of Understanding among Siem Reap - - - the Governments of the Participating 29 August 2012 Member States of the Association of Southeast Asian Nations (ASEAN) on the Second Pilot Project for the Implementation of a Regional Self- Certification System 2. Memorandum of Understanding Phuket - - - between the Government of the Thailand Member States of the Association of 6 July 2012 Southeast Asian nations (ASEAN) and the Government of the People’s Republic of China on Health Cooperation 3. Joint Declaration of the ASEAN Defence Phnom Penh - - - Ministers on Enhancing ASEAN Unity for Cambodia a Harmonised and Secure Community 29 May 2012 4. ASEAN Agreement on Custom Phnom Penh - - - This Agreement shall enter into force, after 30 March 2012 all Member States have notified or, where necessary, deposited instruments of ratifications with the Secretary General of ASEAN upon completion of their internal procedures, which shall not take more than 180 days after the signing of this Agreement 5. Agreement between the Government of Phnom Penh - - - The Agreement has not entered into force the Republic of Indonesia and the Cambodia since Indonesia has not yet notified ASEAN Association of Southeast Asian Nations 2 April 2012 Secretariat of its completion of internal 1 TABLE OF ASEAN TREATIES/AGREEMENTS AND RATIFICATION As of October 2012 Note: USA = Upon Signing the Agreement IoR = Instrument of Ratification Govts = Government EIF = Entry Into Force No.
    [Show full text]
  • THAIRUNG ENGLISH.Indd
    2017รายงานประจำป 2560 ANNUAL REPORT บรษิ ทั จำกดัั (มหาชน) Thai Rung Union Car Public Company Limited รางวลั นวตั กรรมแหง ชาต ิ 2560 National Innovation Awards 2017 รถยนต์ TR Transformer II ของไทยรุ่งฯ ได้รับ “รางวัลชนะเลิศนวัตกรรมแห่งชาติ ประจ�าปี 2560” จากส�านักงานนวัตกรรมแห่งชาติฯ กระทรวงวิทยาศาสตร์และเทคโนโลยี TR Transformer II has won a “National Innovation Awards 2017“ from the National Innovation Institute of the Ministy of Science and Technology บริษัท ไทยรุ่งยูเนี่ยนคาร์ จำกัด (มหาชน) Thai Rung Union Car Public Company Limited Content Company Background 2 Vision and Mission 3 Summary Financial Information 4 Message from the Chairman 5 Profiles of Directors of the Company 7 General Information 17 Organization Chart 21 Nature of Business 22 Risk Factors 26 Shareholders and Management 30 Corporate Governance 46 Sustainability Report 62 Related Party Transactions 80 Internal Control 83 Report of the Audit and Corporate Governance Committee 85 Report of the Nomination and Remuneration Committee 88 Report of the Risk Management Committee 90 Board of Directors’ Responsibility for Financial Reports 91 Management’s of Discussion and Analysis 92 Independent Auditor’s Report 97 Financial Statement 102 บริษัท ไทยรุ่งยูเนี่ยนคาร์ จำากัด (มหาชน) Thai Rung Union Car Plc., 1 บริษัท ไทยรุ่งยูเนี่ยนคาร์ จำกัด (มหาชน) Thai Rung Union Car Public Company Limited Company Background Company Background Thai Rung Union Car Plc has long been established as a maker of auto body parts and a vehicle assembler. Originally founded as a limited partnership under the name Thai Engineering in 1967 by Mr. Vichien Phaoenchoke, its business success eventually led to its becoming a listed company on the Stock Exchange of Thailand in 1994 under the current name, Thai Rung Union Car Public Company Limited.
    [Show full text]
  • The Thai-Lao Border Conflict
    ERG-IO NOT FOR PUBLICATION WITHOUT WRITER'S CONSENT INSTITUTE OF CURRENT WORLD AFFAIRS 159/1 Sol Mahadlekluang 2 Raj adamri Road Bangkok February 3, 1988 Siblinq Rivalry- The Thai-Lao Border Conflict Mr. Peter Mart in Institute of Current World Affairs 4 West Wheelock Street Hanover, NH 03755 Dear Peter, The Thai Army six-by-six truck strained up the steep, dirt road toward Rom Klao village, the scene of sporadic fighting between Thai and Lao troops. Two days before, Lao "sappers" had ambushed Thai soldiers nearby, killing II. So, as the truck crept forward with the driver gunning the engine to keep it from stalling, I was glad that at least this back road to the disputed mountaintop was safe. For the past three months, reports of Thai and Lao soldiers battling to control this remote border area have filled the headlines of the local newspapers. After a brief lull, the conflict has intensified following the Lao ambush on January 20. The Thai Army says that it will now take "decisive action" to drive the last Lao intruders from the Rom Klao area, 27 square miles of land located some 300 miles northeast of Bangkok. When Prime Minister Prem Tinsulanonda visited the disputed tract, the former cavalry officer dramatically staked out Thai territory by posing in combat fatigues, cradling a captured Lao submachine gun. Last week, the Thai Foreign Ministry escorted some 40 foreign diplomats to the region to butress the Thai claim, but had to escort them out again when a few Lao artillery shells fell nearby.
    [Show full text]
  • Older Population and Health System: a Profile of Thailand
    Older Population and Health System: A profile of Thailand I. Introduction to Thailand The Kingdom of Thailand was established in the mid-14th Century, known as Siam until 1939. A revolution in 1932 led to a constitutional monarchy. It lies in the heart of Southeast Asia. The country shares a long border with Myanmar to the west and the north, Lao P.D.R. to the north and the northeast, Cambodia to the east and Malaysia to the south. Thailand is divided into four distinct geographical regions: the mountainous North, the fertile Central Plains, the semi-arid plateau of the Northeast and the peninsula South At present, there are around 62.3 million people, of which 32% live in urban areas. Although most of Thailand is agricultural, the social and economic developments have changed the economy rapidly to industrialized productions and service sectors. After enjoying the world’s highest growth rate from 1985 to 1995 – averagely almost 9% annually – increased speculative pressure on Thailand currency in 1997 led to a crisis that uncovered financial sector weakness and forced the government to float the value of the Baht. Thailand entered a economic recovery stage in 1999. Nevertheless, the economic ordeal has a significant impact on country’s labor structure, population migration, urbanization and life styles. The Gross Domestic Product (GDP) per Capita is $7,248 in 2002. GDP- composition by sector is 11% in agriculture sector, 40% in industry and 49% in services. Average consumer price index (CPI) in 2001 is only 1.6%. The CPI in food and non-food are 0.4% and 2.2% respectively.
    [Show full text]
  • Curriculum Vitae Stanley Mays Arua
    CURRICULUM VITAE STANLEY MAYS ARUA Personal Details SURNAME : ARUA GIVEN NAMES : STANLEY MAYS BIRTH DATE : 29th June 1972 HOME DISTRICT/PROV : Bereina, Central Province, PNG MARITAL STATUS : Married with 8 children RESIDENTIAL ADDRESS : S239 L24: Gerehu Stg 2. NCD. CONTACT PHONE : 3019233: Email: : [email protected] Current Status: Coordinator – Program Compliance Development Partner Compliance & Coordination Unit Department of Prime Minister & NEC Academic Qualifications Post Graduate Diploma of Arts in Political Science and International Relations – Research -, Auckland University, NZ, 1999 Bachelor of Arts in Political Science and International Relations, University of PNG, 1998 Matriculation in Social Science – Education Faculty, University of PNG, 1995 Grade 10 Certificate, De La Salle Bomana, National Capital District, Department of Education, 1988 Special Training Professional Program for Diplomats from Pacific Island Countries, Ministry of Commerce (Certificate June 2011) People’s Republic of China. International Program on Public Administration and Good Governance, KOICA (Certificate November 2008) Republic of Korea Foreign Service Training, PNGDFAT/NZMFAT (Certificate July 2008) Port Moresby, PNG Time Management and Delegation, PNG Bankers’ College (Certificate 2002) Port Moresby, PNG 1 Positive Work Attitudes, Dept. Labour and Industrial Relations, (Certificate 2001) PNG Public Service, Port Moresby Small Business Management, Ausbiz Limited (Certificate 1999) AusAid Secretary to the University of the South Pacific
    [Show full text]
  • Dimensional Investment Group
    SECURITIES AND EXCHANGE COMMISSION FORM N-Q Quarterly schedule of portfolio holdings of registered management investment company filed on Form N-Q Filing Date: 2008-04-29 | Period of Report: 2008-02-29 SEC Accession No. 0001104659-08-027772 (HTML Version on secdatabase.com) FILER DIMENSIONAL INVESTMENT GROUP INC/ Business Address 1299 OCEAN AVE CIK:861929| IRS No.: 000000000 | State of Incorp.:MD | Fiscal Year End: 1130 11TH FLOOR Type: N-Q | Act: 40 | File No.: 811-06067 | Film No.: 08784216 SANTA MONICA CA 90401 2133958005 Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM N-Q QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY Investment Company Act file number 811-6067 DIMENSIONAL INVESTMENT GROUP INC. (Exact name of registrant as specified in charter) 1299 Ocean Avenue, Santa Monica, CA 90401 (Address of principal executive offices) (Zip code) Catherine L. Newell, Esquire, Vice President and Secretary Dimensional Investment Group Inc., 1299 Ocean Avenue, Santa Monica, CA 90401 (Name and address of agent for service) Registrant's telephone number, including area code: 310-395-8005 Date of fiscal year end: November 30 Date of reporting period: February 29, 2008 ITEM 1. SCHEDULE OF INVESTMENTS. Dimensional Investment Group Inc. Form N-Q February 29, 2008 (Unaudited) Table of Contents Definitions of Abbreviations and Footnotes Schedules of Investments U.S. Large Cap Value Portfolio II U.S. Large Cap Value Portfolio III LWAS/DFA U.S. High Book to Market Portfolio DFA International Value Portfolio Copyright © 2012 www.secdatabase.com.
    [Show full text]
  • Fact Sheet – Thailand Official Name Kingdom of Thailand Capital Bangkok
    Fact Sheet – Thailand Official Name Kingdom of Thailand Capital Bangkok (population 10 million) Area 513,115 sq km (about 1/6th of area of India) Provinces 77 provinces including one Specially Governed District (Bangkok) Major cities Bangkok, Chiang Mai, Phuket, Khon Kaen, Nakorn Ratchasima, Ubon Ratchathanee, Hat Yai and Udon Thani Population 67.09 million (July 2012) population growth rate – 0.7% per annum Religion Buddhist 95%, Muslims 3.8%, Christians 0.5%, others 1.7%. Ethnic Groups Thais, Chinese, Malays, the Burmese, Lao, Khmers Currency Baht (1 US$ - 29.45 Baht - May 2013) National Day 5 December (Birthday of HM King Bhumibol Adulyadej) Languages Thai, Chinese, English Climate Tropical: temperatures vary between 19 C to 38 C Government Constitutional Monarchy with Parliamentary Democracy Head of State HM Bhumibol Adulyadej, the 9thking (Rama IX) of the House of Chakri, is the world's longest-serving ruler (since 1946). The king is titled as the upholder of the Buddhist religion & the defender of all faiths. Crown Prince is HRH Mahavajiralongkorn. Head of PM Yingluck Shinawatra (since August 2011), Thailand’s first female Government PM and the 28th PM of Thailand, member of the Pheu Thai Party Parliament The National Assembly of Thailand is a bicameral body. The Senate (National (Upper House) is a non-partisan legislative chamber, composed of 150 Assembly) members (76 Senators are directly elected from the Provinces, while 74 are appointed from various sectors by the Senate Selection Committee). The Senate operates under fixed terms of 6 years. The House of Representatives (Lower House) with a 4 years term has a total 500 Members (375 Members are elected through single constituency elections, while the other 125 are appointed on the basis of percentage of votes obtained by each party.
    [Show full text]
  • Philippines-Thailand Extradition Treaty
    The Asian Development Bank and the Organisation for Economic Co-operation and Development do not guarantee the accuracy of this document and accept no responsibility whatsoever for any consequences of its use. This document was obtained in September 2007. Philippines-Thailand Extradition Treaty ADB/OECD Anti-Corruption Initiative for Asia Pacific September 2007 www.oecd.org/corruption/asiapacific/mla [email protected] Philippines-Thailand Extradition Treaty 2 ADB/OECD Anti-Corruption Initiative for Asia Pacific September 2007 www.oecd.org/corruption/asiapacific/mla [email protected] Philippines-Thailand Extradition Treaty 3 ADB/OECD Anti-Corruption Initiative for Asia Pacific September 2007 www.oecd.org/corruption/asiapacific/mla [email protected] Philippines-Thailand Extradition Treaty 4 ADB/OECD Anti-Corruption Initiative for Asia Pacific September 2007 www.oecd.org/corruption/asiapacific/mla [email protected] Philippines-Thailand Extradition Treaty 5 ADB/OECD Anti-Corruption Initiative for Asia Pacific September 2007 www.oecd.org/corruption/asiapacific/mla [email protected] Philippines-Thailand Extradition Treaty 6 ADB/OECD Anti-Corruption Initiative for Asia Pacific September 2007 www.oecd.org/corruption/asiapacific/mla [email protected] Philippines-Thailand Extradition Treaty 7 ADB/OECD Anti-Corruption Initiative for Asia Pacific September 2007 www.oecd.org/corruption/asiapacific/mla [email protected] Philippines-Thailand Extradition Treaty 8 ADB/OECD Anti-Corruption Initiative for Asia Pacific September 2007
    [Show full text]
  • Double Taxation Avoidance Agreement Between Thailand and Indonesia
    Double Taxation Avoidance Agreement between Thailand and Indonesia Completed in 2000 This document was downloaded from ASEAN Briefing (www.aseanbriefing.com) and was compiled by the tax experts at Dezan Shira & Associates (www.dezshira.com). Dezan Shira & Associates is a specialist foreign direct investment practice, providing corporate establishment, business advisory, tax advisory and compliance, accounting, payroll, due diligence and financial review services to multinationals investing in emerging Asia. AGREEMENT BETWEEN THE GOVERNMENT OF THE KINGDOM OF THAILAND AND THE GOVERNMENT OF THE REPUBLIC OF INDONESIA FOR THE AVOIDANCE OF DOUBLE TAXATION AND THE PREVENTION OF FISCAL EVASION WITH RESPECT TO TAXES ON INCOME The Government of the Kingdom of Thailand and the Government of the Republic of Indonesia, DESIRING to conclude an Agreement for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, HAVE AGREED AS FOLLOWS : Article 1 PERSONAL SCOPE This Agreement shall apply to persons who are residents of one or both of the Contracting States. 2 Article 2 TAXES COVERED 1. This Agreement shall apply to taxes on income imposed on behalf of one of the Contracting States, irrespective of the manner in which they are levied. 2. There shall be regarded as taxes on income all taxes imposed on total income or on elements of income, including taxes on gains from the alienation of movable or immovable property, taxes on the total amounts of wages or salaries paid by enterprises, as well as taxes on capital appreciation. 3. The existing taxes to which the Agreement shall apply are: (a) in Thailand : (i) the Income Tax; (ii) the Petroleum income Tax.
    [Show full text]
  • 3 History of Thailand in Brief in Order to Understand the Culture of a State, It Is Necessary to Trace Back Different Eras of the History of That State
    3 History of Thailand in Brief In order to understand the culture of a state, it is necessary to trace back different eras of the history of that state. The history of Thailand begins 5,000 years ago; the ancestors of today’s Thai people lived in southern China areas. Through various migration streams they worked their way south to Thailand, Burma and Laos. They entered the Southeast Asian peninsular, today’s Thailand at Chiang Saen, on the southern banks of Mekong River. It was the migrants from southern China who formed the first city states in the northern regions of present day Thailand.32 3.1 The Origin of Thai People and Historical Development According to Noppawan Sirivejkul33 the Thai historical development may be divided into 9 eras which can be briefly summarized as follows: Table 15: Division of Thai Historical Eras Era or Kingdom Century A.D. Important Development 1. Funan Kingdom 1st – 6th 43 B.C.- 557 A.D. Mekong Basin Settlement 2. Dvaravati Kingdom 6th – 11th 557 - 1057 Influence of Indian Culture 3. Lawo (Lopburi) 10th – 12th 957 - 1157 Era of Disputes 4. Haripunchai (Lamphun) 7th - 13th 657 - 1292 Religious Development Era 5. Lanna Kingdom 13th – 16th 1296 - 1355 Kingdom Establishment Age 1355 – 1525 Golden Age of Lanna 1525 - 1558 Lanna Age of Decline 6. Sukhothai Kingdom 12th - 15th 1157 - 1438 Pottery, Celadon Age 7. Ayutthaya Kingdom 14th – 18th 1350 - 1767 417 years of Prosperity 8. Thonburi 18th 1767 - 1782 15 years of Reconstruction 9. Rattanakosin (Bangkok) 18th - Present 1782 - 1851 Chakri Dynasty Era 1851 – 1932 Political Reform 1932 - Present Democratic Ruling Source: Noppawan Sirivejkul.
    [Show full text]