This action might not be possible to undo. Are you sure you want to continue?
"On June 24, 1939 the Government of Siam, the only free nation (the only non-European colony) in Southeast Asia, changes its name to Thailand, which means 'Free Land' ".
The Thai Flag I. Brief Historical Overview The history of Thailand begins with the migration of the Tai- Lao speaking people from their ancestral home in southern China into mainland southeast Asia around the 10th century AD. Prior to this, Mon, Khmer and Malay kingdoms ruled the region. The Thais established their own states starting with Sukhothai, Chiangsaen and Chiangmai as Lanna Kingdom and then Ayutthaya kingdom. These states fought each other and were under constant threat from the Khmers, Burma and Vietnam. Much later, the European colonial powers threatened in the 19th and early 20th centuries, but Thailand survived as the only Southeast Asian state to avoid colonial rule. After the end of the absolute monarchy in 1932, Thailand endured sixty years of almost permanent military rule before the establishment of a democratic elected-government system. Post-1973 has been marked by a struggle to define the political contours of the state. It was won by the King and General Prem Tinsulanonda, who favored a monarchy constitutional order.
The post-1973 years have seen a difficult and sometimes bloody transition from military to civilian rule, with several reversals along the
way. The revolution of 1973 inaugurated a brief, unstable period of democracy, with military rule being reimposed after the 6 October 1976 Massacre. For most of the 1980s, Thailand was ruled by Prem, a democratically-inclined strongman who restored parliamentary politics. Thereafter the country remained a democracy apart from a brief period of military rule from 1991 to 1992. The populist Thai Rak Thai party, led by prime minister Thaksin Shinawatra, came to power in 2001. Yet his rule was under attack due to several charges; human right abuse, suppression of freedom press, conflict of interest, anti- monarchy, and corruption. In mid-2005, Sonthi Limthongkul, a well-know media tycoon, became the foremost Thaksin's critic. Eventually Sonthi and his alliances founded an opposition mass movement called 'the People's Alliance for Democracy (PAD), beginning its mass street protest.
On September 19, 2006, after the dissolution of the parliament, Thaksin then became the provisional government. While he was in New York for a meeting of the UN, Army Commander-in-Chief Lieutenant General Sonthi Boonyaratglin launched a bloodless coup d'état. A general election on 23 December 2007 restored a civilian government, led by Samak Sundaravej of the People Power Party, with close relation to Thaksin.
In mid-2008, the People's Alliance for Democracy (PAD) led large protests against the government of Prime Minister Samak Sundaravej, whom they criticized for his ties to former Prime Minister Thaksin Shinawatra. On 26 August 2008, the protesters occupied several government ministries, including the Government House Samak refused to resign, but also elected not to use force to remove the protestors. Beginning August 29, protesters disrupted air and rail infrastructure. On September 2, Samak declared a state of emergency, banning gatherings and use of media by the PAD. As of September 8, the protesters are still occupying Government House.
On the 15th of Dec, 2008 The Parlament voted Abhisit Vejjajiva of Democrat Party as Thailand Prime Minister and on the 17th – His Majesty, the King signed a royal command to appoint the Democrat Party Leader Oxford-educated Abhisit "Mark" Vejjajiva as Thailand's 27th Prime Minister2008.
a. Political /Legal Environment Change in 1932 The politics of Thailand took a very significant turn on 24 June 1932 when a group of young intellectuals, educated abroad and imbued with the concept of Western democracy, staged a bloodless coup demanding a change from absolute to constitutional monarchy. Determined to avoid any bloodshed, King Prajadhipok (Rama Vll) agreed to the abolition of absolute monarchy and the transfer of power to the constitution-based system of government as demanded. On 10 December 1932, King Prajadhipok signed Thailand's first constitution and thus ended 800 years of Thailand's absolute monarchy. Despite the number of successive constitutions that followed in the span of just over half a century, the basic concepts of constitution have remained unaltered. Major Ingredients in Thai Politics The first and foremost concept is the status of the monarch as head of the armed forces and upholder of Buddhism and all other religions. Every constitution provides that the monarch's person is sacred and
inviolable. His sovereign power emanates from the people, and as head of state, he exercises his legislative power through parliament, executive power through the cabinet headed by a prime minister, and judicial power through the courts. The monarch is empowered with the right to be consulted, the right to encourage, and the right to warn whenever the government appears not to administer the state affairs according to his wishes and for the good of the people. The second concept concerns the legislative branch. The new leaders of 1932 realized that the goal of popularly elected government could not be attained immediately, and that considerable experimentation and adaptation would be necessary before a balance could be struck. For this reason, the first constitution was a cautious document that created a bicameral National Assembly with two categories of members, the House of Representatives (the Lower House) which were elected by the popular vote, and the Senate (the Upper House) which were appointed by the King on the recommendation of the Council of Ministers (now called the cabinet). The number of members in the House of Representatives is determined by the size of the population, while the number of senators is normally restricted to no more than three-quarters of the total number of the representatives. This concept remains a basic principle of successive constitutions in Thai politics. The third concept concerns the executive branch. Every constitution holds that the Prime Minister is head of government and chief executive. A slight difference between the Thai Prime Minister and those in other countries is that, since the creation of the post of Prime Minister in 1933. The Thais have often looked upon their Prime Minister as a protective figure, possibly due to their tendency to extend family structure into the sphere of government. For the past six decades, Thailand has been adopting the Western democratic system to the needs of a nation with its own identity and time-honored culture. The constitution was amended in June 1992,
making it mandatory that the prime minister be an elected member of parliament.
The Government The cabinet is responsible for the administration of thirteen ministries and the Office of the Prime Minister. Each ministry is headed by a politically appointed minister with one or more deputy ministers. The Prime Minister is assisted by Deputy Prime Ministers as well as a number of ministers holding the portfolio of "Minister to the Prime Minister's Office." Smaller cabinet committees are set up to help screen proposals from the various ministries sent to the larger cabinet. This process enables the government to ensure that no policy is made that is incompatible with other related ones. The committees may be assigned by the Prime Minister to thoroughly examine the merits of each project or policy for the cabinet so that the latter will not have to go into such details before deciding on proposals and spare itself time to consider other matters. The Office of the Prime Minister is a central body, which in itself ranks as a ministry, whose responsibility is largely concerned with formulating national policy. Some of its primary subdivisions are the Budget Bureau; the National Security Council; the Juridical Council; the National Economic and Social Development Board; the Board of Investment; the Civil Service Commission and several other organizations vital to the formulation of national policy. The fourteen ministries are divided on functional basis. At a time when the economic growth of the country is one of the highest in the region and the country is in the process of diversifying from agriculture to industry, the Ministry of Agriculture and Cooperatives, the Ministry of Industry, the Ministry of Commerce and the Ministry of Finance play important roles in the Thai Government
The Ministry of Defense, the Ministry of Interior, and the Ministry of Justice are in charge of maintaining peace and security and regulating law and order of the country. The Ministry of Education, the Ministry of University Affairs, the Ministry of Public Health, the Ministry of Labor and Social Welfare and the Ministry of Transport and Communications are concerned with laying down the ground works of social and physical infrastructure and welfare for Thai society. The Ministry of Science, Technology and Energy effectively keeps pace with accelerating developments in the country through modern technology, while the Ministry of Foreign Affairs undertakes to strengthen friendly relations between Thailand and the outside world. The head of career civil servants in each ministry is the permanent secretary, who has administrative control over all the departments of the ministry, each of which is headed by a director-general, also a career civil servant. The Armed Forces The Thai Armed Forces are divided into three branches: the Royal Thai Army (RTA), the Royal Thai Navy (RTN) and the Royal Thai Air Force (RTAF). Thai soldiers are composed of professional career soldiers and conscripts. Every male aged between twenty-one and twenty-five is subject to two years of military service. The King is Commander-in-Chief of the Royal Thai Armed Forces and the cabinet is the instrument through which national security policy is formulated. The Defense Ministry co-ordinates the administration of the Armed Forces. Thailand's fighting forces are governed by the Supreme Command Headquarters which is staffed by leaders of the Army, Navy and Air Force. Organized into divisions and combat regiments, the Royal Thai
Army is divided into four army regions, covering Bangkok and the central Plains, the Northeast, the North and the South. Thailand's naval fleet, though small, has always given a good account of itself. It perates primarily out of the sprawling, modern naval station at Sattahip, southeast of Bangkok. The Royal Navy has a marine corps, modelled on the American pattern, skilled in both amphibious and jungle operations. The Royal Thai Air Force has its main base at Don Muang airport, adjacent to Bangkok's International Airport. The RTAF also has large air fields and facilities in the North and Northeast. THAI POLITICS: FOUR MINISTERS IN 2 YEARS 1 Oct 2006 – 29 Jan 2008 29 Jan 2008 - 9 Sept 2008 18 Sept 2008 - 2 Dec 2008 accused of economic mismanagement and forest reserve encroachment violated the Thai Consti by being paid for his appearances in his TV cooking shows brother -in-law of Thaksin accused of violating the constitution by holding shares of Thailand's CSLox Info PCL
Samak Sundaravej Somchai Wongsawat
2 Dec 2008 - present
THE PRESENT ADMINISTRATION : Abhisit Vejjajiva Administration "We have assumed office through the democratic parliamentary process, and my government is committed to fostering reconciliation and harmony in Thai society. I have also sought to make clear from the very start that my government will uphold the rule of law. We will emphasize good governance, accountability, honesty, and integrity in discharging our responsibilities as the people’s government."
(An excerpt from Prime Minister Abhisit Vejjajiva’s remarks at the reception for the diplomatic corps and heads of international organizations in Thailand, Government House, 14 January 2009)
Abhisit Vejjajjiva was formally endorsed by King Bhumibol Adulyadej as Prime Minister on 17 December 2008. He ascended to power amid a global economic crisis and his first act as Prime Minister was to send SMS texts to tens of millions of Thai mobile phone users. The message, signed "Your PM", asked people to help him solve the country's crisis. Abhisit was criticized for violating privacy regulations in the mass SMS. The National Telecommunication Commission says that mobile phone service providers may not exploit client information, including phone numbers, without their consent. However, it did not seek actions against Abhisit.
Prime Minister Abhisit said that the Government would perform its duties, based on four principles: protect the monarchy and prevent any infringement of the inviolable royal position foster reconciliation and harmony on the basis of righteousness, justice, and concurrence of all sectors of society calls for economic revival to ensure sustainable growth and minimize economic impacts on the people develop democracy and the political system for greater stability, in compliance with the rule of law The Prime Minister also gave eight principles as guidelines for Cabinet members to follow:
1- All Cabinet members should adopt the principles in the royal speech of His Majesty the King given to the new Cabinet members when they were sworn in 2- All ministers should work with honesty 3- Quick operations with efficiency and in harmony 4- All Cabinet members must attend parliamentary sessions regularly 5- All ministers should care about the people’s feelings and views 6- All ministers were told to listen to the people and support the process of public hearings and related matters 7- Members must be ready to be scrutinized, and their responses and explanations must be based on facts and rationality 8- All ministers must respect the law, and their political responsibility should be higher than their legal responsibility PM Abhisit’s administration is cored on the following values as reflected in the principles he has given: good governance, accountability, honesty, and integrity His national administration plan focuses on: efforts to restore reconciliation and harmony in Thai society as an urgent policy of his administration need to limit the scope of political conflicts the justice system should be free from political interference officials serve as mechanisms to translate government policies into action PUBLIC HEALTH -continued the Surayud junta's policy of compulsory licensing of pharmaceuticals ICT -(ICT) policy focused on censorship of internet sites that he considered offensive to the monarchy
LEGISLATION -proposed a stricter new lese majeste law that would make "contemptuous tones" and putting inaccurate content about the Thai monarchy on the Internet a criminal offense CELEBRATION OF MONARCHY -made celebration of the monarchy and suppression of critical discussion of the institution major priorities
DEFENSE -approved the purchase of 6 JAS 39 Gripen fighter aircraft from Sweden, which costs 19.5 billion Baht
Key Players in Politics and Economy In Governing Coalition Democrat Party (Phak Prachatipat), (Occupies 173 out of 480 seats in the House of Representatives of Thailand (ca. 36%)) Proud Thais Party (Phak Bhum Jai Thai) (founded in 2008 by former members of the NDP), (Occupies 46 out of 480 seats in the House of Representatives of Thailand (ca. 10%)) Thai Nation Development Party (Phak Chart Thai Pattana) (founded in 2008 by former members of the CTP), (Occupies 29 out of 480 seats in the House of Representatives of Thailand (ca. 6%)) For the Motherland Party (Phak Pua Paendin) (founded in 2007), (Occupies 26 out of 480 seats in the House of Representatives of Thailand (ca. 5%)) Thais United National Development Party (Phak Ruam Jai Thai Chat Pattana) (founded in 2007), (Occupies 10 out of 480 seats in the House of Representatives of Thailand (ca. 2%)) In Opposition
For Thais Party (Phak Puea Thai), (Occupies 187 out of 480 seats in the House of Representatives of Thailand (ca. 39%)) Royalist People's Party (Phak Pracha Raj) (founded in 2006), (Occupies 9 out of 480 seats in the House of Representatives of Thailand (ca. 2%)) New Formed Parties New Politics Party (Karn Muang Mai), Parliamentary grouping of the People's Alliance for Democracy Banned Parties Thai Rak Thai Party (Phak Thai Rak Thai) – dissolved by the Constitutional Court of Thailand on May 30, 2007 for violating electoral laws People's Power Party (Phak Palang Prachachon) – dissolved by the Constitutional Court of Thailand on December 2, 2008, for violating electoral laws Thai Nation Party (Phak Chart Thai) – dissolved by the Constitutional Court of Thailand on December 2, 2008, for violating electoral laws Neutral Democratic Party (Phak Matchima) – founded in 2006, dissolved by the Constitutional Court of Thailand on December 2, 2008, for violating electoral laws B. Economic Environment The economy of Thailand is an emerging economy which is heavily export-dependent, with exports accounting for more than two thirds of gross domestic product (GDP). Thailand is classified as the 2nd largest economy in Southeast Asia after Indonesia. Despite this, Thailand ranks midway in the
wealth spread in Southeast Asia as it is the 4th richest nation according to GDP per capita, after Singapore, Brunei and Malaysia. It functions as an developing anchor economy of Laos, for the neighboring and Cambodia.
Thailand's recovery from the 1997–1998 Asian financial crisis depended mainly on exports, among various other factors. Thailand ranks high among the world's automotive export industries along with manufacturing of electronic goods. Most of Thailand's labor force is working in agriculture. However, the relative contribution of agriculture to GDP has declined while exports of goods and services have increased. Tourism revenues are on the rise. With the instability
surrounding the recent coup and the military rule, however, the GDP growth of Thailand has settled at around 4-5% from previous highs of 5-7% under the previous civilian administration, as investor and consumer confidence has been degraded somewhat due to political uncertainty. Main Natural Resources • Tin, rubber, natural gas, tungsten, tantalum, timber, lead, fish, gypsum, lignite, fluorite, and land Main Industries • • • • Agriculture, Forestry and Fishing Mining Industry and Manufacturing Services o o Tourism Banking and Finance
Agriculture, Forestry and Fishing Thailand is the world's leading exporter of rice and a major exporter of shrimp. Other crops include coconuts, corn, rubber, soybeans, sugarcane and tapioca. In 1985 Thailand officially designated 25 percent of the nation's land area for protected forests and 15 percent for timber production. Protected forests have been set aside for conservation and recreation, while production forests are available for the forestry industry. Between 1992 and 2001, exports of logs and sawn timber increased from 50,000 cubic meters to 2 million cubic meters per year. The regional avian flu outbreak led to a contraction of Thailand's agricultural sector during 2004, and the tsunami disaster of December 26, 2004, devastated the west coast fisheries industry. Mining Thailand's major minerals include fluorite, gypsum, lead, lignite, natural gas, rubber, tantalum, tin and tungsten. The tin mining industry has declined sharply since 1985, and so Thailand has become a net importer of tin. As of 2008, the main mineral export was gypsum. Thailand is the world's second largest exporter of gypsum after Canada, even though government policy limits gypsum exports to prevent price cuts. In 2003 Thailand produced more than 40 types of minerals with an annual value of about US$740 million. However, more than 80 percent of these minerals were consumed domestically. In September 2003, in order to encourage foreign investment in the mining industry, the government relaxed severe restrictions on mining by foreign companies and reduced mineral royalties payable to the state. Industry and Manufacturing
The most important subsector of industry is manufacturing. Thailand is becoming a center of automobile manufacturing for the Association of Southeast Asian Nations (ASEAN) market. By 2004 automobile production had reached 930,000 units, more than twice as much as in 2001. Two automakers active in Thailand are Toyota and Ford. The expansion of the automotive industry has led to a boom in domestic steel production. Thailand's electronics industry faces competition from Malaysia and Singapore, while its textile industry faces competition from China and Vietnam. Thailand is also involved in light manufacturing such as jewelry and electric appliances, computers and parts, integrated circuits, furniture, plastics, automobiles and automotive parts. Services The services sector ranges from tourism to banking and finance. It contributed a great part of the country’s GDP and employed 37% of the total workforce. Tourism The tourism industry in Thailand truly took off when US soldiers started to arrive in the 1960s for Rest and Recuperation (R&R) during the Vietnam War period. It has been receiving increased competition ever since Laos, Cambodia and Vietnam opened up to international tourism in the 1980s and 90s. Tourism makes a larger contribution to Thailand's economy than that of any other Asian nation. . Most tourists come to Thailand for various reasons -- mostly for the beaches and relaxation, although with the recent insurgency in the South, Bangkok has seen a large increase in tourism over the past 4 years. Also, a sharp increase in American tourists has contributed largely to Thailand's economy even though the Baht is gaining strength to the dollar. In 2004 some 11 million tourists visited Thailand. However,
terrorism in southern Thailand and in Indonesia and natural disasters, most notably the December 2004 tsunami, has taken their toll on tourism. One of the negative side effects of Thailand's tourism industry is a burgeoning sex tourism industry and a related threat from human immunodeficiency (HIV/AIDS). Thailand is actively targeting niche markets such as golf holidays, or holidays combined with medical treatment. The present monetary crisis, the 2008–2009 Thai political crisis and the 2009 flu pandemic have had a very negative impact on foreign tourism to Thailand. Thai government proposed a support package to combat the tourism crisis, amounting to 5 billion Thai baht spread over a 5 year period. This Thai strategy aims on giving visitors a worry-free vacation while enjoying all the value and charm of Thailand. Their current Tourism tag line is the AMAZING THAILAND, AMAZING VALUE. Banking and Finance The banking industry in Thailand forms an essential segment of the nation's financial services industry. The industry started when agents of HSBC went to Thailand making them the first foreign bank to establish a name in the country. Then this was followed by other foreign banks. Due to this, the Thai government implemented the Thai Protective Policy that limits foreign banks from having several branches in the country, thus making local banks the dominant players in the industry. The industry faced a downturn when the Asian financial crisis in 19971998 was triggered by dangerous levels of nonperforming assets in Thai banks. The Thai government is attempting to strengthen the financial sector through the consolidation of commercial, state-owned, and foreign-owned institutions. The government provides tax breaks to financial institutions that engage in mergers and acquisitions, and this reform was deemed successful having several mergers and acquisitions following the announcement of the reform. virus/acquired immune deficiency syndrome
EXPORTS OF THAILAND $178.4 billion f.o.b. (2008 est.) country comparison to the world: 26th Exports - commodities: textiles and footwear, fishery products, rice, rubber, jewelry,
automobiles, computers and electrical appliances Export Partners: US 12.6%, Japan 11.9%, China 9.7%, Singapore 6.3%, Hong Kong 5.7%, Malaysia 5.1% Japan is almost near to becoming Thailand's largest export destination, giving credits to tariff cuts under the Japan-Thailand Economic Partnership Agreement (JTEPA). Recovery from the financial crisis depended heavily on increased exports to the rest of Asia and the United States. Thailand has joined the ranks of the world's top ten automobile exporting nations. Thailand's implementation of more outward-oriented policies, which include placing export and domestic sectors on a more equal footing, have created a more open economy and have increased the exposure of Thailand's industry to international competition. IMPORTS OF THAILAND $ 179 billion f.o.b. (2008 est.) country comparison to the world: 25th Imports - Commodities: capital goods, intermediate goods and raw materials, consumer goods, fuels, oil
Imports – Partners: Japan 20.3%, China 11.6%, US 6.8%, Malaysia 6.2%, UAE 4.9%, Singapore 4.5%, Taiwan 4.1% (2007) TRADE AGREEMENTS AND ORGANIZATIONS Japan-Thailand Economic Partnership Agreement (JTEPA) member of the World Trade Organization (WTO) and the Cairns Group of agricultural exporters Part of the ASEAN Free Trade Area (AFTA) It has actively pursued free trade agreements, a ChinaThailand Free Trade Agreement (FTA) commenced in October 2003. This agreement was limited to agricultural products, with a more comprehensive FTA to be agreed upon by 2010 Thailand also has a limited Free Trade Agreement with India, which commenced in 2003; and a comprehensive AustraliaThailand Free Trade Agreement which started 1 January 2005. Thailand started free trade negotiations with Japan in February 2004, and an in-principle agreement was agreed in September 2005. Negotiations for a US-Thailand Free Trade Agreement are underway, with the fifth round of meetings held in November 2005 MAJOR ACCOMPLISHMENTS OF THAILAND Exports -No. 1 exporter of rice in southeast asia Education - New legislation allowing all children in Thailand regardless of ethnicity or citizenship status to attend regular schools Only nation in SEA that was not colonized
One of the top manufacturers of automobile PRESENT CONCERNS/PROBLEMS –Economic Economic recession Unemployment in January 2009 soared by 880,000 compared to December Abhisit responded to the crisis with borrowing and increasing the budget deficit, handouts, and general budget cuts. In order to finance his stimulus program, Abhisit successfully rescinded a law that banned it from borrowing more than 20% percent of its spending Abhisit on poverty - approved the one-time issuance of 2,000 Baht (approximately 75 USD) checks to people making less than 15,000 Baht (approximately $500) a month. From 2004 to 2006, Thailand’s poverty headcount fell by almost 2 percentage points (over 1 million people) with most of the reduction occurring in rural areas. This trend is expected to have continued in 2007 and early 2008. But there is evidence that the urban poor, as well as the rural poor engaged in fishing and other non-farm activities have been adversely affected by the higher food prices
PRESENT CONCERNS/PROBLEMS –Political South Thailand insurgency It has produced several human rights issues on both sides (government and insurgents) Poverty and economic problems have also been cited as a
factor behind the insurgency Muslims in the border provinces have lower levels of educational neighbours they also had reduced employment opportunities Escalation of Violence On 22 November 2006, Wan Kadir Che Wan, leader of Bersatu, an umbrella organization for southern separatist groups, told Al Jazeera television that the Al-Qaeda-linked Jemaah Islamiyah (JI) terrorist network was helping local insurgents stage attacks in Thailand PRESENT CONCERNS/PROBLEMS –Environmental Deforestation Efforts to convert forested land for agriculture, such as slashand-burn agriculture, have greatly reduced forest cover in Thailand in the past. Overfishing Excessive fishing has reduced fish catches by as much as 90%. For small-scale fisher folk, decreasing catches are leading to conflicts with commercial operators. Pollution Thailand’s industrial expansion and population growth have caused increased pollution levels. A decrease in air quality is also causing major health impacts. As a result of growing untreated domestic and industrial wastewater and solid hazardous wastes, approximately one third of Thailand’s surface water bodies are considered to be attainment compared to their Buddhist
environment. Red tides, caused by excessive algal growth and a result of pollution, oil spills, and invasive species are some of the factors that are affecting Thailand's marine biodiversity.
OPPORTUNITIES OF THAILAND Tourism is recognized as one of the fastest growing industries in the world. Tourism activities entail economic, social and environmental benefits as well as adverse impacts Thailand is heavily engaged in promoting tourism along the Asian Highway Network. Therefore, a plan of action for sustainable tourism needs to be integrated and implemented in the country Promoting the use of ethanol as a substitute of oil petroleum to prevent further higher consumption of oil than production Promotion of medical tourism Taking advantage of opportunities in automobile export (tying up with multi-national automobile companies) Developing agriculture to increase export on major crops INTERNATIONAL CONFLICTS separatist violence in Thailand's predominantly Muslim southern provinces prompt border closures and controls with Malaysia to stem terrorist activities;
talks continue on completion of demarcation with Laos but disputes remain over several islands in the Mekong River Cambodia and Thailand dispute sections of historic boundary with missing boundary markers; In 2004, international environmentalist pressure prompted China to halt construction of 13 dams on the Salween River that flows through China, Burma, and Thailand THREATS TO THE FUTURE Agriculture Major source of agricultural growth is the expansion of cultivated land at the expense of forest area Due to climate change, water shortages could be experienced— would yield negative impact on agriculture This may adversely affect the production of crops for exports Political Instability Sustained South Thailand Insurgency Growing Sex Tourism EVENTS – GLOBAL IMPACT The Asian financial crash and economic crisis originated in Thailand in the summer of 1997 Global Recession Tsunami in 2004 Avian Flu Outbreak
SWOT ANALYSIS STRENGTHS -1ST –Exporter of rice -Growing industry of Tourism -Growing export industry of automobiles -leading exporter of mining minerals WEAKNESSES - Political Instability - Insurgency -Greater Oil Consumption than Oil Production - Negative Balance of Trade (higher imports than exports) -High rate of corruption (CI-3.6 ranked 84th –world; 14th – SEA) OPPORTUNITES -Use of ethanol as a substitute for petroleum -Increase Exports by developing agriculture, auto and other export industries -Sustainable Tourism -Medical Tourism THREATS -sustained South Thai Insurgency -future political crackdown
-climate change -growing sex tourism
MULTINATIONAL COMPANIES AUTO ALLIANCE THAILAND AutoAlliance (Thailand) Co., Ltd. was established in November 1995 as a joint venture company between Ford Motor Company and Mazda Motor Corporation, to produce pickup trucks for both local and overseas markers. Ford, which own 50% of the company's shares, is the major share holder while Mazda, with 45%, hold a slightly smaller stake. The remaining 5% stake is of Mazda Sales (Thailand) Co., Ltd.
AAT invested over US$ 500 million on building the first state-of-the art integrated vehicle automobile manufacturing plant in Thailand, which comprises stamping, body construction, paint, engine, trim & final assemble, and KD packing sectors. The company located on an area of 529 rai in the Eastern Seaboard Industrial Estate, Rayong
Province, is granted promotional privileges by the Board of Investment (BOI). AAT is a global success story for Ford and Mazda worldwide; they are recognized as a "Center of Excellence for Quality" exporting to more than 130 countries. As a Ford and Mazda joint venture, AAT helps set the standards of automobile manufacturing in Thailand. Back in year 1995, Ford and Mazda were attracted to Thailand's potential as an automotive hub, and their decision to jointly establish AAT made Thailand an important manufacturing base for both their local and foreign markets. The AutoAlliance facility currently produces three major models – the Ford New Ranger, Mazda BT 50 and Ford Everest.
WEGO TRADING CO., LTD. Established by a group of companies involved in selling cars for more than 30 years, WEGO TRADING CO., LTD., is an exporter in Sub Utility Vehicles and Pick-up Trucks. With export clients from different parts of the world, the company ensures quality and service to the best. .
They supply accessories and spare parts for the vehicles concerned. Toyota, Ford, Isuzu, Mitsubishi, Nissan, Mazda and
DUTCH MILL CO., LTD.
Dutch Mill Co., Ltd. is one of Thailand's largest manufacturers and marketers of dairy products. The company has such products as UHT yoghurt drink, UHT fresh milk and ice lolly. The company was established in 1984 under the name of Profood Co., Ltd. and was renamed Dutch Mill Co., Ltd. in 1991. Dutch Mill employs a total of 1,300 employees including 11 engineers and 10 quality assurance staff. Its market is in East and Southeast Asia including the Philippines They are currently in partnership with Monde Nissin Corporation in the distribution of Dutch Mill products in the Philippines
This action might not be possible to undo. Are you sure you want to continue?
We've moved you to where you read on your other device.
Get the full title to continue listening from where you left off, or restart the preview.