Anti - Bribery - Anti – Corruption laws of the Country

• The legal framework governing bribery in Thailand is, The Act Supplementing the Constitution Relating to the
Prevention and Suppression of Corruption (2018) known as the PSC Act.

• The PSC Act defines a bribe as a giving of gift or benefit, regardless of the value, to an official to solicit a
benefit in kind (section 128 PSC Act).

• There are two broad categories of bribery under the Thai law:

1) Domestic bribery (private to public)

2) Private bribery (private to private)

Principal offences under this legal framework for concerned party involved in bribery:

1. Offences for an official

2. Offences for an individual

3. Offences for a legal entity

 Law and Order - Human Rights Violations if any , Any other issues
• The Royal Thai Police and the Royal Thai Armed Forces share responsibility for law enforcement and the maintenance of order within the country.
• While more authority has been returned to civilian authorities following the election, they still do not maintain full control over the security forces. Members of the security
forces committed a variety of abuses.
I. Respect for the Integrity of the Person, Including Freedom from:
a. Arbitrary deprivation of life and other unlawful or politically motivated killings
b. Disappearance
c. Torture and other cruel, inhuman, or degrading treatment or punishment
d. Arbitrary arrest or detention including arrest procedures and treatment of detainees
e. Denial of fair public trial
f. Arbitrary or unlawful interference with privacy, family, home, or correspondence
g. Abuses in internal conflict
II. Respect for Civil Liberties, Including:
a. Freedom of expression, including for the press, internet, academic and cultural events
b. Freedoms of peaceful assembly and association
c. Freedom of movement
d. Protection of refugees
e. Stateless persons
III. Freedom to Participate in the Political Process
IV. Corruption and Lack of Transparency in Government
V. Governmental Attitude Regarding International and Nongovernmental Investigation of Alleged Abuses of Human Rights
VI. Discrimination, Societal Abuses, and Trafficking in Persons
VII. Worker Rights
a. Freedom of association and the right to collective bargaining
b. Prohibition of forced or compulsory labor
c. Prohibition of child labor and minimum age for employment
d. Discrimination with respect to employment and occupation
e. Acceptable conditions of work
Foreign Direct Investments attracted by the Country and Overall Business environment
• Thailand has been and continues to be one of the most successful countries in the region for attracting Foreign Direct
Investment (FDI).
• It provides an attractive business climate which has consistently received decades of support for private investment from
successive Thai governments.
• Thailand continues to improve its attractiveness for FDI through many government initiatives which seek to make the country
more accessible to those seeking to expand their presence in Asia.
• Inward FDI has been an important driver of economic growth since 2000.
• Greenfield FDI dominates in manufacturing, while cross-border M&A deals are more prevalent in services.
• Sectors targeted under the Thailand 4.0 concept, such as automobiles, electronics and logistics, receive significant shares of FDI.
• FDI contributes to various aspects of sustainable development, and thus the implementation of the Sustainable Development
Goals (SDGs), in Thailand.
• FDI is prevalent in sectors that are more productive, spend more on R&D, have higher average wages and employ higher shares
of skilled labor.
• FDI is also found to support the greening of the economy in Thailand.
• Thailand's business friendly environment consistently was given as the first and most important factor.
• Ranked as one of the fastest growing countries in Southeast Asia, Thailand has conquered its place as one of its top exporters.
 Failure stories of Lapses - Scams - Scandals in the Country

• 88 Years of Failed Democracy in Thailand

• Tuk tuk driver scams
Trying to find out the purpose of the trip and taking you to overpriced shops, hotels or restaurants.
• The Sombondee Restaurant scam
Offers sub-standard food at hugely inflated prices. The driver gets a kick-back for delivering you there.
• The gem scam
This is a classic Thai scam. Paying thousands of baht for some nice pieces of glass.
• Bird seed or bracelet
A local approaches you and places a bracelet around your wrist as a gift, or hands you a bag of free bird seed and
encourages you to spread it around to feed the birds.
• Fake baht
When you attempt to pay for goods with a banknote, the shopkeeper will claim it is counterfeit.
 Team Recommendations – Overall Integrity status for doing business / avoid business

The overall integrity status for doing business in Thailand is really good and opens opportunities
for all types people to start their businesses in Thailand.
Following are some reasons:
 The Gateway to Asia
 Ease of doing business
 Growing Economy
 FDI Policies
 Government Support and Incentives for Foreign Investors
 Education and Healthcare Services
 Strong Corporate Governance