Professional Documents
Culture Documents
Thailand
http://upload.wikimedia.org/wikipedia/commons/4/47/Thailand_map-icon.png http://chicagointernationaltrade.com/images/43flag.png
Country Overview
Thailand Facts
Education
Health Constitutional monarchy Trading partners
http://www.thailandtravelsite.com/Thailand-Map.php
Business Tips
Tardiness
Underrepresentation of women
http://travel.ogate.com/travel-center/travel-guides/thailand-wondrous-kingdom-featuringbuddhist-temples-exotic-wildlife-spectacular-islands
Relationships
Good relationships are part of the negotiation process Social activities=YES! Building familiarity
Indirect communication
http://scottsdale-arizona-mortgage.com/finding-a-mortgage-broker
Business Practices
Long decision making process Proper greeting methods - Sign of respect the higher the hands
http://www.varming.dk/pictures/Business%20cards/Thailand/slides/ JJV%20Transport%20Limited%20Partnership%20-%20Pattaya.html
http://www.hsd3.org/HighSchool/Teachers/MATTIXS/Mattix%20homepage/studentwork/Pimf han%20Web%20pages/Accets/compassion-sponsor-a-child_wai-greeting-1.jpg
Etiquette
DO Wear Business Attire Take Shoes Off Establish a Relationship Before Business DONT Plan meetings at the beginning or end of the day Touch Dont rush negotiations
http://www.businessnewsshanghai.com/china/culture-and-business-etiquette-in-china/
Contracted 10.7 % in the 4th quarter of 2011 over the previous quarter. Average 1993-2011 quarterly growth is 0.98% historical high 7.10%in September of 1993
Background on GDP
Advantages
Other Advantages
http://travelsinparadise.com/travelpictures/thailand.html
Culture
http://geert-hofstede.com/thailand.html
http://www.siamhealthandbeauty.com/images/Yinglak-Chin-03.jpg
http://asiapacific.anu.edu.au/newmandala/wp-content/uploads/2011/05/Abhisit-v-Thaksin.jpg
Three categories
Illicit Trade
http://news.bbc.co.uk/2/hi/uk_news/1857625.stm
Other Risks
Business Partners
Culture
http://yaymicro.com/stock-image/monsoon-season-in-thailand/1273150
Questions?
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Works Cited
AMB, Thailand. N.p., 2011. Web. 19 Apr 2012. Antipolis, Sophia. "Thailand Country Risk Analysis LVMH." Global Finance. European School of Business, 19 April 2007. Web. 29 Apr
2012.
Benefits of Doing Business in Thailand. Communicaid Blog. Communicaid Group Ltd., 18 Jun. 2010. Web. 19 Apr. 2012. <http://blog.communicaid.com/cross-cultural-training/benefits-of-doing-business-in-thailand/> Business in Thailand: Invest or Not?." Bangkok Picture. N.p., 2005. Web. 19 Apr 2012. <http://www.bangkokpicture.com/expats/business.php>. Hofstede, G.. "Geert Hofstede." National culture. ITIM, n.d. Web. 19 Apr 2012. <http://geert-hofstede.com/thailand.html>.
Pundit, Bangkok. "Thailand: Political Risk." Asia News. Asiancorrespondent.com, 24 Aug 2009. Web. 19 Apr 2012.
Thailand." Cia -the world factbook. Central Intelligence Agency, 2012. Web. 19 Apr 2012. The foreign business act." Asia Law. Thailand Lawyers, Attorneys & Legal Services, 2012. Web. 19 Apr 2012. <http://asialaw.tripod.com/articles/forbusiness.htm>. Thomas, Alita. Why Thailand?. Business-in-Asia.com. Web. 19 Apr. 2012. Ease of Doing Business in Thailand. The Bank. 2012. Web. 19 Apr, 2012. Walker, Andrew. "Abhisit versus Thaksin." New Mandala. New Mandala, 18 May, 2011. Web. 19 Apr 2012. "What Countries In The World Speak English 2012." ExsploreDia.8 Sep. 2011. Web. 1 May 2012 <http://exploredia.com/whatcountries-in-the-world-speak-english-2012/> World