Thailand drops to 27th position in 'ease of doing business' ranking

By The Nation

 

 

The World Bank said on Thursday that Thailand’s ranking in doing business drops to 27th from 26th place last year.

 

Thailand’s Ease of Doing Business (EODB) score, an absolute measure of the country's progress toward global best practice, reached 78.45 this year, up from 77.39 last year.

 

Thailand remains among the top 30 of the 190 economies in the EODB ranking, according to the World Bank Group's Doing Business 2019: Training for Reform report.

 

Source: http://www.nationmultimedia.com/detail/breakingnews/30357651

 

-- © Copyright The Nation 2018-11-01

Number 27 seems a reasonable ranking for Doing Business in Thailand. Unlike # 39 for starting a business or # 67 for dealing with construction permits or # 66 for registering property. The last two are probably due to the envelope factor.

#27 in the ease of doing business index huh...only if you are Thai.

9 minutes ago, Sir Dude said:

#27 in the ease of doing business index huh...only if you are Thai.

or a chinese....

All this "survey" does is create jobs for "the boys" no meaning or use in the real world! ????

Wonder if they are hiring? ????

Doing business and using Thailand as a hub is a definite no-no. Too much bureaucracy, red-tape and xenophobia. I took my businesses to HK & Singapore ages ago, and having no problems functioning as a normal entity, where they do take you seriously and treat you as equal.

1 hour ago, the guest said:

Doing business and using Thailand as a hub is a definite no-no. Too much bureaucracy, red-tape and xenophobia. I took my businesses to HK & Singapore ages ago, and having no problems functioning as a normal entity, where they do take you seriously and treat you as equal.

I can see you being prosecuted under the computer crimes act - for posting fake news. Just the sort of thing the PM won't tolerate - if he can suppress it.

Edited November 1, 20187 yr by bluesofa

They should've just held a joint press conference with the taxi peeing incident to save cost.

 

 

 

 

 

 

Edited November 1, 20187 yr by Darcula

That ranking doesn't really reflect the reality when you want to bring in foreign experts to a small company. The weights are set to match non-SME business.

5 hours ago, webfact said:

Thailand drops to 27th position in 'ease of doing business'

...unless you are a cop or have a military rank

If you do business outside of the country, it is far far easier.  Doing business with, not dong business in.  In any regard, 27 strikes me as far too generous.

I guess if you dropped due to Somalia leaping you , you would have issues 

6 hours ago, Sir Dude said:

#27 in the ease of doing business index huh...only if you are Thai.

Actually the World Bank Ease of DOing Business Index does not look at foreign investor businesses, only local businesses and usually only limited liability companies.