BUSINESS

Thailand's excess laws and red tape

News, Deunden Nikomborirak, Published on 13/01/2016

» Only six years ago in 2009, Thailand was ranked 13th in the world (out of 181 countries) for ease of doing business and fourth in Asia behind only Singapore, Hong Kong and Japan. Since then, our ranking has steadily slipped. In the most recent report published last year, our ranking was a dismal 49th, well behind Malaysia (18th), Taiwan (11th) and South Korea (4th).