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BUSINESS

Thailand steps up reforms to make doing business easier

Business, Ulrich Zachau, Published on 26/04/2017

» A Thai business owner in Chiang Mai might open a small resort serving local people as well as tourists. It would probably take him about two months to set up his business after finding the location, staff and getting the company registered. He would find it reasonably easy to start his business.

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BUSINESS

Services as a New Driver of Growth for Thailand

Business, Ulrich Zachau, Published on 28/12/2016

» There's a good chance you work in the service sector. Services account for 17 million jobs in Thailand, or about 40% of the labour force. The sector encompasses diverse industries such as tourism, retail, health, communications, transport and many sought-after professions such as architects, engineers, lawyers and doctors. Many Thai parents aspire for their children to join the service sector, and the sector carries many of Thailand's economic hopes and ambitions.

OPINION

Technology can plug the gaps in poverty, inequality

News, Ulrich Zachau, Published on 09/03/2016

» The world is witnessing the greatest information and communications revolution in human history. Digital technologies provide access to huge amounts of information at all times, allow us to stay in touch with friends and relatives much more easily, and offer new opportunities for business and leisure. The sky is the limit!

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OPINION

Ageing population poses development challenges

News, Ulrich Zachau, Published on 14/01/2016

» Asian societies are ageing, and Thailand is ageing rapidly. Already over 10% of the Thai population, or more than 7 million people, are 65 years old or older. By 2040, a projected 17 million Thais above 65 years of age will account for more than a quarter of the population. Together with China, Thailand already has the highest share of elderly people of any developing country in East Asia and the Pacific, and it is expected to have the highest elderly share by 2040. A recent World Bank report, "Live Long and Prosper: Ageing in East Asia and Pacific", discusses ageing in Asia and how countries can address the resulting challenges, and take advantage of emerging opportunities.