Google

ASEANAFFAIRS
Sign up | Log in

    ASEAN PROFILES

  ASEAN KEY DESTINATIONS

Home  >>   Daily News  >>   Thailand News  >>   Economy  >>   Thailand drops 2 places in competitiveness
NEWS UPDATES Asean Affairs                 8  September 2011

Thailand drops 2 places in competitiveness

Related Stories

September 2, 2011
Thai inflation accelerates

August 27, 2011
 Revised Thai fiscal budget in January

August 25, 2011
Thai central bank raises interest rate

August 24, 2011
Thai inflation poses risks

August 23,2011
Thailand could raise prime rate again

 
In the recently released 2010-2011Global Competitveness Report Thailand slipped two places to 38 on the international scale compiled by the World Economic Report. In the previous year it had ranked 36.

The report said: “Thailand, at 38th position, has fallen 2 places this year and 10 ranks since 2006. The assessment of public institutions continues to deteriorate (70th) after a drop of 30 places over the past four years, likely related to recent problems of social unrest and political instability in the country.

However, Thailand continues to benefit from its relatively large domestic and export markets (23rd), its excellent transport infrastructure (23rd), the efficiency of its labor market (24th), and a relatively well functioning goods market (ranked 41st).

In addition, the country’s business environment is relatively sophisticated with developed clusters (34th) and companies operating across the value chain. Going forward, in addition to urgently improving its institutional framework, the country needs to step up its efforts to improve its health and educational systems and encourage wider adoption of new technologies for productivity enhancements.

Such efforts will then buttress the country’s innovation potential, which will become increasingly important as it moves toward the most advanced stage of economic development.”

In Asean, Singapore remained the only economy in the top tier, tier 3. In stage 2 were: Malaysia (21), Brunei (28) and Thailand (38); in transition to tier 2 is Indonesia: in tier 1 were Cambodia Vietnam and Philippines. Laos and Myanmar are not included in the ratings due to the closed nature of their economies.



Share 

 


Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
  Online Ad Rates
Contact: marketing@aseanaffairs.com

Comment on this Article. Send them to  your.views@aseanaffairs.com

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
 
or
submit your comment in the box below
Name

Name


Email

Email



1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code



 
Today's  Stories    8  September  2011 Subsribe Now !
• Indonesia drops on competitiveness scale Subcribe: Asean Affairs Global Magazine
• Indonesia loses RIM data center to Malaysia Asean Affairs Premium
• Malaysia jumps 5 places in competitiveness
Research Reports
on Thailand 2007-2008

•Textiles and Garments Industry

•Coffee industry

•Leather and footwear industry

•Shrimp industry

 
• Air quality in Malaysia declines
• US diplomat to Myanmar
• Thailand drops 2 places in competitiveness
• PTT expands LNG operations
• Vietnam faces power outages pp

Asean Analysis           September  2011

Advertise Your Brand
• Singapore faces challenges of other economies Sponsor Our Events

Asean Stock Watch   8  September  2011

 
• Asean Stock Watch-September 8 p

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent

• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore
• Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline
• Vietnamese PM projects 10-year socioeconomic plan

ASEAN  ANALYSIS

This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More

 

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy | DISCLAIMER |

Version 5.0
Copyright © 2007-2015 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand
asean@aseanaffairs.com