Internationalisation (Asia) Series: New Ventures in Thailand
About This Course
Thailand is centrally located in Indochina (encompassing the CLMV countries of Cambodia, Laos, Myanmar and Vietnam) and is the second largest economy in Southeast Asia, making it an exciting destination for many businesses looking to expand. Doing Business 2020 rankings by the World Bank saw Thailand climb 6 spots from 27th to 21st. Although Thailand saw a sharp contraction in GDP in 2020 due to the COVID-19 pandemic, the World Bank expects the GDP growth at an estimated 4.1% in 2021.
Thailand has adopted an economic model called Thailand 4.0, which is focused on transforming Thailand into a value-based economy built upon science, technology, innovation, and creativity. Understanding the local business environment and partners are critical success factors in business expansion for Singaporean businesses.
What You'll Learn
- Understand the culture of modern Thailand and foreign investment incentives
- Learn practical market intelligence and be exposed to expansion opportunities and strategies
- Gain an understanding of the business environment including commercial laws, accounting and tax, and financial services
- Benefit from business networking sessions
- Design a business strategy for implementation
- Build an understanding of the country and how to recognise business opportunities
- Explore potential for cross-collaboration with other SMEs owners
Entry Requirements
N.A.