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Interview

Arkhom Termpittayapaisith, Minister of Transport: Interview
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Interview:Arkhom Termpittayapaisith What competitive advantages does the country have with regard to becoming a major multi-modal transportation hub? ARKHOM TERMPITTAYAPAISITH: Thailand’s main competitive edge is its geographic location for land transport, especially within the ASEAN region. Every nation wants to strengthen its continental linkages, and the only way to do so is through land…
Interview

Pierre Jaffre, President, Airbus Asia Pacific: Interview
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Interview:Pierre Jaffre, President, Airbus Asia Pacific What advantages does Thailand hold in the maintenance, repair and overhaul (MRO) industry? PIERRE JAFFRE: Thailand is already playing a major role in Asia’s commercial aviation revolution. Bangkok is one of the world’s largest aeronautical hubs, with more than 90m passengers transiting through its airport every year. Thailand’s geographic…
Interview

Teeranun Srihong, Chairman of the Board of Commissioners: Interview
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Interview:Teeranun Srihong, Chairman of the Board of Commissioners How are the Digital Economy Master Plan and the development of the Eastern Economic Corridor (EEC) helping to modernise Thailand’s economy? TEERANUN SRIHONG: The EEC is one aspect of the Thailand 4.0 strategy, whereas the Digital Economy Master Plan addresses the country as a whole. The government has put the infrastructure…
Interview

Dillip Rajakarier, CEO, Minor Hotels; and COO, Minor International: Interview
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Interview: Dillip Rajakarier, CEO, Minor Hotels; and COO, Minor International To what extent can Thailand further improve its soft infrastructure, especially in terms of labour, to attract a greater share of the affluent market? DILLIP RAJAKARIER: The main priority is to improve the education system, particularly English language proficiency. It is important to establish schools to cater to the tourism…
Interview

Ariya Banomyong, Managing Director, LINE Thailand: Interview
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Interview:Ariya Banomyong, Managing Director, LINE Thailand How do you perceive the development of integrated on-demand services, and what has influenced this change in market strategy? ARIYA BANOMYONG: The world is entering an era in which internet space is dominated by two or three companies, and power is given to tech companies simply because these businesses have become gateways. Brands…
Interview

Weerasak Kowsurat, Minister of Tourism and Sports: Interview
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Interview:Weerasak Kowsurat, Minister of Tourism and Sports How do you assess the promotion of Thailand as a preferred tourism destination? WEERASAK KOWSURAT: Thailand enjoyed 35m international arrivals in 2017, an increase of 4%, and anticipates 36m in 2018. This generated €51bn in tourism revenue from international visitors, up 8% from 2016. As generating further growth is considered less…
Interview

Christian Wiedmann, President, BMW Group Thailand: Interview
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Interview:Christian Wiedmann, President, BMW Group Thailand What is your medium-term outlook for domestic electric vehicle (EV) demand? CHRISTIAN WIEDMANN: Similar to other countries, EV development in Thailand will depend on government initiatives in three areas: manufacturing support, consumption and infrastructure. First, the government has put forward proposals for manufacturers to apply…
Interview

Kobchai Sungsitthisawad, Director-General, Department of Industrial Promotion: Interview
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Interview:Kobchai Sungsitthisawad, Director-General, Department of Industrial Promotion How can Thailand establish a competitive environment for the development of S-Curve industries? KOBCHAI SUNGSITTHISAWAD: Knowing that the industrial sector contributes to 40% of our GDP, the government established the Thailand 4.0 policy to move into a higher-value market, with the Ministry of Industry leading…
Interview

Supaluck Umpujh, Chairwoman, The Mall Group: Interview
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Interview:Supaluck Umpujh, Chairwoman, The Mall Group What is the sector doing to embrace technology and innovation under Thailand 4.0? SUPALUCK UMPUJH: The entire world, not only Thailand, recognises the importance of the new wave of technological change. In recent years, our government has tried to anticipate and stimulate the impact of digital technology on the economy. Nowadays, it is mobile…
Interview

Andrew Jackomos and Paul Ashburn, Co-Managing Partners, BDO in Thailand: Interview
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Interview:Andrew Jackomos and Paul Ashburn How does Thailand’s corporate tax policy compare to other ASEAN countries? ANDREW JACKOMOS: The blueprint for the ASEAN Economic Community does not contain action points to harmonise tax policies. Therefore, member nations may use tax policies to compete for investment and trade within the bloc. A good example of this is the downward trend in corporate…