Post by account_disabled on Jan 2, 2024 6:07:37 GMT
The World Bank ranks Thailand as doing business 6 places better. BA01EBD6C6E4486BBE20184C51AD7406 In the ranking of ease of doing business (Doing Business 2020), Thailand ranked 21st, an improvement of 6 places from 27th place last year. Mr. Uttama Savanayana, Minister of Finance, revealed that the World Bank has published rankings of the ease of doing business for the year 2020 (Doing Business 2020) of 190 countries. The results show that Thailand has been ranked Ranking 21 is an improvement of 6 places from 27th last year. Thailand received a score of 80.10 points, an increase of 1.65 points from last year. This is Thailand's best ranking in 6 years and has a score that has risen close to. Singapore which ranked 2nd (86.20 points) and Malaysia which ranked 12th 81.50 points.
Thailand's improved ranking this time is a result of the government's efforts in Country Email List implementing various measures. Whether it is an attempt to reduce the approval process or bringing digital systems into government services Including improving various regulations. To be in line with the changing business context to increase competitiveness. Including protecting the interests of investors This report reflects Thailand's success in improving the environment conducive to doing business over the past year. There are 2 areas in which Thailand received better rankings and higher scores: (1) In Dealing with Construction Permits, Thailand's ranking improved from 67th place (71.86 points) last year to 34th place (77.30 points) this year as a result of operations.
Reduce the steps for requesting construction permission (Procedures) from 19 steps to 14 steps and reduce the processing time (Time) from 118 days to 113 days. (2) Protection of Minority Investors, Thailand's ranking improved from 15th place (75.00 points) last year to 3rd place (86.00 points) this year from the score of Protection of shareholders' rights (Ease of Shareholder Suits Index) increased from 8 points to 9 points, with a full score of 10 points. Mr. Uttama said that although the overall ranking has greatly improved this time, Thailand still needs to continue improving the business environment to be more convenient and conducive to competition among entrepreneurs in various fields. continue To ensure that Thailand will be able to compete with competing countries in the long term. And the benefits from reforming the business environment will bring increased investment and more quality employment in the future.
Thailand's improved ranking this time is a result of the government's efforts in Country Email List implementing various measures. Whether it is an attempt to reduce the approval process or bringing digital systems into government services Including improving various regulations. To be in line with the changing business context to increase competitiveness. Including protecting the interests of investors This report reflects Thailand's success in improving the environment conducive to doing business over the past year. There are 2 areas in which Thailand received better rankings and higher scores: (1) In Dealing with Construction Permits, Thailand's ranking improved from 67th place (71.86 points) last year to 34th place (77.30 points) this year as a result of operations.
Reduce the steps for requesting construction permission (Procedures) from 19 steps to 14 steps and reduce the processing time (Time) from 118 days to 113 days. (2) Protection of Minority Investors, Thailand's ranking improved from 15th place (75.00 points) last year to 3rd place (86.00 points) this year from the score of Protection of shareholders' rights (Ease of Shareholder Suits Index) increased from 8 points to 9 points, with a full score of 10 points. Mr. Uttama said that although the overall ranking has greatly improved this time, Thailand still needs to continue improving the business environment to be more convenient and conducive to competition among entrepreneurs in various fields. continue To ensure that Thailand will be able to compete with competing countries in the long term. And the benefits from reforming the business environment will bring increased investment and more quality employment in the future.