thailand - thaipublica

Thailand

Nadia Novik

Analyst

Doing Business, DECIG

November 1, 2017

I. Findings of Doing Business 2018

II. Doing Business in East Asia and Pacific

III. Doing Business in Thailand

Who improved the most across 3 or more areas measured by Doing

Business in 2016/17?

Source: Doing Business database.

Note: Economies are selected on the basis of the number of reforms and ranked on how much their distance to frontier (DTF) score improved. First,

Doing Business selects the economies that implemented reforms making it easier to do business in three or more of the 10 areas included in this year’s

aggregate distance to frontier score. Regulatory changes making it more difficult to do business are subtracted from the number of those making it

easier. Second, Doing Business ranks these economies on the increase in their distance to frontier score from the previous year. The improvement in

their score is calculated not by using the data published in 2017 but by using comparable data that capture data revisions and methodology changes.

The choice of the most improved economies is determined by the largest improvements in the distance to frontier score among those with at least three

reforms.

2

Worldwide, 119 economies implemented 264 reforms in 2016/17

✓ 78% of regulatory reforms in 2016/17 were implemented by developing countries.

✓ While in 2004/05 only 38% of the economies in Sub-Saharan Africa implemented business regulatory

reforms, in 2016/17 75% of the economies did so.

✓ Doing Business has recorded 3,188 regulatory reforms making it easier to do business since 2004.


OECD high-

income

Europe &

Central Asia

South

AsiaEast Asia

& Pacific

Sub-Saharan

Africa

Latin America &

Caribbean

Middle East &

North Africa

79 %

1.8

75%

1.7

65%

1.5

50%

0.8

56%

1.875%

2.5

45%

0.5

%Share of economies

that reformed in a

region

Average number of

reforms per economy

in a region

Total number of

reforms per region

17

2683

2045

29

44

3

Economies have improved regulatory processes the most in the

area of starting a business

0

5

10

15

20

25

Sta

rtin

g a

bu

sin

ess

Gett

ing

cre

dit

Tra

din

g a

cro

ss b

ord

ers

Payin

g taxes

Re

gis

tering p

rope

rty

De

alin

g w

ith

constr

uction p

erm

its

Re

so

lvin

g insolv

en

cy

Gett

ing

ele

ctr

icity

Pro

tecting m

inority

investo

rs

Enfo

rcin

g c

on

tra

cts

Average year-on-year improvement

in distance to frontier score


Note: The measure is normalized to range from 0 to 100, with 100 representing the frontier. Because of changes over the years in methodology and

in the economies and indicators included, the improvements are measured year on year using pairs of consecutive years with comparable data.

4

Average global improvement since 2003/04: 13.2

DB 2018

DB 2017-2014

DB 2013-2010

DB 2009-2005

How do economies in East Asia & Pacific perform on the ease of

doing business in 2016/2017?

Source: Doing Business 2018.6

Rank Economy DTF score

2 Singapore 84.57

5 Hong Kong SAR, China 83.44

15 Taiwan, China 80.07

24 Malaysia 78.43

26 Thailand 77.44

56 Brunei Darussalam 70.60

62 Mongolia 69.03

68 Vietnam 67.93

72 Indonesia 66.47

78 China 65.29

87 Samoa 63.89

89 Tonga 63.43

90 Vanuatu 63.08

One of the top 10 improvers

Rank Economy DTF score

101 Fiji 60.74

109 Papua New Guinea 59.04

113 Philippines 58.74

116 Solomon Islands 58.13

130 Palau 55.58

135 Cambodia 54.47

141 Lao PDR 53.01

149 Marshall Islands 51.45

155 Micronesia, Fed. Sts. 48.99

157 Kiribati 48.74

171 Myanmar 44.21

178 Timor-Leste 40.62

East Asia and the Pacific has made improvements in business

regulation over time

0

5

10

15

20

25

30

35

40

45

Average year-on-year improvement

in distance to frontier score

7


Note: The measure is normalized to range from 0 to 100, with 100 representing the frontier. Because of changes over the years in methodology and

in the economies and indicators included, the improvements are measured year on year using pairs of consecutive years with comparable data.

DB 2018

DB 2017-2014

DB 2013-2010

DB 2009-2005

8

Who in East Asia & Pacific reformed in areas measured by Doing

Business in 2016/17?

8

7

6

5

4

4

4

4

4

2

1

Getting credit

Paying taxes

Trading across borders

Registering property

Enforcing contracts

Getting electricity

Labor market regulations

Protecting minority investors

Starting a business

Resolving insolvency

Dealing with construction permitsBrunei

Darussalam

Brunei Darussalam, Indonesia, Malaysia, Mongolia,

Myanmar, Samoa, Thailand, Vietnam

Brunei Darussalam, China, Indonesia,

Palau, Philippines, Thailand, Vietnam

Brunei Darussalam, Indonesia, Malaysia,

Singapore, Taiwan, China, Vietnam

Brunei Darussalam, Indonesia,

Malaysia, Thailand

Brunei Darussalam, China,

Indonesia, Thailand

Kiribati, Mongolia,

Singapore, Taiwan, China

Brunei Darussalam, Taiwan, China,

Thailand, Vietnam

Indonesia, Philippines,

Thailand, Vietnam

Singapore,

Thailand

Brunei Darussalam, Hong Kong SAR, China,

Indonesia, Myanmar, Thailand

10

0 20 40 60 80 100

Enforcing contracts

Registering property

Getting credit

Protecting minority investors

Dealing with construction permits

Resolving insolvency

Paying taxes

Trading across borders

Getting electricity

Starting a business

DTF score

Results on individual indicators

Doing Business in Thailand – score

0

10

20

30

40

50

60

70

80

90

100

Thailand scored

77.44 points in

DTF in Doing

Business 2018,

giving it a ranking

of 26 overall.

Source: Doing Business 2018

Starting a business (36)

Dealing with construction permits (43)

Getting electricity (13)

Registering property (68)

Getting credit (42)

Protecting minority investors (16)

Paying taxes (67)

Trading across borders (57)

Enforcing contracts (34)

Resolving insolvency (26)

Doing Business in Thailand– ranking

11

Rankings on Doing Business topics – Thailand(Scale: Rank 190 center, Rank 1 outer edge)


Where did Thailand reform to improve its business

environment in 2016/17?

Thailand reformed 8 areas measured by Doing Business in 2016/17

12

+5.7

0

10

20

30

40

50

60

70

80

90

100

Dis

tance t

o f

rontier

score

(0

-100)

2017

2016

DB2018 rank: 26

Measure 2015/16 2016/17How did Thailand

do it?

Starting a

businessTime 27.5 days 4.5 days

Simplified post-

registration procedures

Getting

electricity

Reliability of supply and

transparency of tariff index

6 out of 8

points

7 out of 8

pointsIncreased Transparency

Registering

property

Quality of land

administration index

16 out of 30

points

18 out of 30

points

Improved reliability of land

administration system

Getting creditStrength of legal rights

index

3 out of 12

points

7 out of 12

points

Improved regulatory

framework

Protecting

minority

investors

Extent of shareholders

governance index

5 out of 10

points

6.3 out of 10

points

Improved regulatory

framework

Paying taxesTime to comply with a

corporate income tax audit28 hours 10.5 hours

Introduced a risk-based

auditing system

Enforcing

contracts

Quality of judicial

processes index

7.5 out of 18

points

8.5 out of 18

points

Introduced electronic

system

Resolving

insolvency

Strength of insolvency

framework index

12 out of 16

points

12.5 out of 16

points

Improved regulatory

framework


Thailand made starting a business easier

13

0

5

10

15

20

25

30

Time (days) Procedures

DB2017 DB2018

Was has changed?

No longer required to obtain

corporate seal

(-2 days; -1 procedure)

No longer required to approve

company’s work regulations with the

Labor Department; now they are

checked during inspections

(-21 days)

Source: Doing Business 2018.

-23

days

-1

procedure

Doing Business

www.doingbusiness.org

THANK YOU!

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