2014年-世界发展银行全球_Doing_Business_Economy_Profile_2015___Thailand_87页_1mb

Doing Business 2015: Thailand Summary

Core Content

The Doing Business 2015 report provides an in-depth analysis of the business environment in Thailand, focusing on regulatory reforms and their impact on business operations. It measures and compares business regulations across 189 economies, highlighting how easy or difficult it is for entrepreneurs to open and operate small to medium-sized businesses.

Main Topics and Indicators

The report evaluates 10 key areas in the business life cycle:

1. Starting a Business
2. Dealing with Construction Permits
3. Getting Electricity
4. Registering Property
5. Getting Credit
6. Protecting Minority Investors
7. Paying Taxes
8. Trading Across Borders
9. Enforcing Contracts
10. Resolving Insolvency

Additionally, Labor Market Regulation is included as a separate indicator set, though it is not part of the aggregate ranking.

Key Findings

Overall Business Environment

• DB2015 Rank: 26
• DB2014 Rank: 28 (adjusted for methodology and data changes)
• Change in Rank: Improved by 2 positions
• Distance to Frontier (DTF) Score: 75.3 (up from 74.9 in 2014)
• Change in DTF: Increased by 0.4 points

Thailand has made modest improvements in its business environment, but there is still room for further reform.

Business Life Cycle Indicators

Dealing with Construction Permits

• DB2015 Rank: 6
• DB2014 Rank: 11
• DTF Score: 88.77
• Procedures (number): 7.0
• Time (days): 113.0
• Cost (% of warehouse value): 0.1
• Best Performer: Hong Kong SAR, China (1)
• Comparator Economies: Indonesia (17.0), Lao PDR (22.0), Malaysia (13.0), Myanmar (13.0), Philippines (24.0), Timor-Leste (16.0)

Thailand has significantly improved its performance in dealing with construction permits, moving up from rank 11 to 6.

Getting Electricity

• DB2015 Rank: 12
• DTF Score: 91.71
• Procedures (number): 4.0
• Time (days): 35.0
• Cost (% of income per capita): 66.1
• Best Performer: Republic of Korea (1)
• Comparator Economies: Indonesia (5.0), Lao PDR (13.0), Malaysia (13.0), Myanmar (2,801.7), Philippines (90.6), Timor-Leste (654.1)

Thailand’s performance in getting electricity has improved slightly, but it still lags behind top performers like South Korea.

Registering Property

• DB2015 Rank: 28
• DTF Score: 83.04
• Procedures (number): 2.0
• Time (days): 2.0
• Cost (% of property value): 6.3
• Best Performer: Georgia (1)
• Comparator Economies: Indonesia (5.0), Lao PDR (5.0), Malaysia (8.0), Myanmar (7.2), Philippines (4.3), Timor-Leste (0.0)

Thailand performs relatively well in registering property, but it is still behind the global best performer, Georgia.

Getting Credit

• DB2015 Rank: 89
• DTF Score: 45.00
• Strength of Legal Rights Index (0–12): 3
• Depth of Credit Information Index (0–8): 6
• Credit Registry Coverage (% of adults): 0.0
• Credit Bureau Coverage (% of adults): 52.7
• Best Performer: New Zealand (12)
• Comparator Economies: Indonesia (6), Lao PDR (0), Malaysia (7), Myanmar (0), Philippines (5), Timor-Leste (4)

Thailand's credit access is relatively weak, with a low score on the depth of credit information index.

Protecting Minority Investors

• DB2015 Rank: 25
• DTF Score: 65.83
• Extent of Conflict of Interest Regulation Index (0–10): 7.7
• Extent of Shareholder Governance Index (0–10): 5.5
• Strength of Minority Investor Protection Index (0–10): 6.6
• Best Performer: New Zealand (81.67)

Thailand ranks relatively high in protecting minority investors, though there is room for improvement in corporate governance.

Paying Taxes

• DB2015 Rank: 62
• DTF Score: 77.99
• Payments (number per year): 22.0
• Time (hours per year): 264.0
• Best Performer: United Arab Emirates (99.44)
• Comparator Economies: Indonesia (65.0), Lao PDR (35.0), Malaysia (13.0), Myanmar (31.0), Philippines (36.0), Timor-Leste (18.0)

Thailand's tax system is relatively efficient, but it still lags behind top performers like the UAE.

Trading Across Borders

• DB2015 Rank: 36
• DTF Score: 83.57
• Documents to Export (number): 5
• Time to Export (days): 14.0
• Cost to Export (US$ per container): 595.0
• Best Performer: Singapore (1)
• Comparator Economies: Indonesia (4), Lao PDR (10), Malaysia (4), Myanmar (8), Philippines (6), Timor-Leste (6)

Thailand's trade across borders performance is moderate, with some improvements in export procedures.

Enforcing Contracts

• DB2015 Rank: 25
• DTF Score: 70.05
• Time (days): 440.0
• Cost (% of claim): 15.0
• Best Performer: Singapore (89.54)
• Comparator Economies: Indonesia (40.0), Lao PDR (42.0), Malaysia (29.0), Myanmar (45.0), Philippines (37.0), Timor-Leste (51.0)

Thailand's contract enforcement is weak, with a high cost and long time to resolve disputes.

Resolving Insolvency

• DB2015 Rank: 45
• DTF Score: 58.73
• Time (years): 2.7
• Cost (% of estate): 36.0
• Best Performer: Finland (0.4)
• Comparator Economies: Indonesia (1.9), Lao PDR (no practice), Malaysia (1.0), Myanmar (5.0), Philippines (2.7), Timor-Leste (no practice)

Thailand's insolvency resolution process is relatively efficient, but it still has room for improvement.

Key Methodological Changes in Doing Business 2015

• Ease of Doing Business ranking is now based on distance to frontier scores.
• Second city data added for 11 large economies (e.g., Bangladesh, Brazil, China, etc.).
• Credit-related indicators were updated to reflect better legal rights and more comprehensive credit information.
• Protecting minority investors replaced protecting investors, with expanded scope.
• Resolving insolvency now includes an index on the strength of the legal framework.
• Distance to frontier score for paying taxes is calculated nonlinearly.
• Labor market regulation now focuses on the retail sector, not the manufacturing sector.

Summary

The Doing Business 2015 report provides a comprehensive overview of Thailand's regulatory environment, highlighting both strengths and areas for improvement. While Thailand has made progress in several areas, including starting a business and dealing with construction permits, it still faces challenges in credit access, contract enforcement, and insolvency resolution. The report serves as a valuable tool for policymakers to identify regulatory bottlenecks and guide reforms.