Doing Business in Thailand
Thailand is a country of natural beauty, tropical climate, and hospitable people. Also known as the land of smiles, you can find a good balance of Western and local culture in the country, especially in its capital of Bangkok. This makes this nation one of the best places in Asia to do business in. If you are an entrepreneur and you wish to expand your operations over to the East, here are some useful tips on doing business in Thailand.
First, you will have to take note of the work practice in the locality. For instance, although offering similar hours of operation to the Western world, the pace in the corporate environment there is generally very relaxed. Furthermore, as you will often encounter traffic jams in the country, it is acceptable for most executives to be a little late for company meetings. However, calling to say beforehand that you are running late will be very appreciated.
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In addition to this, it would do well for you to take note that April and early May are the main holiday periods in this country. Therefore, you should avoid arranging business trips to Thailand during this time as many workers there will likely be on leave.
Moreover, communicating with your corporate colleagues will no longer be a problem as English is widely spoken there in the business world, especially in large companies in Bangkok. However, make sure to use only simple and non-idiomatic language to ensure that what you want to say gets across. As you will be engaging in commercial transactions in an environment that has a very different culture, you should keep these important tips in mind.
