Aec: Opportunity or Threat to the Workforce of Thailand

In conjunction with the new policy of restricting foreign workers, the government announces an increase in the levy on foreign workers of $960 when employing foreign workers to fill up the vacancies falling under 90 general job positions under the five business sectors (wholesale & retail trade, transport, hotel & restaurant, support services and Information Communication System). As the levy is paid by the employer, the increase is designed to make employment of foreign workers in Brunei more expensive which will discourage the employers from hiring and looking for foreign

How can Better Way stay on top in Thailand while it looks to expand internationally?

Economic Considerations: Thailand is great developing country because of the smart economic policies but political environment is not stable so there is effect for investors to pay attention much to invest.

“Thai workers dropped from 200,000 in 1989 to merely 10,000 in 2011.” (Meghan A. McClincy, 2012).

Did you know what and who are foreign workers? Foreign works can be define as person who works in a country other than the one of which he or she is a citizen and they come from the outside of our country and stay her usually temporary or maybe permanent. In Malaysia, the admission of current workers to this country has happen in 19th century where majority of them come from India and China country who work in mining and rubber sector. Years later, they become the part of our citizen and are a Malaysian permanent citizen after our country got our own Independence. That is why Malaysia is the one of unique country in term of have variety of culture, race and religion. Until today, the admissions of foreign country still happen not only in labour

Thailand is a country in South East Asia with current Chief of State is King Bhumibol Adulyadej and the Head of Government is Prime Minister Prayut Chan-ocha. The country’s official monetary unit is Thai baht. Thailand used to be the world’s largest exporter of rice until the year of 2013. Moreover, Thailand and the United States are members for a number of the same international organizations, including the World Trade Organization (WTO), Asia-Pacific Economic Cooperation (APEC), ASEAN Regional Forum, World Bank, International Monetary Fund, and United Nations. Another strong point about Thailand is that, “Thailand’s unemployment rate was just 0.65% as of December 2015, according to Trading Economics”

During the second half of the 20th century Thailand underwent a rapid transformation from an agrarian to export-driven industrialized economy while sustaining rapid economic growth. What took Europe almost a century, the East Asian tigers (Hong Kong, Singapore, South Korea, and Taiwan) and the newly industrializing economies (Indonesia, Malaysia, and Thailand) accomplished in a matter of decades, which led many to believe in an East Asian miracle. However, in 1997 Thailand became the first country swept into an economic crisis that spread throughout the region within months. Why did Thailand unexpectedly fall into a rapid economic crisis and how has the crisis shaped the current political economy of the country? Although Thailand

It is interesting to learn that the environmental heart of Southeast Asia, is no other than Thailand. The Kingdom of Thailand is considered to be much more than a lively, energetic tourist spot. Actually, it is one of the major economies in the district. Deeply export- positioned, Thailand, or the Land of Smiles which is what it is commonly known, is acknowledged for the honesty of its economy, and readiness to make acceptations for direct investments that are distant. Since virtual collapse throughout the Asian crisis of 1997-98, Thailand has achieved to weather political chaos, counting the commotion produced by the military overthrow of 2006, and a catastrophic and tragic tsunami, to construct on its position as an developing Asian giant. However, today Thailand is considered to be one of the world's biggest exporter of rice, the second-biggest tungsten maker and third- major tin manufacturer. Having gotten important development in economic and social expansion in current years, Thailand's development from 2002-2006 made an average around 5.6%. Different from its other neighbors in Southeast Asia such as Burma, or Laos, Thailand was had never really been occupied and the nation's emerging, free-enterprise economy is gradually changing from agriculture to industrial. With a that said, this essay will go behind the scenes as to find out the causes behind the collapse of Thailand economy.

In comparison with the number in developed countries, €9 per hour in the UK for example, no wonder why big multinational companies all over the world have been trying to outsource to Vietnam. There are many factories along the country which are manufacturing final products for world top multinational companies. Nike, Adidas, Panasonic, Toyota, etc., all place their factories in Vietnam. In fact, when one goes shopping in Europe, it is no surprised to see a product of a famous brand with the “Made in Vietnam” label printed on it . Moreover, according to some latest research, Vietnam has a young population. It can lead to a more effective working force, compared to countries which have an old population, such as Finland and Japan. In the last decades, the literacy rate of Vietnam has been increasing steadily, from 88% in 1989, 90% in 1999 to 93,5% in 2009. More people get a bachelor’s degree nowadays, which leads to the improvement in the worker’s skill. Offering not only a strong flow but an efficient working force, Vietnam has been attracting more investors every year.

According to the GSO, about 80% of Vietnam’s trade is done with members of other Asian countries. Vietnam is also the president of The Association of Southeast Asian Nations (ASEAN) as of 2010. Through this position, Vietnam has increased trade both regionally, and internationally.

An overview of the potential context of the study has been discussed various aspects. To begin with, the official and the first foreign language of Thailand are highlighted in the first two parts. Also, in the same part language education and communication are located the current situation. The next part is concerning English proficiency of Thai people. In the followed part will describe the importance of English and ASEAN Economic Community. Afterwards the detailed context of the study will pinpoint EMI policy at KKU and EMI implementation at HUSO. Besides, this section closed with a limited research on EMI in Thailand.

Thailand has a heavy reliance on four sectors to contribute towards GDP as follows (Association TRPC 2015):

Although the Association of Southeast Asian Nations (ASEAN) has been around for 45 years, it is only in the last half decade that policies have been put in place to bring the 10 member economies

Workface/labor – due to tight labor immigration laws there is a shortage of foreign labor as the government has made it hard for foreigners to obtain visa. As result this results in shortage of labor. Another cause of labor shortage it is due to low pay and

Labour market is a key issue for many developing as well as developed countries. Whether the people are skilled or unskilled is determining factor for the inflow of foreign direct investment (FDIs) to many developing nations. So, Malaysia depended on its abundant supply of literate and trainable labour force to attract investments in the export-oriented electronics industry since the early 70s’. This labour force has gone through skilled upgrading and enhancement in the past three decades and today, Malaysia can boast of having a pool of relatively skilled and professional labour force that is capable of handling and developing state-of-the-art technologies.