Question

As a CEO of a company that is ready to export to Thailand or that is ready to source from Thailand, would you be concerned about the political risk in Thailand? What steps would you take to mitigate this political risk?

Answer 1

As a CEO of a company i have to focus on the profit maximization as well the safety of my employees. weather they belong to any country or region. As Thailand is a low to moderate strata ecinoec and one of the emerging developing Economy. but as we said above if for my company regarding import and export from Thailand there are some issues that i have to concern about it.

As we can see that in the past or when we see the history of this nation we can find that millitary was in power and it manipulate the government work. So as a CEO i have to think about this factor and try to build my policies. Thailand conducts election in last year but then also he royal family concern persist. these are the some of the political i have to look after when i Export to thailand or import from thailand.

This political risks or this issues are the personal issues for that specific country but when i have to implement my policies or trading with thailand. I think the Trust that i shown to for the country is the mist important. because when we see that now day Thailand conduct successful Election by democratic way and it will have a great way ahead.

And as a CEO i have to take risk for diversing my business. I just can do the trade with Thailand on experimental basis and they i i have to decide about the future business. then i also would like to sign some treaties and pact with government regarding my company and i will ask them to ensure the safety and security for my business and employees in Thailand. these are the some step that i would like to follow to mitigate the political risk in Thailand.