Thailand
up on World Bank rankings
Thailand is ranked 15th out of 178 economies
in the ease of doing business, moving up from
17th last year after adopting the E-Customs
system in the export and import sectors, according
to the World Bank's "Doing Business 2008"
report.
In the same list, Thailand ranks fourth in East
Asia after Singapore, Hong Kong and Japan.
In the area of "trading across borders",
Thailand's ranking has improved from 103 last
year to 50 this year.
Dr.
Kirida Bhaopichitr, World Bank economist for
Thailand, stated that the kingdom moved up in
the world's most business-friendly countries
rank because many reforms to reduce time, cost
and procedures in importing and exporting, in
which E-Custom plays a major role, have been
implemented.
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