Thailand remains a favored hotspot for foreign direct investment (FDI) despite regional and global economic fluctuations. The country has focused intensely on efforts to consistently improve its standing as an FDI destination, gaining popularity among foreign investors because it offers an attractive and modern legal framework, reasonable input costs and a favorable geographic location.
The influx of FDI, combined with the substantial presence of existing foreign investment projects, places on-the-ground investors in an environment in which many factors need to be considered by local, regional, and global counsel. Foremost among these considerations is the anti-corruption environment in which investors operate.
Michael Ramirez, a senior member in Tilleke & Gibbins’ dispute resolution team, addresses these factors and more in the Thailand chapter of The Asia-Pacific Investigations Review 2017 (2nd Edition), a guide to the important issues in internal and government investigations across the Asia-Pacific, published by Global Investigations Review.
The Thailand chapter of the guide covers corruption, international law and extraterritorial effect, enforcement of bribery laws, whistleblowing, and the impact overseas anti-corruption laws may have on the country.