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April 28, 2011

Corruption – A Thai Perspective: Good News and Bad News

Tilleke & Gibbins Viewpoint, September 2010

This Tilleke & Gibbins Viewpoint article, written by David Lyman (Chairman & Chief Values Officer), provides a review of the current state of corruption in Thailand. The article gives an overview of petty corruption and grand corruption, highlighted by recent prominent examples. The article then discusses recent progress made by the government and the importance of ratifying the United Nations Convention Against Corruption.

RELATED INSIGHTS​ 

May 12, 2011
No country is immune to corruption. Corruption and other illicit activities thrive in Thailand today as they have throughout this nation’s long history. According to Transparency International’s latest survey, the level of corruption in Thailand is no worse than it is in many countries. Is it liked? No. Accepted? Yes, but as a repugnant fact of life. Why? Because most people can do little about curbing it so they learn to live with it. Is the government promoting anti-corruption? Lip service, yes. Concrete steps? Very slow, so the jury is still out.
May 12, 2011
The Report: Thailand 2011, published by Oxford Business Group, provides an in-depth analysis of various sectors of the Thai economy. In the legal section of the publication, Tilleke & Gibbins examines the government’s recent push for further liberalization of foreign investment laws. In addition to foreign investment, the article examines forms of business organization, capital markets, property law, labor and employment issues, and intellectual property.
May 3, 2011
The last few decades have seen an increase in the implementation and forceful application of anti-corruption laws worldwide. Due to Western authorities’ extensive powers regarding anti-corruption issues, foreign-based companies are requiring their subsidiaries in Asia to control gift-giving expenses, especially since efforts to respect the customs of giving gifts to officials (including hosting dinners or banquets) may constitute bribery according to international and even local anti-corruption laws.