Spotlight on Asia - ThailandThailand has one of the largest populations in Asia and is also one of the biggest exporters in the region - its position as a hub of manufacturing and investment is often overlooked by westerners. It is the only East Asian nation never to have been colonised by foreign powers, but now has lively relations with the rest of the world through both tourism and manufacturing. Thailand is one of the few East Asian nations retaining a constitutional monarchy and, although corruption and coups have long been features of party political life, the last decade has seen a large degree of modernisation and reform. This has provided the conditions in which business and industry have been able to flourish: Thailand has been ranked the fourth location in the world for size of FDI inflows between 2004 and 2007, after China, India and the USA. The country’s economic structure is now weighted 10% towards agriculture, 35% in manufacturing and over 50% in services. Thailand welcomes thousands of visitors from around the world through tourism. In December 2004, the attention of the world was drawn to Southern Thailand when the Indian Ocean tsunami destroyed large parts of the country and killed thousands of Thais as well as foreign tourists. The Thai government initially rejected foreign aid in the spirit of channelling it towards more disadvantaged countries such as Indonesia, and the ongoing relief effort turned out to have an internationalising effect. As Thailand engages at an increasingly high level with the rest of the world, there is a growing demand for localisation and marketing services. The following are a few facts and fallacies about localisation for Thailand:
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