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Tip for doing business in thailand

To do business in Thailand is good to consider several aspects into account. First you say that Thailand is the land of smiles, which must adopt an attitude of cooperation and avoid a confrontation.

  • The most common word is Wai (Hello) pronounced like the English “Why”. They also have two other meanings: thanks and sorry therefore used continuously.
  • Punctuality is a standard Thai business. care must be taken with traffic jams in Bangkok.
  • It is important to get to meetings on time, even when you are not sure about punctuality in attendance. Although punctuality in Thai is a personal trait, which means respect for the person you meet and you’ll earn more respect if you are in time, regardless of the direction of the other side of punctuality. It is also important to send the meeting agenda before the meeting, both in English and Thai and then sufficient time for preparation. Ideally an appointment must be made one month in advance.
  • As we said before, Thailand is the land of smiles. However, a marked smile rather denotes nervousness or stress.
  • The royal family plays an important role in social and political affairs. He enjoys the respect and admiration of the people. Avoid any negative comments about the monarchy.
  • Taboos touching someone’s head or pointing with the feet, as the head is considered the most sacred body and feet the dirtiest part of the body. Stepping on someone or food is considered an insult. However, Thai culture as many other Asian cultures is succumbing to the influence of westernization and some of its traditional taboos are slowly disappearing. There are books and other documents that are among the most revered secular objects, therefore one should not slide a book on a table or place it on the floor.
  • Personal relationships are very important for doing business in Thailand. You have to work the world of relationships if you have a chance to sit down and negotiate.
  • Prior to a meeting should establish an agenda of issues. However, it is not surprising Thais adding or removing some point, and that spontaneity is part of your trading style.
  • During a meeting, remember to be patient and remain standing until he was asked to sit down. The attire for men and women should be conservative, especially because the Thais will be judged based on their clothing and accessories. If you have business cards to distribute, be sure to do so after the initial greeting or handshake and start with the most senior person. The exchange of cards is generally considered an opening ritual needed to do business in Thailand and other Asian countries. It is also advisable to have one side of your business card in Thailand.
  • Always remember to be polite and respectful, and note that the formal and non-verbal communication is generally considered more important than verbal communication. For example, because the Thais have difficulty refusing requests, it is important to pay attention to your nonverbal communication. If you feel reluctant, it is recommended to withdraw his application. You should also watch their body language to communicate with Thais, as it is more credible than his words. When doing business in Thailand, their willingness to learn and adapt to the new culture will ensure your success.
  • Most Thais want to see their country fully developed and are very interested in learning about Western technology and practices. However, in some respects, the Thais can be very stubborn, refusing to change their way of life and reminds you that you are on their land. For example, most companies only work half day on Saturdays, and is generally not advisable to request for a business meeting on Saturday.
 
There are certain aspects of Thailand which has to be aware of in order to successfully conduct their business activities in the country. Culture shock affects everyone including employers but proper preparation should give you an idea of ​​what to expect. Doing business in Thailand can be very rewarding, but it could also be frustrating.
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Tip for doing business in thailand