• Title/Summary/Keyword: THAILAND

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Feasibility of Group Risk Income Protection Insurance for Para Rubber in Thailand

  • DUANGMANEE, Krittiya
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.10
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    • pp.621-628
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    • 2020
  • The study investigates a promising sustainable crop-insurance risk mitigation plan, namely, Group Risk Income Protection (GRIP) insurance, for the cultivation of Para rubber, a crop for which Southern Thailand constitutes over half of the national harvested area, but which recently experienced a shift in prices and yields, substantially affecting farmers. The research takes as its starting point historical data covering the 2001-2018 period for this crop's cultivation in three of Thailand's Andaman South Coast provinces - Trang, Krabi, and Phangnga. The results indicate that, from a relatively high base in 2001, Trang's yields dropped sharply before a more gradual decline (apparently still ongoing), whereas those for Krabi and Phangnga followed a smoother downward trajectory throughout the period. Meanwhile, prices everywhere rose steadily before falling from 2011 onwards - a decrease that shows no signs of abating. The yield/price relationship was negative for one province and slightly positive for the other provinces. Furthermore, all provinces' Para rubber income initially grew continually but fell after 2011, with this trend seemingly persisting to this day. The paper's findings suggest that, after early moves to entrench GRIP insurance, it looks set to become a feasible option for Para rubber, making policy agreement details an interesting subject for subsequent investigations.

Corona declassified imagery for land use mapping: Application to Koh Chang, Thailand

  • Kusanagi, Michiro;Nogami, Jun;Chemin, Yann;Wandgi, Thinley Jyamtsho;Oo, Kyaw Sann;Rudrappa, Prasad Bauchkar;Hieu, Duong Van
    • Proceedings of the KSRS Conference
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    • 2003.11a
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    • pp.891-893
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    • 2003
  • This study uses the images from the Corona ‘spy’ satellite, which have been declassified in November 2002 and available on Internet order for a very low cost. The image used dates from 1973 and has about 6m panchromatic characteristics. Along with a Landsat5TM of 1990 and Aster of 2001, a temporal range of about 30 years is achieved. A simple classification of the area was processed and crosschecked manually from the available recent toposheets of Thailand. Results show the development of human infrastructure in the Protected Island of Koh Chang in Thailand, from 1973 to date. Specific human locations are identified linked either to tourism development, or to villages of fishermen. Scope for using Corona in land cover changes on a longer time period than usual satellite images is possible. Some classification issues coming from the sensor have to be taken into account. Accuracy assessment is also an issue because of the age of the sensor.

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A Comparative Study on the Perception for Enhancing the Qualities of Korean Language Teachers in Thailand (한국어 교사의 자질 향상을 위한 인식 비교 연구 -태국어권을 중심으로-)

  • Lee, Seungyeon
    • Journal of Korean language education
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    • v.29 no.1
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    • pp.139-161
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    • 2018
  • This study aims to investigate factors that are important for Korean language faculty and learners in Thai universities with focus on factors that constitute characteristics of desirable Korean language teachers. This study also analyzes the difference in perception between the faculty and learners to enhance the qualities of Korean language teachers in Thailand. The demand for Korean language learners is explosive in Thailand as Korean language has been adopted as a college entrance examination subject since the 2018 school year. As a result, the Thai government has increased the number of Korean language education institutions to reflect the rapidly increasing demand of Korean language learners, but Korean language education in Thailand has only achieved quantitative growth and has made little in the way of qualitative growth. In this respect, it is meaningful to compare the qualities of the Korean language teachers in the Korean language faculty of Thai universities with the qualities that learners perceive Korean language teachers should have, which ultimately can enhance the quality of Thai Korean language teachers and help the learners to learn more effectively.

Digital Accounting Implementation and Audit Performance: An Empirical Research of Tax Auditors in Thailand

  • LOHAPAN, Nutchajarin
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.11
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    • pp.121-131
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    • 2021
  • This study aims at investigating the effects of digital accounting implementation on audit performance of tax auditors in Thailand through audit competency and audit report as the consequence. In addition, it examines the effects of audit learning, digital culture, and stakeholder expectation on digital accounting implementation. The key informants were Thailand's tax auditors. The data was collected using a questionnaire that was distributed to 349 tax auditors throughout Thailand. The response rate was 20.53%. The Ordinary Least Squares (OLS) is applied to test the research relationships. The results of this study show that digital accounting implementation has an important effect on its consequence, namely audit competency, audit report, and audit performance. Similarly, audit competency and audit report affect audit performance. Testing the antecedents of the research relationships, namely audit learning, digital culture, and stakeholder expectation, the result reveals that only digital culture affects digital accounting implementation. Accordingly, digital accounting implementation plays a vital role to enhance audit competency, audit report, and ultimately lead to attaining audit performance. Furthermore, the results are beneficial for the auditing practitioners and regulators, allowing them to draw on these results to develop training programs to enhance professional audit efficiency.

The Impact of Employee Engagement on Employee Performance: A Case Study of Multinational Corporations in Thailand

  • SUNGMALA, Ngaochai;VERAWAT, Amara
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.5
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    • pp.1091-1097
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    • 2021
  • The purpose of this research was to investigate the relationship between employee engagement and individual performance outcomes (including growth, achievement, contribution, and customer satisfaction) in large firms in Thailand, which is rapidly growing as an international business hub. The study took place in Thai offices of multinational corporations, whose performance is both very important for Thailand's overall economy and for the firm's continued presence in Thailand. The study was conducted using a survey methodology. A convenience sample of employees of multinational corporations (n = 423) completed a survey on employee engagement and individual performance outcomes. The data were analyzed using linear regression analysis. The results showed that there was a significant, positive relationship between employee engagement and all four performance outcomes that were targeted. The strongest effect was observed for achievement (β = 0.899), followed by growth (β = 0.887), contribution (β = 0.872), and customer satisfaction (β = .867). These findings indicate that employee engagement is a significant and strong factor that determines the individual performance of employees of multinational corporations. This implies that companies do need to consider how to promote employee engagement. There were some limitations, especially social response bias and the self-reported nature of performance, that limit these findings.

Factors Influencing Digital Transformation of Logistics Service Providers: A Case Study in Thailand

  • SINGHDONG, Putthiwat;SUTHIWARTNARUEPUT, Kamonchanok;PORNCHAIWISESKUL, Pongsa
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.5
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    • pp.241-251
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    • 2021
  • This research explores and develops digital transformation factors influencing the logistics service-provider sector in Thailand while also examining the impact sustainability factors associated with digital transformation. Divided into two parts, Part one of the theoretical study framework covers 21 factors relating to logistics, including drivers, objectives, implications, and success factors. The second part concerns 23 factors associated with logistics sustainability, including economic, environmental, and social aspects. This quantitative empirical research was conducted using an online questionnaire instrument, and a structural equation modeling (SEM) technique was used to test the proposed model. The findings from 545 samples collected between August and November 2020 from respondents working in logistics service-provider companies in Thailand show that digital transformation drivers and objectives seem likely to impact success factors and implications in digital transformation positively. Digital transformation success factors also positively impact logistics sustainability. In comparison, logistics sustainability has a significant impact on Thailand's logistics service-provider sector's economic, environmental, and social aspects. Lastly, this research highlights the significance of digital transformation success factors and extends the current knowledge about digital transformation factors and their potential impact on logistics sustainability.

Factors Influencing Actual Usage of Mobile Shopping Applications: Generation Y in Thailand

  • RATTANABURI, Konrawan;VONGURAI, Rawin
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.1
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    • pp.901-913
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    • 2021
  • This study examines the factors that influence the actual usage of mobile shopping applications among Generation Y (Gen Y) users in Thailand, determined by behavioral intention, compatibility, perceived cost, perceived ease-of-use, perceived usefulness, perceived risk, and personal innovativeness. The researcher carried out the analysis based on a quantitative approach and used a non-probability sampling as the convenience sampling tool. A total of 502 Gen Y respondents who experienced using the top-four ranking mobile shopping applications in Thailand were invited to participate in the study. The Structural Equation Model (SEM) and Confirmatory Factor Analysis (CFA) were used to analyze the model fit, reliability, and validity of the variables. The primary result revealed that perceived usefulness has the strongest positive significant effect on behavioral intention, followed by personal innovativeness and compatibility. Conversely, the perceived cost has a significant negative influence on behavioral intention. Besides, perceived ease-of-use has a significant positive effect on perceived usefulness. The direct relationship between perceived usefulness and behavioral intention is, however, insignificant. Similarly, the result showed no effect of perceived risk towards behavioral intention. Finally, the result also revealed that behavioral intention determined the actual usage of mobile shopping applications of Gen Y users in Thailand.

Factors Affecting Consumer's Loyalty in Food Delivery Application Service in Thailand

  • LIMSARUN, Tanakorn;NAVAVONGSATHIAN, Ampol;VONGCHAVALITKUL, Busaya;DAMRONGPONG, Nantaporn
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.2
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    • pp.1025-1032
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    • 2021
  • The study investigates factors affecting the loyalty of Food Delivery Application (FDA) service in Thailand. This study employs quantitative research methodology with a non-probability sampling method to draw 510 FDA samples from the FDA users in Thailand. The online questionnaires with a Cronbach's alpha coefficient of 0.886 were used as a research tool to collect data from samples. By using the Structural Equation Modeling (SEM) to analyze data, the results show that trustworthiness, social influence, system design, and task-technology fit affect the user's technology acceptance, which also show the significant relationship with the loyalty of FDA users in Thailand. The study checks the harmony with the statistics; χ2 = 258.686, df. =160, χ2/df. = 1.616, p-value = 0.050, CMIN/DF = 1.616, GFI = 0.960, AGFI = 0.969, TLI = 0.953, CFI = 0.965, RMSEA = 0.047, significant level at 0.05, along with testing the weight factor. In conclusion, the research model was harmonious with the empirical data at the significant level 0.05. The finding of this study suggested that the FDA service provider might apply this research finding to develop a greater understanding of the FDA's customer loyalty, as well as determine marketing strategies, identify opportunities, and create a competitive advantage in the future.

Key Drivers of Operational Performance of E-commerce Distribution Service Providers in Thailand

  • VONGURAI, Rawin
    • Journal of Distribution Science
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    • v.20 no.12
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    • pp.89-98
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    • 2022
  • Purpose: Due to the rapid growth of e-commerce in Thailand, the operational excellence of distribution service providers has been elevated. Thus, this research investigated the key drivers of operational performance of e-commerce distributors in Thailand. The research contains key variables: the analytics capabilities of an organization, supply chain disruption orientation, innovation capability, and operational performance. Research design, data, and methodology: An online survey is administered to top managers and key personnel (N=425) employed for at least one year in Thailand's top five e-commerce distributors. The sampling methods were conducted using purposive sampling, quota sampling, and convenience sampling. Confirmatory Factor Analysis and Structural Equation Model were applied to analyze and confirm the model's goodness-of-fit and hypothesis testing. Results: The findings reveal that an organization's analytics capabilities significantly affect supply chain disruption orientation and supply chain resilience. Furthermore, operational performance is affected by supply chain disruption, supplier quality management, and innovation capability. Nevertheless, supply chain resilience and digital supply chain have no significant effect on operational performance. Conclusions: The results imply that supply chain digitalization could drive higher operational performance. Distribution businesses are encountering transformation and disruption, which should address the high level of a digital supply chain, innovation, and quality management to maximize their profit margin and delivery service quality.

KAMs Reporting and Financial Performance: Empirical Evidence from Thai Listed Companies

  • SUTTIPUN, Muttanachai;SWATDIKUN, Trairong
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.4
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    • pp.841-848
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    • 2021
  • This study seeks to investigate Key Audit Matters (KAMs) reporting of Thai listed companies in Thailand, and examines the influence of KAMs reporting on corporate financial performance. Data were collected from 180 companies listed in Thailand during 2016 to 2018, which accounted to 540 annual reports. KAMs reporting was quantified by content analysis from the audit reports, while financial performance and corporate characteristics were collected from the corporate annual reports. Descriptive analysis and multiple regressions were performed to analyze the data. The study results reveal that there was an increasing of KAMs reporting in audit report of listed companies in Thailand in terms of both number of issues and number of words across the observed period. The regression analysis indicates that was a significant and negative influence of words counted as KAMs reporting on financial performance, while there was no influence of KAMs reporting issue on the performance. Moreover, there was a negative relationship between corporate complexity and financial performance, while audit type had a positive correlation with financial performance. This study shows significant contribution on the implication of KAMs in an emerging economy and the role of KAMs as a communication device between auditor and stakeholders.