Impact of the Thai economic crisis on the construction industry | |
| Author | Nattapol Nimityongskul |
| Call Number | AIT RSPR no. SM-01-67 |
| Subject(s) | Construction industry--Thailand Financial crises--Thailand |
| Note | A research study submitted in pa1tial fulfillment of the requirements for the degree of Master of Business Administration, School of Management |
| Publisher | Asian Institute of Technology |
| Series Statement | Research studies project report ; no. SM-01-67 |
| Abstract | In the past, Thailand enjoyed decades of strong and stable expansion and was one of the developing countries in Asia winning world's acclaim for its successful economic development. However, in 1997, due to the economic crisis, it has faced a problem similar to that of Japan and South Korea (in the past), mainly a large amount of bad debts sustained by the financial sector due to the bubble-style economy. This problem remains. The objectives of the study are to provide an overview of Thai construction industry and to compare the past performance and current status of the selected construction companies namely Italian-Thai Development Public Co., Ltd. and CH. Karnchang Public Co., Ltd. The Policy implication for the public and private sector to counteract with the economic crisis will also be proposed. Results of the study indicate that Thai construction industry has been and will be facing further fall in profits. Moreover, the competition for the available projects will become tighter. For the construction companies covered in this study, they have also ยท been suffering from the economic crisis. However, they have started to implement new policies to counteract with the economic crisis, e.g., cost-cutting and cost-saving |
| Year | 2001 |
| Corresponding Series Added Entry | Asian Institute of Technology. Research studies project report ; no. SM-01-67 |
| Type | Research Study Project Report (RSPR) |
| School | School of Management |
| Department | Other Field of Studies (No Department) |
| Chairperson(s) | Tang, John C. S.; |
| Examination Committee(s) | Sununta Siengthai;Ramachandran, N.; |
| Scholarship Donor(s) | Asian Institute of Technololgy; |
| Degree | Research Studies Project Report (M.B.A.) - Asian Institute of Technology, 2001 |