still differences even near

14
•AUNG KO OO •CHAW YIN MIN TUN •EI EI NYEIN •THEINT YIN TUN Trade Cultural Presentation

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Page 1: Still differences even near

• AUNG KO OO • CHAW YIN MIN TUN • EI EI NYEIN• THEINT YIN TUN

Trade Cultural Presentation

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Still Differences Even Near

Vs

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General Information of two countries

Naypyidaw & YangonBurmeseTherawāda Buddhism68% Burmese,9% Shan,7%

Karen,4%Rakhine,3%Chinese, 2%Indian,2% Mon,5% other

Republic of Union of Myanmar 676,578 km2 Over 51 million$1,700 (2013 est.)

 

BangkokThai Buddhism75–85% Thai, Central &

Northeastern Thai , Northern & Southern Thai

Kingdom of Thailand 513,120 km2

Over 67 million$9,900 (2013 est.) 

Captial & Largest City Offical language Religion Ethinic

Government Area Population GDP

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Industries agricultural processing; wood and wood products; copper, tin, tungsten, iron; cement, construction materials; pharmaceuticals; fertilizer; oil and natural gas; garments, jade, gems

Industrial production growth rate

11.4%

Agriculture - products rice, pulses, beans, sesame, groundnuts, sugarcane; fish and fish products; hardwood

Household income or consumption by percentage share

lowest 10% : 2.8% highest 10% : 32.4%

Inflation rate (consumer prices)

5.7%

Labor force 34.31 million

Unemployment rate 4.02%

Budget revenues: $2.413 billion expenditures: $4.443 billion

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Industries manufacturing such as jewelry and electric appliances, computers and parts, integrated circuits, furniture, plastics, automobiles and automotive parts; world's second-largest tungsten producer

Industrial production growth rate

3.1%

Agriculture - products rice, cassava (manioc, tapioca), rubber, corn, sugarcane, coconuts, soybeans

Household income or consumption by percentage share

lowest 10%: 2.8% highest 10%: 31.5%

Inflation rate (consumer prices)

2.2%

Labor force 39.38 million

Unemployment rate 0.7%

Budget Revenues : $80.91 billion expenditures: $92.9 billion

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Items Myanmar ThailandGDP - composition by sector agriculture: 38%

industry: 20.3% services: 41.7%

agriculture: 12.1% industry: 43.6% services: 44.2%

Telephones - main lines in use 556,000 6.391 million

Telephones - mobile cellular 5.44 million 84.075 million Currency Kyat (K) (MMK) Baht (฿) (THB)

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Investments Status

• Thailand is predominately an export orientated country with manufacturing of electrical products

• Thailand is the most experienced investor in Myanmar • Expand to investment position if situations in Myanmar were to

improve in Political environment business environment

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CURRENT ECONOMIC STATUS OF MYANMAR AND THAILAND

Trade between Myanmar and Thailand• Myanmar export to Thailand at US$947 million and imports of US$99

million• the major share for this export value is from natural gas which

accounts for over 70% of recorded data. • The major problem in trying to establish a proper analysis of the trade

happening between Myanmar and Thailand is Myanmar ability to accurately account for the trade between Thailand.

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Imports into Thailand from Myanmar

• Thailand is the top export destination of Myanmar , over 39% of export products.

• Largest export product is Petroleum Gas, 91% in 2013

• Second major item is Wood and article, around 1.3%

• Third major item is Copper, about 0.47%

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Thailand Exports to Myanmar• Exports both for industrial and consumer related products.• Major artery for common products and goods, restricted by the

Myanmar authorities.• One of the perfect examples is cheap cooking oil, the second most

important food product after rice.• be the highest valued product category being imported into Myanmar• over 60% of Myanmar demand for this product is supplied by

Thailand through the unofficial channel.

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Percentage of export and import during 1993~2013

1990 1995 2000 2005 2010 20150

500

1000

1500

2000

2500

3000

3500

4000

4500

% of Export Vs Import

YEARS

Tota

l am

ount

in m

illio

n

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Cultural Similarities and Differences

Power Distance Individualism Masculinity Uncertainty Avoidance0

10

20

30

40

50

60

70

80

64

20

3430

70

16

30

25

Thailand Myanmar

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Thailand views on Myanmar resources• one million metric tons of fishery resources could be exploited annually

• Timber is another resource that Thai want to have from Myanmar Myanmar views on Thai businesses

• Due to historical difference, Myanmar feels intimidated by the

success of Thai businesses uncomfortable with the fact

of trusting and relying on Thailand

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Thank you for your pay attention!!!