Skip to content


Harry Cassin
Publisher and Editor

Andy Spalding
Senior Editor

Jessica Tillipman
Senior Editor

Bill Steinman
Senior Editor

Richard L. Cassin
Editor at Large

Elizabeth K. Spahn
Editor Emeritus

Cody Worthington
Contributing Editor

Julie DiMauro
Contributing Editor

Thomas Fox
Contributing Editor

Marc Alain Bohn
Contributing Editor

Bill Waite
Contributing Editor

Shruti J. Shah
Contributing Editor

Russell A. Stamets
Contributing Editor

Richard Bistrong
Contributing Editor

Eric Carlson
Contributing Editor

In Thailand, Graft’s Big Bite

Companies in Thailand said they have to spend up to 35 percent of a project’s budget for bribes to win government contracts, according to a survey by the University of the Thai Chamber of Commerce and the Anti-Corruption Network.

That means corruption could cost the country $250 billion this year, or more than 2 percent of its gross domestic product, according to a report Thursday in the Bangkok Post.

The survey covered 2,400 respondents from the business and public sectors.

‘More than 85 percent of respondents said they had to pay bribes whenever they had to deal with government agencies or politicians to win contracts,’ the report said. ‘Only 4.7 percent said they had not paid any bribes, while almost 10 percent said they were unaware there was graft.’

On average, respondents said, they must pay about 30-35 percent of the budget to win a project from the government or a state-owned agency.

Share this post


Comments are closed for this article!