SRCC and Suvarnabhumi Campus, Assumption University, Bangkok, Thailand hosts venture on Corporate Governance and Business Sustainability


The 27th Prime Minister of Thailand, His Excellency Mr. Abhisit Vejjajiva inaugurated the Conference with his address on “Corporate Governance Reforms in Asia.” He spoke about how South Asia came out of the financial crises in the past and have shown the way towards resurgence of the economies of these countries. The family based system of corporate governance has been attempted to be modernized on the lines of the OECD Principles by introducing the concepts of independent directors, audit committees and disclosure. But the challenges of implementation of the laws and regulations particularly concerning protection of minority interest, and slow legal process are the dampening factors. He also emphasized the inclusion of ordinary citizenry, particularly women, in issues concerning corporate governance, involvement and investment. He commended the efforts of SRCC and AU in putting together this international conference at a point in time when the world is turning its attention on Asia.

Attended by the founder of Assumption University and President Emeritus, Rev. Bro. Martin, its President, Rev. Bro. Bancha Saenghiran, Chairman of Shri Ram College of Commerce, Mr. Ajay S. Shriram, its Principal, Dr. P. C. Jain, faculty members, students from both institutions, delegates, paper presenters, dignitaries from the academic and corporate communities, it was a coming together of people from all parts of the world. Bro. Bancha welcomed the guests and elaborated on the concept of this collaborative effort.

Mr. Ajay Shriram spoke on corporate governance issues in the context of India and referred to how family businesses were tackling matters related to governance. He was appreciative of the initiative between the two institutes as a new beginning in the direction of global collaborations. Conference Secretary, Dr. Anil Kumar proposed a Vote of Thanks and expressed his happiness and gratitude to all segments that made the Conference possible.

On the second day of the Conference a Roundtable Discussion: “Exploring Collaborative Pathways in Corporate Governance and Sustainable Business Partnerships” was organized. The Indian Ambassador to Thailand, H. E. Mr. Anil Wadhwa, the Secretary-General of the Thai Chamber of Commerce, Mr. Kalin Sarasin, the Director, Board of Studies, Institute of Chartewred Accountants of India, Mr. Sutanu Sinha, Chief Executive, Institute of Company Secretaries of India, Dr. Raj S. Dhankar, Dean, FMS, Delhi University and representatives of Tata, Thailand and Birla, Thailand participated.

There were fifteen technical sessions: Strategic Management and Corporate Governance (CG), CG – Performance & SMEs, CSR, Management and Sustainability, Finance & Economics, Education, Marketing and Information Technology etc.  By the sheer number of paper presentations, this conference not only addressed the depth of issues but also the diversity and range of topics. In all, fifty-four papers were presented. An eminent jury chaired by Prof. Raj S. Dhankar, Dean, Faculty of Management Studies, Delhi University, Prof. K. V. Bhanu Murthy, Faculty of Commerce and Business, Delhi University, Mr. Vijay Kapur, Director, Board of Studies,

Institute of Chartered Accountants of India, adjudged the best papers. The best papers will be published as a special edition of Business Analyst, the bi-annual journal of SRCC.

The Conference provided a great opportunity to interact and learn from each other’s experiences, not only in the conference matters, but more importantly to understand the academic practices and orientation in different parts of the globe, especially in Asia. The ACCGBS 2013 was sponsored by the National Foundation for Corporate Governance (NFCG).



University of Mysore to strengthen its exchange programmes Chulalongkorn University


MYSORE: University of Mysore (UoM) and Chulalongkorn University (Thailand) on Thursday decided to strengthen their bonds through student- and teacher-exchange programmes and finetune their research in the field of physics, bio-chemistry, chemistry and biotechnology. UoM also intends to explore the strong points of Thailand tourism and related curricula.

Speaking at a press meet here, Chulalongkorn University vice-president Kalaya Tingsabadh said that tourism in Thailand is booming because of programmes and courses which show students how to tap tourism in a professional way. “For instance, we have a masters programme in cultural management, which makes students to understand the country’s culture and it history in depth,” she said, adding that Thailand is ready to help India on this score.

Thailand attracts over 20 million tourists every year, and this is a big volume for any country to handle. “We are ready to share our tourism-related knowledge with India, as that latter also has a lot of potential for tourism,” she added.

Chulalongkorn University also wants to concentrate on HR development, which could be achieved through increasing student- and teacher-exchange programmes. “We are ready to bear the cost of teachers’ stay and other facilities,” she said, adding: “Nowadays, students from Thailand are evincing interest in coming to India to take up various courses. We are interested in carrying out studies on writings and manuscripts by using the facilities and study material available at Oriental Research Institute.”

UoM vice-chancellor K S Rangappa said that teachers from both the universities will emphasize on research and strengthen the faculty academically through exchange programmes. “UoM teachers will go there to teach for three months, and those from Thailand will teach here,” he added.

Lack of infrastructure, transport facilities

Soonthorn Chaiyindeepum, deputy head of Mission Royal Thai Embassy in India, said: “Thailand-India relations are building up in post-cold war era. Thailand, as a member of ASEAN, is looking at India for strengthening friendship. Thais are keen to visit India for her rich history and culture. But improper infrastructure and transport facilities is holding them back.”

O an average, 90,000 Thais, half of them being Buddhist pilgrims, visit India. “India should build infrastructure and create best transport facilities to attract more tourists from all over the world in general and Thailand in particular,” he said, suggesting UoM to offer courses in tourism, as “Mysore is a heritage city”, to which UoM VC Rangappa responded positively.

“Our PG course in tourism has failed to attract students. But the tie-up with Chulalongkorn University, it should change. We will such courses attractive and job-oriented, the VC added.


H.E. Mr. Anil Wadhwa Opens Resourceful and Unique 5th India Education Fair in Thailand
Bangkok–21 Mar–Penner-Madison & Company

Recently, His Excellency Mr. Anil Wadhwa, the Ambassador of India in Thailand presided over the opening ceremony of The Great India Education Fair 2012, organized AFAIRS Exhibitions and Media Pvt. Ltd. at Queen Sirikit Convention Centre.

The fair took place for the 5th consecutive year in Thailand and well attended by over 6,000 visitors, parents and students who searched for world-class education at an affordable cost.
In the picture:
    • (Centre) His Excellency Mr. Anil Wadhwa, the Ambassador of India in Thailand
    • (3rd from right) Mr. Satish Sehgal, Chairman of India-Thai Business Association
    • (1st from right) Mr. DK Bakshi, Educational Committee, India-Thai Chamber of Commerce (ITCC) Secretary General, India-Thai Business Association (ITBA)Chief Mentor and CEO of Global Talent Consultants
    • (4th from right) Mr. Sanjeev Bolia, CEO and Founder Director, AFAIRS Exhibitions & Media Pvt. Ltd.
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A 11 member delegation from the Thailand’s principal public sector agency responsible for fostering and coordination of research in Science & Technology and also for its application, the Agricultural Research Development Agency (ARDA), led by its Director Dr (Ms) Napavarn Noparatnaraporn are paying an official visit to the CSIR-North East Institute of Science & Technology, Jorhat during June 21 to 24.
During the period of their stay in India, the Thai delegation will, among other things, visit various R&D divisions of NEIST to see for themselves the on-going research activities and then at the close of the visit, the delegation will sign a Memorandum of Understanding with CSIR-NEIST for a broad base collaboration for promoting research in Science & Technology between Thailand and India with specific focus on the North East. This visit of Thai officials is viewed by NEIST authorities as most significant because for the first time the signing of MoU between Institutes of two countries are taking place at the Institute particularly at a time when the Institute is celebrating its Golden Jubilee Year. The signing of MoU is probably guided by the philosophy that there are many commonalities exist between the two landmasses – Thailand and NE India, be it climate, the cultural background and the like. Both the places have almost similar socio-economic problems and consequently the solutions which work in Thailand may in all probability work in India too and vice versa.
In this connection, it will be worthwhile to mention here that Thai Princess Her Royal Highness Maha Chakri Sirindhorn, accompanied by the officials of her entourage also paid a visit to NEIST on 3 February, 2009 which subsequently paved the way for this present cooperation between the two countries. It will not be out of place to mention that the Hon’ble Chief Minister of Assam, Tarun Gogoi, also paid an official visit to Thailand in recent times to explore the possibilities for cooperation.

The broad areas of cooperation under the MoU will include aspects such as:

1.    Both ARDA and NEIST will as far as practicable, exchange research information and experienced researchers with a view to mutually promote research in Science & Technology and related activities between the two countries.
2.    Both the institutions will cooperate with each other to jointly organize academic seminars and symposiums to promote research.
3.    Both the institutions will encourage personnel to interact to strengthen the working relationships.
4.    Both the institutions will work together to promote projects of shared interest.
5.    Both the institutions will reciprocally facilitate science based innovation and fact findings resulting into business development activities and so on.


The CSIR-North East Institute of Science and Technology here will sign a memorandum of understanding with the Agricultural Research Development Agency (Arda), Thailand, to carry out joint research for development of the northeastern region.

Arda is Thailand’s principal public sector agency responsible for fostering and co-ordinating research in science and technology and its application.

An 11-member delegation, led by agency director Napavarn Noparatnaraporn, is on a four-day official visit to the institute.

The head of information and business relations at the institute, B.C. Saikia, said during their stay in India, the Thai delegation will, among other things, visit various R&D divisions of the institute to see the ongoing research activities for themselves. At the end of the visit, the delegation will sign a memorandum of understanding for a broad base collaboration to promote research in science and technology between Thailand and India with specific focus on the Northeast.

“The visit by the Thai officials is being considered most significant by the institute authorities. This is because, for the first time, an MoU will be signed between institutes of the two countries, especially at a time when our institute is celebrating its golden jubilee year,” Saikia said.

He said the two countries had many things in common, be it climate or cultural background. The two regions also faced almost similar socio-economic problems and consequently, solutions that worked in Thailand may, in all likelihood, work in India too and vice-versa.

Broad areas of co-operation under the agreement will include aspects like exchange of research information and experienced researchers with a view to mutually promote research in science and technology and related activities, co-operate to jointly organise academic seminars and symposiums to promote research.

encourage personal interaction to strengthen working relationships, promote projects of shared interest. Both the institutions will reciprocally facilitate science-based innovation and fact-findings, resulting in business development activities and so on.

A team from Thailand that is in the city to take part in the 17th National Children’s Science Congress is fascinated by the technological advancement made by India.

“We have been sent by our education board especially to study and understand the Indian technological advancement here so that we can put into practice the same procedures in our education system,” says Wanpen Khien- Iam, a teacher from Thanyabyri school in Thailand.

The team is enthusiastic about learning about the Indian technological systems and all the members are looking forward to interact with Indian students and teachers. The idea is to take back with them the maximum amount of technical knowledge from here to share that with their friends and colleagues back home.

“I am really glad that I was chosen for this trip to India. I have always been fascinated by India and its technology is indeed fantastic. I hope to learn a lot and take back with me a number of ideas, opinions and a lot of information back to Thailand,” says Savina Romyen, class 9 student of Phonesovanh School in Laos, Thailand.

“The engineering and technology colleges in the country have several parameters like quality of teaching, placement, industry interface, IT facilities and research papers which make the technological advancement of this country to be one of the best in the world,” adds Wanpen. “I would like more of such trips between students of India and Thailand to be organised,” she adds.

The Style Souk