23 Sep 2019
Industry
Thailand may lose its comparative advantage and soon be surpassed by emerging countries such as Vietnam mainly because Thailand is no longer competitive in terms of labor cost. This is particularly evident in the electronics and textile and apparel industries. Although Thai industry still has a competitive edge in automobiles, petroleum and chemicals, and food and beverages, Thailand is expected to face tougher challenges due to fierce competition with emerging markets. ... Read more
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27 Sep 2013
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