rooster59 Posted November 16, 2019 Share Posted November 16, 2019 700 factories in Amata City ‘sound’: Amata’s MD By THE NATION Aukkares Choochouy, managing director of Amata Facility Services (AFS) Co Ltd, responded on Friday (November 15) to the rumours circulating on social media that Thailand’s export sector is in a critical condition, causing many factories to shut down nationwide especially in Chonburi and Rayong. “This is not true. More than 700 factories on the Amata City industrial estates are still operational. There is no report of factories halting production temporarily to wait for the situation to get better either,” he said. The managing director further explained that the company is closely monitoring the economic situation, particularly with regard to news related to industrial sector. “At present the industry that is the most sensitive is automotive part manufacturing,” he said. “Automotive sales in Thailand are usually around 2 million units, but this year and next it’s unlikely to hit that target, which will affect domestic supply chain providers.” According to Aukkares, AFS is managing 2 Amata City industrial estates (one in Chonburi and the other in Rayong), and is planning to expand to Myanmar, Laos and Vietnam soon. “We are also planning to extend the existing domestic industrial estates into the second phase to support new target industries and the government’s Smart City project in EEC areas. Jakkarat Lertopas, Industrial Estate Authority of Thailand’s deputy governor, revealed that most of the factories that report closure or halt of operation are from outside industrial estates. “Factories that stop operations temporarily will one day resume working again when the economy improves and their orders start pouring in but it’s not possible to predict right when that will that happen,” he said. “Apart from automotive industry, electronic manufacturing group is also suffering from decreasing sales of around 7 per cent, which is happening worldwide and not just in Thailand.” The deputy governor also insisted that one of the long-term solutions to this problem is to develop labour skills to support new target industries, especially those involving digital innovations Source: https://www.nationthailand.com/news/30378397 -- © Copyright The Nation Thailand 2019-11-16 Follow Thaivisa on LINE for breaking Thailand news and visa info Link to comment Share on other sites More sharing options...
falang07 Posted November 16, 2019 Share Posted November 16, 2019 unless they are not... Link to comment Share on other sites More sharing options...
yellowboat Posted November 16, 2019 Share Posted November 16, 2019 So there is and isn't a problem 2 hours ago, rooster59 said: The deputy governor also insisted that one of the long-term solutions to this problem is to develop labour skills to support new target industries, especially those involving digital innovations Smart people have trouble making money in the electronics industry. Just being skilled is not enough. In China, you can make a few surface mount pcba's in a few hours. In Thailand, it takes much more time. Link to comment Share on other sites More sharing options...
atyclb Posted November 16, 2019 Share Posted November 16, 2019 1 hour ago, yellowboat said: So there is and isn't a problem Smart people have trouble making money in the electronics industry. Just being skilled is not enough. In China, you can make a few surface mount pcba's in a few hours. In Thailand, it takes much more time. chinese companies/factories in my experience have been very responsive to inquiries regarding production or other services and very competent to boot, above board english ability most thai companies i have ever emailed inquiries to "fail to respond" Link to comment Share on other sites More sharing options...
Cake Monster Posted November 16, 2019 Share Posted November 16, 2019 Just by looking at the amount of traffic that uses the roads into Amata ( Bowin ) during the rush hours, I can tell you the rush hour has diminished in quantity,and the times have also altered, making the working day shorter for a load of folks Link to comment Share on other sites More sharing options...
Burma Bill Posted November 16, 2019 Share Posted November 16, 2019 As the Captain of the SS Titanic might have said "my ship is unsinkable" Link to comment Share on other sites More sharing options...
Destiny1990 Posted November 16, 2019 Share Posted November 16, 2019 Luckily its only rumors so no worries ! Link to comment Share on other sites More sharing options...
Scot123 Posted November 16, 2019 Share Posted November 16, 2019 Lol. They are not about to say anything else are they. They are not going to say "Well we are really up the creek with no paddle" or "stock/share holders don't panic, our sales have crashed, we have cut our output and we have already started planing our exit plan in secret. Shhhhhh we are opening factories in other countries because we are doing rubbish in Thailand due to the high baht" are they? Link to comment Share on other sites More sharing options...
pogal Posted November 17, 2019 Share Posted November 17, 2019 what a <deleted> liar! I have friends there who say lots of factories are cutting back on production. Some good news is they are trying not to lay people off by reducing days to 3 or 4 so that at least all staff have some income to pay bills. But for sure they are really feeling the pinch. Another Friend has not been paid 13,000,000 baht from a major company there siting economic woes. He is being paid back in monthly installments. It has severely cripilled his company and also all his suppliers. This must just be the tip of the iceberg. I'm sure there's a lot more going on (unless I know everything already!????) Link to comment Share on other sites More sharing options...
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