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Thai business operators urged to be ready for AEC

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Thai business operators urged to be ready for AEC
By Digital Content

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BANGKOK, Sept 30 -- The Thailand Development Research Institute (TDRI) encouraged Thai business operators to prepare for a new environment under the ASEAN Economic Community (AEC).

In a seminar on the future of Thai industries after the formation of the AEC held in Bangkok this morning, TDRI Chairman Somkiat Tangkitvanich said Thai industrialists had to expand their perspectives to the regional level. He urged them to consider ASEAN as both markets and production bases.

He also said that Thai businessmen were expanding their operations to neighboring countries and their businesses were either wholly owned enterprises or joint-ventures using local manufacturers' services.

The TDRI chairman commented that there were challenges in ASEAN connectivity including import tariffs especially in relation to Cambodia, Laos, Myanmar and Vietnam, certificates of origin, the readiness of border checkpoints and corruption among border checkpoint staff.

Vasin Vanichvoranun, executive vice president of Kasikornbank, said Thailand's competitiveness ranks 37th among 148 countries, a position showing moderate competitive capacity.

He said Thailand lagged behind several Southeast Asian countries and many other nations which an edge for their innovation.

Mr Vasin urged Thailand to improve the efficiency of its workers, technological readiness, finance and its capabilities of education and advanced training. (MCOT online news)

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-- TNA 2014-09-30

Same old mantra!!coffee1.gif

One must be drole and ask the pertinent question , is Thailand ready for AEC, the major hurdles that have to be jumped require a great improvement in all area's ,one doubts that anything short of chaos will transpire in most government departments, as the front desk grapples with rule changes that they can't comprehend and heads of departments along with their Ministers are too preoccupied with media stops or throwing beach parties to care. coffee1.gif

Please, please be ready...otherwise we'll have to go ask the govt to fix the problem and return happiness to us.

It will be mess, and they will start fighting like kids over things that should already be worked out like import tariffs etc.

Invasions of mass workers.....open borders......free trade........yep....Thailand ain't ready.....in fact Thailand doesn't know how to prepare itself.....

Rocky road ahead! But knowing Thailand. There will be plenty of reasons why they are not ready.

Just leave it till the very last minute,it will be ok,Thai thinking.

regards worgeordie

"He said Thailand lagged behind several Southeast Asian countries and many other nations which an edge for their innovation".

Hmm, there are only several counties in South East Asia. Loosely translated must be ....... last. Anyway, Thailand is the largest exporter of edible insects. That is innovation.

They're not qualified but they are "urged" to prepare.

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