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Thai goods' competitiveness in world markets to be enhanced: Deputy commerce minister


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Posted

Thai goods' competitiveness in world markets to be enhanced: Deputy commerce minister

BANGKOK, 6 November 2015 (NNT) –Deputy Commerce Minister Suwit Mesinsee confirmed that his agency will enhance the competitiveness of Thai goods in the world markets.


Thailand is yet to make economic reforms in terms of trade patterns to focus on the strength of Thai entrepreneurs in development and community management.

Community markets will be established to stimulate investments. The commerce ministry will also provide funding for the developing of community-based enterprises, given cooperation between the public and private sectors.

The deputy commerce minister commented that next year will see the global economy improve slightly but its volatility might not be trustworthy. Thus, the Thai economy needs to be strengthened to survive, regardless of the unpredictable world economy.

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Posted

What a load of hot air! Not one suggestion of what will be done. And how on earth will so called community markets do anything on the global stage. Just another case of a bureaucrat flapping his gums.

Posted

"...will enhance the competitiveness of Thai goods in the world markets."

Which "goods" is he talking about? Doesn't mention how he will develop quality goods to compete with the rest of SE Asia. Right now, the main quality good is Thai rice and that's taking a beating from Vietnam since most westerners view rice like Asians view potatoes. It's all the same, and they will buy the cheapest rice that looks like it isn't rotten. Motorbikes are competitive exports to Vietnam and Cambodia, but that will only last until both nations start producing their own.

The big challenge for Thailand is finding enough quality employees who are trained to be responsible and committed to producing quality products. Just saying that the Commerce Ministry will enhance competitiveness is as valid as the government saying it will reduce road accidents in the future.

Posted

Easiest way to do that is to lower the value of the THB. Instant improved competitiveness with other countries.

Not just the easiest way, but probably the only way in the medium-term. There are so many working practices, attitudes, lack of skills, and social and political issues that need to be properly and fairly addressed that even if a genuine start was is today, it would take a generation to work through.

Posted

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Posted

The Thai should check which products are exported with the "made in Thailand" stamp.

There are many very bad products with that stamp and i even stopped buying any of them. I need made in Japan or Germany only.

But also Thai companys use the "made in Japan/Germany" stamps these days. Or they just make it look like it was made in Germany.

Yesterday i bought new wheels for our fence and the sales told me they were made in Japan but everything on the box was thai language. It said: japanese bearrings but that doesn't mean "made in Japan" to me. Then i want to see Japanese language on the box.

And for rice we have Pandan rice in Europe, from Thailand. I've never seen Pandan rice in BKK though.

Posted

While reading all this government statements it reminds me what i was reading at University in the books for commerce: it's all the theoretic phrases and in Thai it means: ALL IS EMPTY !

Posted

Quality and reliability has a long way to go.

The Mazdas, Fords, Toyotas and Isuzus seem pretty reliable and of world class quality, sent all over the world in fact.

The Western Digital products seem pretty good too.

Posted

The Thai should check which products are exported with the "made in Thailand" stamp.

There are many very bad products with that stamp and i even stopped buying any of them. I need made in Japan or Germany only.

But also Thai companys use the "made in Japan/Germany" stamps these days. Or they just make it look like it was made in Germany.

Yesterday i bought new wheels for our fence and the sales told me they were made in Japan but everything on the box was thai language. It said: japanese bearrings but that doesn't mean "made in Japan" to me. Then i want to see Japanese language on the box.

And for rice we have Pandan rice in Europe, from Thailand. I've never seen Pandan rice in BKK though.

I've never seen wheels on a fence either.

Posted

Quality and reliability has a long way to go.

The Mazdas, Fords, Toyotas and Isuzus seem pretty reliable and of world class quality, sent all over the world in fact.

The Western Digital products seem pretty good too.

You've mentioned several companies that are Japanese where management and supervision is conducted by Japanese to their standards.

I don't know about Ford or Western.

From personal experience products from all Thai companies leave a lot to be desired.

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