Thailand joins hands with France to develop cosmetics for Asian users

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Thailand joins hands with France to develop cosmetics for Asian users

BANGKOK, 15 June 2016 (NNT) - Thailand Center of Excellence for Life Sciences (TCELS), the Ministry of Science and Technology, signed an MoU with France to develop cosmetics for Asians and attract investors to Thailand.

TCELS Director Nares Damrongchai said that TCELS has cooperated with France's Cosmetic Valley to develop Thai cosmetics’ standards.

The Cosmetic Valley development project will extract Thai natural products, conduct tests and research on them and developing cosmetics for Asian users.

The project will promote technology transfers and exchanges of personnel between Thailand and France and attract more entrepreneurs to invest in Thai cosmetic industry, he said.

Thailand is already a leader in global beauty industry and its cosmetics market is the largest in Southeast Asia. The thriving cosmetics industry has also given a boost to many related industries, creating jobs and generating incomes. Current health, fashion and lifestyle trends have promoted the growth of cosmetics industry.

Statistics have shown that Thailand's cosmetics industry makes roughly 250 billion baht in yearly earnings, 150 billion baht of which being from domestic consumption and the remainder from export.

-- NNT 2016-06-16

[Winniedapu]

I think I can feel a hub coming on...

Another one for God's sake.

Thailand: hub of hubs.

Winnie

[dcnx]

They can thank the Chinese for their success. Without the Chinese, the Thai cosmetic industry would be a fraction of what it is today.

Korea, Japan and Thailand are the top cosmetic counties in Asia for production. All bought by the Chinese in bulk.

[BigBadGeordie]

Can't see why they need further research into cosmetics, as most asians (especially Thais) appear to have only one goal when using cosmetics.

This product meets all their needs and is available almost everywhere.

[EricBerg]

"The project will promote technology transfers and exchanges of personnel between Thailand and France and attract more entrepreneurs to invest in Thai cosmetic industry,"...

The project will NOT attract more investors.

"Thailand is already a leader in global beauty industry and its cosmetics market is the largest in Southeast Asia."

Thailand is NOT a leader in global beauty industry. (unless there are heaps of leaders)

Edited June 16, 2016 by EricBerg

[Emster23]

So is all this "Snail White" goop going to be upgraded to "Escargot White"?

[waldroj]

Thailand Center of Excellence for Life Sciences (TCELS) - what a great title (and their acronym is quite cool too) given the importance of T Cells to the human body!

[Winniedapu]

"The project will promote technology transfers and exchanges of personnel between Thailand and France and attract more entrepreneurs to invest in Thai cosmetic industry,"...

The project will NOT attract more investors.

"Thailand is already a leader in global beauty industry and its cosmetics market is the largest in Southeast Asia."

Thailand is NOT a leader in global beauty industry. (unless there are heaps of leaders)

Well, yes, but.

Apart from all the stupid,dopey, dishonest, self-serving wrong things...

Was everything else right?

Win

[dhream]

Can't see why they need further research into cosmetics, as most asians (especially Thais) appear to have only one goal when using cosmetics.

This product meets all their needs and is available almost everywhere.

Now Now BBG.

The cosmetics industry.

A total scam and many women are so vain they'll pay anything and believe everything.

The only way to get "younger looking skin" is to build a time machine and go back to the past.