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Asean has become a 2-tier market, business forum told

SUCHEERA PINIJPARAKARN
THE NATION

 

ASEAN INTEGRATION is fuelling huge infrastructure investment in the developing CLMV subregion (Cambodia, Laos, Myanmar and Vietnam) and making Asean a two-tier market, a forum heard yesterday.

 

Speaking at the Nikkei Asia300 Global Business Forum in a session on "Assessment of Asean's Impacts", Chartsiri Sophonpanich, president of Bangkok Bank, said the Asean market was being driven by two tiers.

One is the developed countries, which can be the region's door to India and China, and the second tier is the developing CLMV countries, where growth may not be high but it is stable.

 

Full story: http://www.nationmultimedia.com/business/Asean-has-become-a-2-tier-market-business-forum-to-30297177.html

 

 

-- © Copyright The Nation 2016-10-08

[elgordo38]

So it begs the question what tier is Thailand on?. Will the four countries listed make the SB's and Thailand will throw them to China and India. I guess all the illegals from the four countries listed will pack up their bags and go home. Who will fill all these mundane jobs?

[Grubster]

14 hours ago, elgordo38 said:

So it begs the question what tier is Thailand on?. Will the four countries listed make the SB's and Thailand will throw them to China and India. I guess all the illegals from the four countries listed will pack up their bags and go home. Who will fill all these mundane jobs?

Starving expats.