Export optimism varies according to sector

[webfact]

Export optimism varies according to sector

PETCHANET PRATRUANGKRAI
THE NATION 

 

 

BANGKOK: -- DESPITE SIGNS of a recovery in the export sector, Thai manufacturers and exporters have been encouraged to focus more on product development, brand recognition, and adding value to enhance competitiveness in global markets.

 

For the rest of this year, exporters expect exchange-rate fluctuations will still be cause for concern, while oil prices will continue to rise. Some expect to benefit in the fourth quarter from the year-end festive season. 

However, they believe their longer-term strengths will include correct business strategies, value creation, innovation, and targeting the right markets.

 

Full story: http://www.nationmultimedia.com/business/Export-optimism-varies-according-to-sector-30297788.html

 

-- © Copyright The Nation 2016-10-17

[Srikcir]

4 hours ago, webfact said:

DESPITE SIGNS of a recovery in the export sector

Signs that are not yet meaningful for recovery.

Executive of Kasikornbank Korbsit Silapachai predicted in September 2016 that the export sector tended to continue to drop due to a decrease in imports of Thailand’s trade partners and hold at 2% export contraction. 

due to also better competitiveness of the country's competitors. 

http://news.thaivisa.com/thailand/analysts-thai-export-growth-will-remain-negative-this-year/153836/

5 hours ago, webfact said:

Some expect to benefit in the fourth quarter from the year-end festive season. 

Maybe not.

Some luxury hotels in the Ratchaprasong area said they will likely cancel their New Year’s Eve parties in light of …

http://www.thaivisa.com/forum/topic/949133-hotels-in-bangkok-reconsider-lavish-nye-party-plans/

 

[RichardColeman]

Sorry, but if you keep you currency high, exchange rates will always kill your exports. 

[Brer Fox]

1 hour ago, RichardColeman said:

Sorry, but if you keep you currency high, exchange rates will always kill your exports. 

And encourages imports which then hurts local manufacturing which supplies the domestic market.

[anotheruser]

I am not so sure