How can Thailand establish a competitive environment for the development of S-Curve industries?
How can Thailand establish a competitive environment for the development of S-Curve industries?
In its April 2018 Economic Monitor for Thailand, the World Bank reported that GDP growth accelerated to 3.9% in 2017, from 0.91% in 2014, 2.94% in 2015 and 3.23% in 2016. This was the fastest expansion since the 7.24% recorded in 2012, and was driven by strong global growth, increased export revenue and a modest recovery in private consumption.
New retail legislation, combined with developments in consumer purchasing habits, are set to impact activity in Thailand’s retail sector, particularly the food and drink segment.
Economic stability, comparatively well-developed infrastructure and competitive investment incentives have attracted a steady flow of financing to Thailand’s manufacturing sector from both foreign and domestic sources, resulting in one of the strongest manufacturing bases in the ASEAN region and the second-largest economy within the trade...
The modern industrial world emerged in the late 1700s out of artisanal home workshops and into purpose-built factories with the advent of mechanisation, steam power and water power. Roughly a century later, a second wave of innovation delivered the division of labour and mass production powered by electricity, ushering in what is now referred...
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