On the economic road from farms to factories to services, Thailand has come a long way. Through a combination of low costs, sound policy, a good work ethic and a relative lack of labour activism, the country has managed to make the transition from an economy based on agriculture and commodities to become one of the most industry-oriented nations in the world. Manufacturing makes up 34% of the...
Thailand Retail
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Chapter | Industry & Retail from The Report: Thailand 2014
Economic growth, government price support for agricultural commodities, and stimulus programmes have all contributed to robust retail growth over the past several years. Modern hypermarkets such as Tesco Lotus and Big C continue to dominate the sector, although popular criticisms of their hegemony have prompted a Retail Act that if passed would restrict their expansion. The mall sector is...
Located in the heart of South-east Asia, Thailand combines an ancient Buddhist culture with an emerging industrial economy. It is the only South-east Asian country never to have been colonised, and the monarchy dates back to the 14th century.
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