While Thailand has long capitalised on the popularity of its cuisine, the production, selling and exporting of food products is being given renewed focus under the national Thailand 4.0 initiative. With food processing listed as one of the First S-Curve industries that the authorities are seeking to add value to in the short to medium term,...
After a prolonged period of sluggishness, the retail sector in Thailand shown signs of healthier growth. General stability is having a positive impact on the sector, while years of targeted investment have also supported growth. However, some uncertainty remains, as consumer debt is still elevated and an uneven distribution of purchasing power...
The global economy is entering the Fourth Industrial Revolution (4IR), or Industry 4.0, based on the application of new digital and automated technologies in production processes and service delivery. These changes are presenting emerging markets with opportunities such as improved productivity, as well as risks, namely reshoring and the...
After a decade of external disruption – which saw the 2008 global financial crisis, the floods of 2011, political protests in 2013-14 and the military coup of 2014 – Thai industry is getting back on track. According to the Ministry of Industry, the manufacturing production index (MPI) grew by 2.5% in 2017, with stronger growth in the second...
Auto manufacturing has long been at the centre of Thai industry. For more than half a century the segment has been the target of incentives, and these efforts have successfully attracted many foreign investors. As a result, the country is now a major international player in the making and selling of vehicles, and is the largest producer in...
Performance in Mexican industry is heavily dependent on the particular segment in question and its current economic position. The automotive and aeronautics manufacturing sectors, concentrated mostly in the Bajío region of Mexico in the states of Querétaro and Guanajuato, are driving demand for inputs like light-weight polymers, while strong...
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