What can we expect to see as a result of the Board of Investment’s new industrial incentives?
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Interviews & Viewpoints | OBG talks to Prasert Boonchaisuk, Minister of Industry from The Report: Thailand 2014
Articles & Analysis | Feeding the roots: Even as political unrest holds back sales, the retail sector is investing from The Report: Thailand 2014
The Thai retail sector is a study in contrasts. On the one hand, it is suffering acutely as the political protests drag on and consumer spending and confidence continue to fall. Investors are worried about the country’s economic future, in the near term at the very least, and are holding their breath and their money. On the other, Thailand is...
Articles & Analysis | Driving stakes abroad: Expansion into foreign countries will spread out returns from The Report: Thailand 2014
Thai retailers have been rushing overseas, both to the near abroad and across the globe. Three things motivate them: the limits of Thailand’s domestic market size, perceived opportunities in other countries, such as Indonesia, and low prices for acquisition targets, especially in Europe. Another drive is self-confidence: the knowledge that they...
Articles & Analysis | Change of clothes: The transfer of capacity overseas is as much about moving up the value chain as about keeping down costs from The Report: Thailand 2014
Facing a slump in its market for traditional garments and textiles, the industry in Thailand is shifting both its aim and its focus. It is starting to think of regional economies as places not only to sell jeans, suits and dresses but also to manufacture them. With the US, Europe and China seeing weak growth and costs at home going up rapidly,...
Articles & Analysis | Buy in luxury: Change is under way in the high-end shopping segment from The Report: Thailand 2014
Thai retailers are moving up the value chain. What is more, they are already coming from the upper rungs, having more or less always catered to the high end. The country’s premier malls in downtown Bangkok are far more tailored to the rich than malls in the West, or even in Singapore and Hong Kong. Not only do they carry the most expensive...
Articles & Analysis | At home abroad: Industrial companies are cautiously moving into foreign markets from The Report: Thailand 2014
Investment overseas has risen rapidly in recent years, especially in manufacturing. According to Bank of Thailand statistics, outward foreign direct investment (FDI) by Thai manufacturing companies in 2012 totalled $14.4bn, up from $8.5bn the previous year and $3.0bn in 2007. The largest manufacturing sub-sector for FDI that year was food...