Although smaller than its petroleum, mining and agricultural sectors, Papua New Guinea’s industry and manufacturing are major contributors to the nation’s revenue base, and hold significant potential for future investment and development. Manufacturers face several challenges, including high transportation, utilities and security costs, import dependency, currency depreciation, a foreign...
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Chapter | Industry & Retail from The Report: Papua New Guinea 2017
After a number of challenging years, PNG is starting to hit its equilibrium point again. It has largely passed through the period of difficult adjustments, and now some balance has returned. A number of long-planned projects are progressing and new areas of opportunity are being explored.
Articles & Analysis | Thailand's manufacturing sector to move further up the value chain from The Report: Thailand 2017
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...
Articles & Analysis | Retail in Thailand shaped by food and beverage, health and beauty, and online platforms from The Report: Thailand 2017
Following a few uncharacteristically slow years for the Thai retail industry, vendors are looking to build on the momentum created in 2016 and continue to expand nationwide sales into the next decade. Boasting the second-largest economy in the ASEAN region and attracting millions of tourists each year, Thailand has developed into a shopping...
Articles & Analysis | Thailand's industrial capacities to add more value and innovation from The Report: Thailand 2017
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...
Articles & Analysis | Trends may change for Thailand's rubber industry from The Report: Thailand 2017
Commercial-scale rubber cultivation began in Thailand in the early 1900s, making the widely-demanded crop one of the first valuable agricultural exports for the country. Rubber farms initially proved to be an efficient supplier of raw product, readying it for shipping for further processing abroad. Over time, the sector continued to expand,...