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Friday, May 3, 2024

Reforms required to attract investors

Thailand needs to address structural challenges and be more open and transparent in order to increase productivity, competitiveness and attractiveness to seize opportunities amid the current trade-tech war between China and the US.

The tech war between the US and China has brought more opportunities to Thailand as a strong location for production in the global supply chain as the US and China decouple from each other, said Dhanawat Suthumpun, managing director of Microsoft Thailand, under the topic “Inclusive Green Growth Transition” in a seminar on Monday entitled “Transitioning Thailand: Coping with the Future”, hosted by the National Economic and Social Development Council (NESDC).

In relation to Microsoft’s Surface notebooks, which are currrently made in China, the firm is expanding production of this product to Thailand, Mr Dhanawat said.

Mr…

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