Government urged to forge new measures
Entrepreneurs are urging the government to launch new measures to develop logistics and equip them with better capabilities to compete with foreign rivals following the reopening of China, according to the latest survey by the Federation of Thai Industries (FTI).
This would allow businesses to take full advantage of the reopening, not limit the impact to tourism, said Montri Mahaplerkpong, vice-chairman of the FTI.
“Thailand must come up with more strategies to benefit from China’s reopening” he said.
“We need to think of how we can increase our exports in the Chinese market.”
The FTI asked 280 members who are company executives in 45 industries how Thailand should prepare for Beijing’s policy shift.
Most respondents (74.3%) want the government to help manufacturers manage production costs,…
