Search Results for: Thai

Vietnam’ clothing and textile industry has been assessing the impact of losing an anticipated huge garment export boost under the Trans-Pacific Partnership (TPP) now that US president-elect Donald Trump has promised to sign an executive order pulling out of the 12-nation trade deal.…

EXECUTIVES at a Vietnam knitwear company have told WTiN.com that while it has expanded production because of increased exports, if costs continue to rise in this south-east Asian country – the company is prepared to move production overseas.

Over the last roughly 30 years, Thai Son S.P.…

THE SHORTAGE of skilled labour is the “second most pressing issue next to political instability” that is hindering growth in Thailand manufacturing firms, a Bangkok-based World Bank expert has told People Management.

Indeed, the south-east Asian country’s skilled labour shortage has been getting worse: for example, the number of weeks it takes to fill a vacancy for a skilled worker in Thailand has increased from about five weeks on average in 2007 to about eight weeks in 2015, said the World Bank’s east Asia and Pacific programme leader for poverty and human development Lars Sondergaard.…

THE ASIA-PACIFIC region has been regarded as the workshop of the world for most of the 21^st century, and this is especially true for the technical textile sector, where output has continued to grow, partly fuelled by growing regional demand.…

A slowdown in liberalising Myanmar’s construction industry so far this year has not soured the positive outlook of paints and coatings companies on this emerging market’s potential, according to industry experts.

Few new construction projects have come online in 2016, as the market works to digest the surplus of units begun during a boom following the 2011 transition to civilian rule, which was finally completed in March (2016).…

THAILAND’S strong upstream and mid-stream textile sectors can gain significantly by investing in Vietnam, setting up plants in the country ahead of the key Trans-Pacific Partnership (TPP) trade deal coming into force, Thailand textile industry experts have said. 

Thailand’s “textile bleaching, dyeing, printing and finishing sectors can benefit by investing in Vietnam,” a spokesperson from industry organisation the Thailand Textile Institute’s textile policy research and information service department said.…

Thailand’s online packaged food market is small, but growing fast. Indeed, online sales of packaged food in Thailand are expected to grow dramatically by 2020 as Internet penetration increases and traffic in major cities makes in-person shopping inconvenient. Just over 40% of Thailand’s population can access the Internet at home, up from just 22.4% in 2010, according to the World Bank.…

A slowly recovering economy and a string of political crises may have weakened consumer spending in Thailand, but appetite for packaged premium brands, remained strong, according to industry experts. Overall, packaged food sales (retail and food services including premium) soared from USD8.06 billion in 2011 to USD 11.07 billion in 2015, according to data from London-based market researcher Euromonitor International, with sales projected to continue to grow through 2020, albeit at a slower pace.…

Demand for ready-to-eat meals is growing continuously in Thailand on the back of drastically changing lifestyles in the kingdom. As an ever greater share of the population lives in the condominiums of Bangkok’s sprawling suburbs; rural areas turn into industrial clusters; traffic jams worsen; and more family members work outside, the retail value of ready-to-eat meals is forecast by London-based market researcher Euromonitor International to grow this year by 9.9% year-on-year to Thai Baht THB7.4 billion (USD213.4 million) after having expanding in value at a CAGR (compound annual growth rate) of 13.5% from 2010-14, according to another London-based market researcher, Mintel.…

The market for packaged food with health claims is still small in Thailand, with the organics food sector being particularly tiny. But functional food sales growth rates have been picking up markedly on the back of an aging population translating into increasing awareness of health problems, such as cancer, cardiovascular diseases, obesity and diabetes.…