1. Thailand can be promoted as a hub for manufacturing of finished products while importing raw materials from other markets at lower costs.
2. The country will be benefit by selling more food, garments and pharmaceutical products to the region.
3. All factories which are located in industrial estates throughout the country can sell products more easily and on a lager scale.
4. Local manufacturers and industrial estate developers can expand their business into neighboring countries in Indochina.
2. The country will be benefit by selling more food, garments and pharmaceutical products to the region.
3. All factories which are located in industrial estates throughout the country can sell products more easily and on a lager scale.
4. Local manufacturers and industrial estate developers can expand their business into neighboring countries in Indochina.
Cons of the Asean single market in 2015:
1. There are environmental issues. For example, air pollution which causes respiratory syndrome, water pollution which causes diarrhea and allergic cold and noise pollution.
2. A lot of natural resources are destroyed and the country needs to rely on other countries’ materials. Moreover, wild animals have no place to live because of the forest invasion.
2. A lot of natural resources are destroyed and the country needs to rely on other countries’ materials. Moreover, wild animals have no place to live because of the forest invasion.
Thailand should prepare herself to become the new regional market by:
1. The Thai government should solves the Map Ta Phut crisis because the country will lost its competitiveness as an attractive location for manufacturers and it will also bring about a big shortage of local support industries and upstream products.
2. The government should resolve the political crisis since many investors are not confident about the political stability.
2. The government should resolve the political crisis since many investors are not confident about the political stability.
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