Post by account_disabled on Jan 6, 2024 3:32:21 GMT -6
Thailand, Indonesia and Vietnam make the list of Trade20, the latest index from Standard Chartered Bank, which ranks 20 economies with the greatest potential for trade growth, 1 October 2019 – Standard Chartered Bank Launch of Trade20 report, revealing Thailand is ranked 8th among 20 countries with the greatest potential for trade growth. with factors supported by readiness in trade and strong growth in e-commerce. The Trade20 report surveys 66 countries around the world. which aims to analyze the trade growth potential of each market, with 12 indicators under 3 core areas: economic dynamism; Trade readiness and diversity of exports Drivers of ASEAN Standard Chartered Bank's index aims to analyze the growth potential of the fast-growing ASEAN region. Especially Thailand, Indonesia and Vietnam, which stand out in terms of trade readiness. This reflects the market's fundamentals for future trade growth. The economies of all three countries have the potential to move forward. By being the main base for production for export. International trade in the growing ASEAN region Strong domestic consumption coupled with close trade links with China and a labor market that is growing well This is despite the challenges of increasing global uncertainty.
But these three countries are positioned to benefit if the trade war intensifies and forces multinational companies to consider shifting their supply chains to other countries. In addition, trade transactions between the regions Telegram Number Data infrastructure improvements and reforming various regulations All help promote the growth of trade in these markets. According to the Office of the Board of Investment (BOI), there were 758 investment promotion applications, an increase of 7 percent from the same period last year, and an investment value of 232,610 million baht in the first half of 2019. Value of foreign direct investment in 5 BOI target industries (which includes the biotechnology industry and the automation machinery and robot industry) increased 58 percent to 23,840 million baht from January to June. Compared to the same period last year Thailand stands out in terms of readiness for trade, ranking 9th out of 20. Thailand places importance on adjusting various systems. Digitize and increase efficiency in every industry and transaction. especially international trade and exports Thailand should be able to quickly adapt digital systems to trade while working with neighboring countries.
This will help accelerate trade growth for the Asian region. More growth opportunities for Thailand: Export diversification Thailand is not among the top 20 in terms of export diversity. This is because the index gives weight to market developments in terms of export diversity. This is measured by the variety of products exported and the export income that comes from the variety of those products. Markets that score well in this area It is a market that has developed greatly in terms of export distribution. which should help create new opportunities Providing trade growth and reducing volatility due to market pressure, Mr. Plakorn Wanglee, President and Chief Executive Officer Standard Chartered Bank (Thailand) said: “The Trade20 Index report is a compilation of rising stars in the field of trade. By analyzing the market with trade conditions and trade growth potential. which has developed rapidly over the past decade." "Thailand is not only a target for foreign trade and investment. But more and more Thai companies There is strong business expansion abroad as well,” Mr. Plakorn added. According to the Stock Exchange of Thailand, in 2018, companies listed on the Stock Exchange There was the highest investment abroad in 8 years at 199,000 million baht, excluding investment within the country. which grew 15 percent from 2017 to 818,000 million baht.
But these three countries are positioned to benefit if the trade war intensifies and forces multinational companies to consider shifting their supply chains to other countries. In addition, trade transactions between the regions Telegram Number Data infrastructure improvements and reforming various regulations All help promote the growth of trade in these markets. According to the Office of the Board of Investment (BOI), there were 758 investment promotion applications, an increase of 7 percent from the same period last year, and an investment value of 232,610 million baht in the first half of 2019. Value of foreign direct investment in 5 BOI target industries (which includes the biotechnology industry and the automation machinery and robot industry) increased 58 percent to 23,840 million baht from January to June. Compared to the same period last year Thailand stands out in terms of readiness for trade, ranking 9th out of 20. Thailand places importance on adjusting various systems. Digitize and increase efficiency in every industry and transaction. especially international trade and exports Thailand should be able to quickly adapt digital systems to trade while working with neighboring countries.
This will help accelerate trade growth for the Asian region. More growth opportunities for Thailand: Export diversification Thailand is not among the top 20 in terms of export diversity. This is because the index gives weight to market developments in terms of export diversity. This is measured by the variety of products exported and the export income that comes from the variety of those products. Markets that score well in this area It is a market that has developed greatly in terms of export distribution. which should help create new opportunities Providing trade growth and reducing volatility due to market pressure, Mr. Plakorn Wanglee, President and Chief Executive Officer Standard Chartered Bank (Thailand) said: “The Trade20 Index report is a compilation of rising stars in the field of trade. By analyzing the market with trade conditions and trade growth potential. which has developed rapidly over the past decade." "Thailand is not only a target for foreign trade and investment. But more and more Thai companies There is strong business expansion abroad as well,” Mr. Plakorn added. According to the Stock Exchange of Thailand, in 2018, companies listed on the Stock Exchange There was the highest investment abroad in 8 years at 199,000 million baht, excluding investment within the country. which grew 15 percent from 2017 to 818,000 million baht.