BANGKOK, 28 April 2015 – The National Reform Council (NRC) committee on agriculture, industry, commerce, tourism and services has published a report on methods to expand market opportunities and increase trade value for Thai operators.
The committee reported that Thailand has historically relied on foreign investments and imported raw materials to drive its manufacturing sector. Most of the export profits therefore belong to foreign operators.
Meanwhile, the agriculture and tourism sectors not only produce low-value products, but are also subject instability due to climate change and political unrest. These factors have resulted in stagnant national development.
The committee has proposed that small and medium-sized enterprises across all sectors be strengthened in terms of innovation and diversity. The reform panel added that businesses should be encouraged to expand into new markets through a national strategic plan.
Most NRC members agreed to draft policies that would mobilize business operators in agriculture, industry and service sectors to improve human resources, management and investments.
Furthermore, the committee claimed that indigenous practices should be incorporated into appropriate services and products in order to enhance customer value added.
