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    High hopes for textiles, garments sector

    News, Chedtha Intaravitak, Published on 14/09/2016

    ยป The closing of textile and garment factories and the relocation of manufacturing activities to neighbouring countries has been a trend in Thailand. As a labour-intensive industry, reasons for the downward trend of this industry revolve around high wages, labour scarcity and the end of Generalised System of Preferences (GSP) tariff privileges. Thai garments are deemed as not competitive compared with those from neighbouring countries which still enjoy GSP privileges and where low-wage labour is still abundant.

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