New economic community could spell relocation for Thai shoemakers
16/02/2012
The president of the Thai Footwear Association (TFA), Chanin Jitkomut, has warned that some of the manufacturers among his organisation’s 200 members are preparing to set up production in lower-cost countries in the region after the ASEAN Economic Community (AEC) comes into effect in 2015. There are ten countries in the Association of South East...