Are exporters a sitting duck amid wage hike and rising baht? Are exporters a sitting duck amid wage hike and rising baht?
THURSDAY, FEBRUARY 22, 2018
LAO TZU ONCE said, “If you do not change direction, you may end up where you are heading”. This timeless quote could potentially portend eroding profits of Thai exporters if they could not adapt their business in response to adverse environments: higher costs from the government’s recently announced wage hike and the stronger-than-last year Thai baht.