ASEAN ECONOMIC COMMUNITY

Within the ASEAN region, Thailand is not considered a low-cost production base, but the country is competitive in many different ways, including its business environment, logistics infrastructure, abundant natural resources and a well-established industrial structure, as well as the government’s commitment to upgrading manufacturing. More

Riding on the existing Greater Mekong Sub-region (GMS) Economic Cooperation mechanism and the establishment of ASEAN Economic Community, the China-IndoChina Peninsula Economic Corridor proposed under the Belt and Road Initiative is expected to deepen China-ASEAN regional integration by pushing forward infrastructure connectivity, industrial co-operation, cross-border trade as well as e-commerce development. More

The emergence of low-cost, alternative manufacturing bases in the Greater Mekong Sub-region (GMS) is fostering an increasingly complex trading network amid expanding intra-regional trade. With the most developed transport infrastructure in the GMS, Thailand is a popular hub for managing regional supply chains, a role that will be strengthened following the launch of the ASEAN Economic Community (AEC). This is expected to result in more opportunities for Hong Kong logistics companies. More