The Thailand Government Should Adopt Supportive Policies To Prevent Textile Industry From Reducing Orders.

Ban Ti, director of Thailand Textile Industry Association, is under the impact of the European economic crisis.

Industry orders continue to decrease, but for the time being, the specific decline is still uncertain. It is necessary to observe whether the trend of European economic crisis is easing or even more serious.

Thailand marketers need to adjust themselves. Recently, several marketers have begun to look for new export markets, such as ASEAN and Japan, which have high purchasing power and continue to grow, and are expected to make up for the shrinking market share in the European market.

Mr Ban said that although the two market demands of ASEAN and Japan continue to grow, Thailand marketers need to build and adjust the market for some time, but believe that the overall problem is not big because some enterprises have already entered the ASEAN market.

It is noteworthy that Thailand's minimum wage is 300 baht policy, and many factories are facing a shortage of labour, which has led to a drop in capacity in factories. The government should give support to it to overcome the economic crisis.

The labor shortage is the most common problem at present, especially in the garment industry. The proportion of labor pay is over 50% of the cost of production, and this industry is faced with the problem of increasing the cost of production by more than 40% of the production cost, which has led many marketers to move the production base elsewhere, such as neighbouring and border areas.

Although the government has introduced other supporting measures, such as technical training and development, it can not take care of the needs of various manufacturers.

Ban said that the textile industry had moved the production base to neighboring countries.

A wide range of operation machinery, involving a wide range of production lines, high relocation costs, such as spinning, weaving and dyeing factories, such factories should actively adjust themselves through the crisis.

In contrast, other labor-intensive industries can immediately decide on the relocation of production bases.