Thailand's Commerce Minister plans to attract global firms amid the US-China trade war, boosting investments.

Thailand's Commerce Minister, Pichai Naripthaphan, announced plans to attract global companies amid the anticipated intensification of the US-China trade war. He believes Thailand's neutral stance will enable it to benefit from increased investments and exports, particularly as Thai products may replace Chinese goods in the US market. The country has seen a 42% rise in investment proposals this year, mainly in electronics and data centers, signaling strong economic growth prospects.

November 06, 2024
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