There will be an increasing of business competitors and overall intense
market competition. This will happen because other ASEAN nations also have same exportation
structure as Thailand such as tax and other trade facilitation thus, other ASEAN countries will
become Thailand’s competitors. Consequently, business sectors need to compete with each
other by developing their business efficiency and standard of their products and services.
Personally, this point for standard of products and services I think Thailand will not have to
worry too much becuase there are so many prominent points and strenghts of Thailand both in
industrial sectors such as agricultural and manufacture products and services sector such as
tourism, hotels, medical, spa, and Thai traditional massage. However, Thailand should not be
ignoredother competitors. Every sectors should focus on customer services by paying attention
to target markets and target customers like I already mentioned earlier. Also, the improvement
of products and services has to always be done. Government can support this by heavily invest
in market research and spread information about this to all business sectors. All medias have to
be involved in order to make both business sectors and citizen realised about AEC and its
impact towards themselves and country. Consequently, Thailand will gain competitive
advantage with sustainable growth from being part of AEC community.
There will be an increasing of business competitors and overall intense
market competition. This will happen because other ASEAN nations also have same exportation
structure as Thailand such as tax and other trade facilitation thus, other ASEAN countries will
become Thailand’s competitors. Consequently, business sectors need to compete with each
other by developing their business efficiency and standard of their products and services.
Personally, this point for standard of products and services I think Thailand will not have to
worry too much becuase there are so many prominent points and strenghts of Thailand both in
industrial sectors such as agricultural and manufacture products and services sector such as
tourism, hotels, medical, spa, and Thai traditional massage. However, Thailand should not be
ignoredother competitors. Every sectors should focus on customer services by paying attention
to target markets and target customers like I already mentioned earlier. Also, the improvement
of products and services has to always be done. Government can support this by heavily invest
in market research and spread information about this to all business sectors. All medias have to
be involved in order to make both business sectors and citizen realised about AEC and its
impact towards themselves and country. Consequently, Thailand will gain competitive
advantage with sustainable growth from being part of AEC community.
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