The industry is that capital and labor to produce or provide services, such as the textile industry. In the age of Victoria Historians call the industrial revolution that time period with a lot of shoulders, and make the industry grow fast and in a hurry pages have the same standards as all of the mess. Currently, the industry is considered to be one of the things that are needed in humans, especially with that man must rely on production of things necessary for everyday life. Many people strongly believe that good because Thailand has good infrastructure developments such as roads used in traffic, electricity and water are through uninterrupted. The people living in better convenience. If the government has a policy that it will create attraction for foreign investment in the country, such as reducing tax rates and wages of skilled labor. So, it will result in a new work place and it needs more workers to come to work in the company, eliminates the problem of unemployment. Policy to promote education on the use of technology to enhance the student will have a good future workforce.
The electronics industry in the country in more than 40 years, Thailand has started when the Government carried out a policy of import substitution industries development from 1961 until now. Industrial electronics production arising mainly electric appliances, electronic and home appliances such as radio tuner TV tuner. Fridge fan by bringing the finished parts ceremony so come from takes up 1987 foreign investment grew rapidly. Thailand is becoming a country of manufacture of electronic and electrical products. Both to local and for export until during the economic crisis in Asia when 1997 Industry in this group started slowing down, because the countries of this group who purchased in foreign countries has reduced supply and competitiveness in price from competitors such as the People's Republic of China and Viet Nam, etc. The electronics industry is divided into 4 steps. Following initial industry is centered around a central stage, furnish industry is the production of circuit boards and printed circuit industry is comprised of end devices, electronic components onto the circuit plate printed circuit plate is finished and industrial products, and the production is continuous. And when the electronics industry grows to meet the needs of consumers. At present, not to mention high-tech item is very popular. However, these high-technology goods not only are bulky, they often contain toxic materials such as lead and mercury. If the e-waste is not taken
care of properly, it can cause pollution and health hazards. The Basel Action Network is a private group focused on halting the trade in toxic goods, particularly waste goods. Executive director Jim Puckett says the world needs to take urgent measures to end toxic trash. “The industry has built in obsolescence unfortunately, so we're seeing things become waste quicker than every before," Puckett said. "Computers now have a life span of about two years now in the North; many mobile phones are turned over within six months when somebody wants to newest model. So we are creating a mountain and we're not going to stop people from consuming. So the first thing we need to do is to get the toxic materials out of the equation”. When the problem with the waste from the electronics industry. Starting big, it should be the policy to help resolve the problem. “If you start investing and recycling and reusing these materials, you actually begin to look at turning a problem into an opportunity; you start creating jobs, you start reducing the amount of metals that leaves the cycle of our economy, you can reuse them," Steiner said. "So those are all advantages if you begin to manage electronic waste not as we see from industrialized countries to least developed countries without legislation” IN addition, e-waste has become an illegal trade with high profits. Some companies get rid of their waste by exporting to the country of poverty that, instead of being treated or recycled it in heap pit landfill and toxic materials can be washed out in water and soil.
The baht on investment
issues that would be discussed quite a lot in this period. There would not be the subject of the baht.Who appreciated steadily. Since the beginning of the year until mid-April. The baht has appreciated over 6%, almost the highest in the region. Although weakened somewhat towards the end of last month. But compared to the year ago. The baht continued to appreciate by more than 4% of its exports, which have been directly affected by the appreciation of the baht. This makes the revenue being recovered from exports in baht currency dropped already. In terms of investor Especially those who are investing abroad. Any impact from the baht appreciation as well. Due to loss of foreign exchange into the return on investment in the overall decline
simple example, such YTD Index S & P 500 in the US rose more than 12% denominated in dollar. US $ But when converted back to the baht already. Return is just about 8%, or a loss of foreign exchange to offset the 4% yields should be reduced or if the foreign investment at a loss. The baht's appreciation. It will make a return on investment loss much more. For example, gold Gold in global markets since the beginning of the year. Dropped about 11%, but the price of gold bullion in the country. Back dropped to about 15% due to losses from foreign exchange to further itself in contrast. On condition that the baht has weakened. According to invest in foreign assets. It will affect foreign exchange earnings into further. For example, in 2548 the Thai baht depreciated by more than 5% in the price of gold bullion. Has risen to about 24%, while the price of gold on world markets rose to only about 18% of the foreign exchange market. As markets are very volatile. To speculate or predict that. Gain or loss on foreign exchange. May be hard to do. To reduce the risk of foreign exchange. The Foreign Investment It should be protected from exchange rate risk (hedging) with the use of derivative financial instruments such as futures contracts, forward or swap, which will reduce the volatility of returns on their investments abroad.
Minimum wage story is just one of the factors in the resolution unfair economic. The social welfare system, and must be subject to controls to help with living costs, supplementary. To correct the inequality of income The State does not have a system of labor pharadulae only approximately 10 million people only. If the Government still need to take care of the workers outside the system for more than 25 million people, and 25 million people to this basic welfare system, as well as workers in the system, however. Advantages of floating, payroll system exists. Example If the economy does not grow according to the target, and the competition is not difficult for a State to have a budget support system benefits as well and this is what they saw each other for the European countries. Many countries with public debt crisis and unemployment over 10%, while the employment system and the lack of a minimum wage is not flexible to respond to changing economy.
Minimum wage story is just one of the factors in the resolution unfair economic. The social welfare system, and must be subject to controls to help with living costs, supplementary. To correct the inequality of income The State does not have a system of labor pharadulae only approximately 10 million people only. If the Government still need to take care of the workers outside the system for more than 25 million people, and 25 million people to this basic welfare system, as well as workers in the system, however. Advantages of floating, payroll system exists. Example If the economy does not grow according to the target, and the competition is not difficult for a State to have a budget support system benefits as well and this is what they saw each other for the European countries. Many countries with public debt crisis and unemployment over 10%, while the employment system and the lack of a minimum wage is not flexible to respond to changing economy.