The ASEAN Economic Community or the AEC is just around the corner and for some countries, especially Thailand it is a huge deal. Now for those who don’t know what the AEC is, it is time to come out from under the rocks and face the inevitable change.
These days in Thailand, the news headlines are full of talks about the AEC and how it is going to affect just about everything from local and international business to even labor laws and policies. The main motive: to prepare the country to be able to compete and thrive against the other members of the community by the year 2015. The integration undeniably poses both opportunities and challenges for the country.
Also read: Why Thailand is crazy over AEC.
The current government has been persistent in their efforts to enhance Thailand’s reputation by outlining key strategies, but is Thailand even near ready for the AEC? Let’s take a close look at the status in different categories.