From the beginning of this year, Thai Baht(B)s of situation that value of money go strong rapidly force Thailand some enterprise is it stop doing business and dismiss workers to claim because of losing money and lacked the question of the circulating fund, among them the number of people which some factories dismiss is even up to thousands of. Some enterprises may be forced to stop doing business too in the future.
Safe peasant Hua research center points out here , extensive worried that above-mentioned phenomena have caused and brought chain blow to Thai economy, if Thai Baht(B) continues appreciating by a wide margin , would produce more serious blow to the bad debt problems of the enterprise , employment and financial institution, and then cause domestic consumption to slow down and increase.
At present, if the clothing industry , shoes industry , leather manufacturing industry face the problem that the competitiveness is weakened for the intensive industry of the workforce of Thailand, namely compared with such low cost countries as China , India and Vietnam,etc. the labor cost is in the inferior position position, Thai Baht(B) appreciates and sharpens the question that existed originally with higher speed, force enterprises to stop doing business.
The problem that every Thai industry faces at present, first, cause the factor that enterprises manage or must stop doing business continuously, second, under the situation that the industrial structure changes, how should Thai enterprises adjust.
The first half of this year, though Thai domestic consumption increases and slows down, but most important industries , especially technological products (such as electronic product, automobile, steel, chemical product and plastic products), agricultural products and output value of processing food increase well under exporting the support increasing.
There are the reason impelling export of these industry to realize growths, first, the international economy increases steadily and surely, market demand and product cost increase well; Second, the factor of the products, such as export of the rice , sugar and cassava being benefited because the important rival's country encounters the production question, and when the domestic demand is depressing, for instance, the steel has been strengthened and exported for the products.
On the other hand, some industries have increased and slowed down or reduced such as the output value of the clothing , jewellery and tinned fruit, its main reason is that competitiveness drops and depends on the export , especially American market unduly, Thai Baht(B) has appreciated and attacked these industries seriously. In addition, the output value of having some industries is influenced by the fact that the output drops the factor such as the rubber and pineapple tin, and the noble metal ornament has been cancelled the general favor by U.S.A. to make favourably .
Thai peasant Hua research center thinks , besides influence factor of the industry, enterprises exert an influence on their management too , must stop doing business from some textile mills and shoes-making factories by own factor, the order amount of some similar enterprises can see a spot while increasing to some extent . Analyse that causing these enterprises , especially labour-intensive enterprises can be found after the reason the clothing and shoes-making factory stop doing business, these competitiveness on the global market of enterprise has already been weakened to some extent before this, and has encountered the competitions of labor cost and low cost since going over, rival's country compares the question in inferior position, but has not adjusted actively , rely on weak tendency Thai Baht(B) after the economic crisis manage export trade only.
Analysed that can be found after the state of development of Thai enterprises over the last ten years, Thai Baht(B) appreciated not to cause the main factor which Thai enterprises be unable to compete with foreign rival's looks. Enterprise competitiveness that comprehensive function produce by many kinds of factor, for instance price and level , quality level and deliver efficiency ,etc. of products of cost. On the market relying mainly on price competition, enterprises must try every means to reduce the unit cost of the products , this means improving the output that the per unit is put into .
At present, compared with main rival's country, the labor cost of the Thai manufacturing industry is relatively high, for instance: The average workforce's price is about 45% higher than Vietnam, about 15% higher than China and India. For this reason , improve the production efficiency of Thai enterprises and make it surmount rival's country, will help another way which Thailand can compete for with the above-mentioned countries that produce the like product.
Economics expert propose here, in Thai Baht(B)s of value of money tend to further under the strong situation, Thai enterprises must try every means to adjust management and administration , improve the competitiveness , by tackling the competitions of the economic globalization and liberalization of trade on the world market.
(Source: Chinese leather network )
