Thailand pushes for Australian manufacturing

09-Aug-2012 Intellasia | businessspectator | 7:01 AM Print This Post

The Thai Board of Investment has offered cheap labour to Australian car part manufactures in a bid to lure their business overseas, according to the Herald Sun.

According to the newspaper, Thai board deputy secretary-general Duangjai Asawachintachit told a seminar audience of 30 manufacturing companies wages in Thailand are significantly lower than they are in Australia.

“The minimum wage is 300 baht a day, which is about nine Australian dollars for an eight-hour day,” she said, according to the Herald Sun.

The Australian Car Manufacturers union has expressed concern for the future of Australian car industry.

Fierce competition from Asian Countries has created an “uneven playing field” given their supportive governments, the union claims.

The news comes after the Victorian Employers’ Chamber of Commerce and Industry identified cheap wages as one of the major problems facing Australian manufacturers.

http://www.businessspectator.com.au/bs.nsf/Article/Thai-push-for-Australian-manufacturing-pd20120808-WXVVN?OpenDocument

 

Category: Thailand

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