PUBLISHED : 22 Oct 2024 at 05:44
The government needs to have foreign e-commerce platform operators registered as legal entities, as well as better control the influx of low-cost products into Thailand which is reducing sales among local manufacturers, says the Federation of Thai Industries (FTI).
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PUBLISHED : 22 Oct 2024 at 05:44
The government needs to have foreign e-commerce platform operators registered as legal entities, as well as better control the influx of low-cost products into Thailand which is reducing sales among local manufacturers, says the Federation of Thai Industries (FTI).
The measures were suggested after the federation’s latest survey of 175 entrepreneurs and members of the FTI found 35.1% of respondents saw their sales drop, following inexpensive imports sold via the online platforms.
“The impact is clearly seen in garments, furniture, plastic products and…