The government is being advised to come up with more attractive investment perks to lure foreign companies ravaged by the ongoing trade row to relocate their production bases to Thailand. "In times of trouble like this, many foreign companies are believed to be seeking greener pastures for investment," he said. More than 40% were considering moving their manufacturing facilities out of China or had already done so, AmCham China said. Mr Thosaporn said the trade war is likely to change the production base of the world for electronics products from China to Southeast Asia. The relocation would become especially visible in the latter half of this year when the trade war is expected to become heightened.

Source: Bangkok Post May 26, 2019 23:03 UTC