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ปักธง 'อาเซียน' หมุดหมายใหม่ของการเติบโตทางธุรกิจ
bangkokbiznews
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7/26/2023
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Transcript
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00:00
The economy of Thailand may continue to grow,
00:05
but there are still some limitations in terms of business opportunities.
00:10
So, the investors may have to consider the option of investing abroad.
00:15
Today, we will take you to find a way to support ASEAN
00:18
with the new policy of business growth with ASEAN Connect.
00:22
First, the employment policy.
00:29
There is a high chance that Thailand will have a lower wage,
00:33
which will affect the investment of the investors.
00:37
While the opportunity to create income in the country is starting to fill up,
00:40
we will see that Thai companies are interested in expanding their business abroad.
00:46
This is in line with the vision of the UN,
00:49
because there is a study from the UN that says that
00:51
business 4 out of 5 is interested in expanding abroad in the next 3 years.
00:57
Businesses in Indonesia, China, Vietnam, and Thailand are interested in expanding abroad.
01:03
The main targets in ASEAN are Singapore, Thailand, and Malaysia.
01:09
The industries that are most interested in expanding abroad are
01:13
oil and gas, shipping and export, IT, communication, and telecommunications.
01:20
The main reasons that make businesses interested in investing abroad
01:25
are the first, which is the increase in profit.
01:28
Think of it as 64%.
01:30
Next is the increase in income.
01:33
The main reason is to create awareness in the global market
01:37
and to spread business to other countries.
01:40
Finally, it is the policy and the benefits from the government that will be given to the business.
01:46
With the slowdown in global economy this year,
01:48
in addition to facing risks such as declining economy,
01:51
tightening relations between the US and China,
01:55
and the conflict between Russia and Ukraine,
01:57
but we can see that from the good basic factors,
02:00
ASEAN can prevent the recession in the currency market in the past year.
02:07
The OECD estimates that the growth of the main economies in the ASEAN group,
02:13
which are Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam,
02:17
may grow by 5% in 2065,
02:21
slightly less than in 2005-2006, when it grew by 6%.
02:25
While the more tight-knit ASEAN-T alliance
02:28
will create more unity in the region,
02:31
and strengthen the ability to compete.
02:33
There are three main points.
02:35
The first is the long-term alliance
02:38
that will occur through the development of basic infrastructure
02:40
to support logistic activities.
02:43
The second is the compatibility in the ASEAN.
02:47
In 2055, the value of the currency is 2.4 billion USD.
02:52
In the past 10 years, in 2065,
02:56
the value of the currency increased by 3.8 billion USD,
03:00
which is more than 50% in the past 10 years.
03:04
Especially in ASEAN-6,
03:07
the value of the currency is 98% of the total value of the currency in ASEAN.
03:12
And the last point is the investment and the continuation of the currency.
03:16
In 2005-2004,
03:18
the FDI flowed into ASEAN,
03:20
more than 179 billion USD.
03:23
Mainly from the United States at 22.5%,
03:27
followed by the European level at 14.8%,
03:30
and the investment in the ASEAN group at 13.1%.
03:34
Most of the money flows into the currency and interest rates up to 32%.
03:39
In addition, it also comes in the 25.8% and 13.5% production range.
03:44
While the FDI currency grew to 428%
03:48
in the era of Work From Home.
03:51
For the most advanced and outstanding compatibility in the ASEAN currency,
03:55
it is the use of the local currency in the purchase of goods
03:59
or the Local Currency Settlement, LCS.
04:02
The compatibility of all three,
04:05
and the use of LCS, the UOB,
04:08
will play a major role in the prosperity of the ASEAN society
04:12
and the growth of the economy.
04:15
Having good compatibility will make it easier for the operators
04:18
to expand their business abroad,
04:21
whether it is a small or large business.
04:24
The UOB bank also has a strong trading network.
04:28
This is probably the key to enter the door to ASEAN
04:32
or even the door to other countries.
04:35
This will be a strong point for operators
04:38
to expand their business abroad more easily.
04:42
[Music]
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