Thailand’s industrial downturn: Almost 2,000 factories have closed in the past year

Thailand’s industrial downturn: Almost 2,000 factories have closed in the past year

Thailand’s manufacturing sector is taking a hit with almost 2-thousand factories closing in the past year.
The economy may slow down even further in the coming months, as industries struggle with rising costs and increasing competition from China

Al Jazeera’s Wayne Hay reports from the capital Bangkok.

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