THAILAND: Retailers Call For Protection From Foreign Companies
A top Thai Rak Thai party official said consideration would be given to protecting Thai retailers against competition by large foreign-owned businesses, the Asia Intelligence Wire reported. He said the Alien Business Act may have to be amended to put a limit on the extent to which the retail sector is liberalised. He did not say how or when the Act would be amended. Small and medium-sized Thai retailers have complained that large foreign-owned retail operations such as Lotus and Carrefour are driving them out of business because they cannot compete.
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