AEC 'won't bring foreign takeover' | Bangkok Post: business

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AEC 'won't bring foreign takeover'

TDRI reassures Thais over impact on jobs

  • Published: | Viewed: 1,616 | Comments: 1
  • Newspaper section: Business
  • Writer: Nanchanok Wongsamuth & Parista Yuthamanop
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Thais have a false perception that the Asean Economic Community will immediately open up the service sector to foreign dominance and negatively affect jobs, says a think-tank. 

Thailand Development Research Institute president Somkiat Tangkitvanich said Asean was behind schedule in agreeing how countries can invest in other members' service sectors.

Asean countries have agreed to allow workers of eight professions to freely move to other member countries, but they still have to register and observe domestic requirements in those countries.

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