FOOTWEAR
Shoe exports unaffected by wages
- Published: 14 Jan 2013 at 00.00
- Newspaper section: Business
Despite adverse effects from the nationwide hike in the daily minimum wage, exports of shoes and leather products are expected to grow by 7% this year, higher than in many recent years, says the Thai Footwear Association (TFA).
President Chanin Jitkomut said the healthy growth is thanks to government stimulus measures, particularly the revival of the Bangkok Fashion City project originally initiated by the Thaksin Shinawatra administration.
Last year, the value of exports totalled 20 billion baht.
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