Posted on 05/27/2013 8:24:29 PM PDT by TexGrill
Despite a three-fold rise in Thai investment in Australia over the past two years, Australian firms are still under-invested in Thailand due to the low productivity of labour and higher logistics cost, the head of the Bangkok-based bilateral business body said.
"Thailand has to get very serious about productivity, the days of cheap labour are over…Thailand has to be a lot smarter and get a lot better at training, especially vocational training" said Leigh Scott-Kemmis, president of the Australian-Thai Chamber of Commerce.
Australia has a very strong vocational training base and as a result Bluescope, a significant Australian steel production corporation and Australian universities have collaborated to construct training programmes to provide essential know-how to the Thai labour force.
Even though a number of Australian firms have successfully penetrated the Thai market, the biggest challenge they face is a lack of skilled labourers in Thailand in the services and manufacturing sectors.
Scott-Kemmis drew attention to the fact that in spite of Thailand producing 800 qualified accounting graduates a year, that number is merely sufficient for the major accounting companies. There are yet demands required by other businesses.
(Excerpt) Read more at nationmultimedia.com ...
Just look at us. People that don’t have degrees are literally looked down upon. We use test-based performance indicators to push people into colleges when a good percentage of all the jobs shouldn’t require college education.
Then we functionally lower the standard to the point that a kid can graduate without knowing how to read or do basic mathematics.
Thailand has a minimum wage of 300 Baht a day (roughly $10)
The Thai Baht is a strong right now which is hindering foreign investment. In 2009 you could get 20,000 baht from a Thai Bank ATM for $600, now you get somewhere between 17,000 to 18,000 Baht for the $600. Making it more expensive for expats.
But there is a steady flow of workers from Cambodia, Laos, Burma, and Malaysia to take advantage of the high wages in Thailand.
That being said, there is also strong opposition to implementing progressive management techniques as that is not the “Thai Way”.
Oh!
Thought this thread wuz about something else.
Never mind...
Judging by the author’s last name, the schools must be spending an inordinate amount of time just calling the roll before class can start. :=)
Could be ... considering its Thailand we’re talking about.
Yep and when I freep the author’s name I have no choice but to copy-and-paste it, because no matter how hard I try I can’t recall how to spell it.
I don’t think training is required for “something else” that’s all ‘on the job’ training anyway!
Tru dat...
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