Home > Business > Branded drive

  • Print
  • Email

Branded drive

The Commerce Ministry is setting up a new project to support new Thai brand-name goods to compete with international brands to increase the value of the country's exports.



The move was prompted by the wide price gap between branded and unbranded products and consumers' perception that brand-name products are of higher quality, which they are willing to pay a premium for.

Rachane Potjanasuntorn, director-general of the Export Promotion Department, said the Commerce Ministry would set up a special programme to help local companies create their own brands and bring them up to international standards.

"Brand-name goods are not only key to increasing export value; they are also a sustainable way to drive business growth once overseas buyers have brand recognition," Rachane said.

To help achieve this, successful local brand-name manufacturers will help the ministry train small and medium-sized enterprises in how to create a brand image to gain international recognition.


{literal} {/literal}

OTHER BUSINESS



Advertisement {literal} {/literal}

{/literal}

Search Search

Privacy Policy (c) 2007 NMG News Co., Ltd.
1854 Bangna-Trat Road, Bangna, Bangkok 10260 Thailand.
Tel 66-2-338-3000(Call Center), 66-2-338-3333, Fax 66-2-338-3334
Contact us: Nation Internet
File attachment not accepted!