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Local investors leaving Thailand

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Local investors are streaming out of Thailand to take advantage of preferential trade arrangements in neighbouring countries, the Thailand Development Research Institute (TDRI) reported. 

Somkiat: Minimum wage deters firms

TDRI president Somkiat Tangkitvanich said local businesses are moving to Myanmar, Laos, Cambodia and Vietnam where they can enjoy export incentives for goods sold to the United States and Europe.

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