Thailand unveils 'relocation package' to draw firms hit by trade war
BANGKOK (Reuters) - Thailand announced a relocation package on Friday to attract foreign companies looking to moved production due to intensifying Sino-U.S. trade tensions, seeking to compete with Vietnam to lure manufacturers hit by tariffs.
The Thai government seeks to boost Southeast Asia’s second-largest economy which grew at its weakest annual pace in nearly five years in the second quarter as exports tumbled.