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Garment trader turns to land dealing

14
Mar '07
Anand Singjirakul, a garment businessman in Thailand has closed down his garment business and turned to property.

He has to take this decision as he could not cope up with the competition in the world garment market. Since the Chinese producers have entered in the scene few years ago, the prices have lowered 30 to 40 percent than the Thai products in the world market.

Anand's garment business used to generate an income of about Baht400 million a year.


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