Mr Poonpong states the circular economy method improves organization competitiveness by lowering production expenses and enhancing the performance of resource utilisation in production items and services. The personal sector is being urged to embrace circular economy concepts for service operations to minimize expenses, boost effectiveness and produce earnings from ingenious company designs. Poonpong Naiyanapakorn, director-general of the Trade Policy and Strategy Office, stated the circular economy idea was presented in action to the continuous advancement of innovation and quickly altering customer needs that impact the economy, society and the environment. The idea promotes an financial system where resources, products and items left over from production or usage are reintegrated to extract brand-new advantages. Implementing circular economy practices assists lower the ecological effect by boosting the performance of production and usage procedures in both the commercial and farming sectors. The method reduces waste and promotes the usage of resources sustainably, contributing to ecological preservation and energy performance, he stated. Mr Poonpong stated a circular economy method likewise improves competitiveness by lowering production expenses and enhancing the performance of resource utilisation in production items and services. The technique crea
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