This year, more study is needed into the details of the scheme and the possibility of a longer period for the tax break,” Prayut said. Prayut said that several macroeconomic factors, including an increase in exports, had enabled the people to gain direct benefits from improved economic indicators. Among solutions to this problem is to have rubber fit domestic demand without resulting in oversupply, the Prime Minister said. The government was now promoting the use of domestic rubber in automobile tyre production and in plant expansion, he said. The rises reflected the uplift in Thai economic growth, which has spurred production in the manufacturing sector, Nattaporn said.

Source: The Nation Bangkok October 31, 2017 18:00 UTC