(Reuters photo)Thailand's top consumer goods manufacturer Saha Group expects sales to improve next year as government spending drives growth in Southeast Asia's second-largest economy, its chairman said. "I believe the economy next year will be better ... our sales should be good," Chairman Boonsithi Chokwatana told Reuters, without giving any specific numbers. Saha Group consists of more than 200 companies, including Saha Pathanapibul Pcl and Saha Pathana Inter-Holdings Pcl (SPI), selling a range of products from lingerie to instant noodles. Its 15 listed firms reported a combined sales of 95.6 billion baht ($2.88 billion) in 2016. In line with this, Saha Group will invest over 2 billion baht in warehousing and logistics over next year.

Source: Bangkok Post October 11, 2017 11:15 UTC