Sentiment increases in January to 43-month high - News Summed Up

Sentiment increases in January to 43-month high


Sentiment increases in January to 43-month highThe Thailand Industry Sentiment Index (TISI) rose to 93.9 points in January, the highest level in 43 months, up from 92.6 points in December last year as entrepreneurs benefited from the state "Shop Dee Mee Khuen" tax rebate, the tourism recovery and China's reopening. This scheme helped increase demand for goods, said Suchart Chantaranakaracha, vice-chairman of the Federation of Thai Industries (FTI). The January TISI is based on a survey of 1,321 enterprises across 45 industry clubs under the FTI. One measure is to sign more free trade agreements, including one with the EU, said the FTI. "This will enable Thailand to benefit from many trade pacts, similar to Vietnam," he said.


Source: Bangkok Post February 16, 2023 07:58 UTC



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