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Foreign investors eye business in Thailand as hotels face closure during new outbreak
An 8% increase in exports is expected for March fueled by online officials connecting foreign buyers with Thai exporters. Commerce Minister Jurin Laksanawisit touted the success of this plan to have officials working as salesmen to promote Thai products worldwide, the results of which produced 14.4 billion baht in exports last year. The Trade Policy and Strategy Office will release official numbers tomorrow, but the Commerce Ministry and key business groups painted a positive picture, leading to the 8% estimate.
An upward path is predicted, contrasting with sales figures nearly a year ago, when Thai exports were down 22% in May and 23% in June as much of the world went into Covid-19 lockdown. The freefall ended, but figures still inched downward for the rest of 2020, until December when some growth was finally seen, with a 4.7% increase in exports. January saw a very minor increase…
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