Gantry cranes are pictured next to shipping containers at the Bangkok Port in Klong Toey on Jan 28. (Photo: Bloomberg)
Thailand’s Manufacturing Production Index (MPI) is expected to increase this year, driven by exports, despite sluggish manufacturing expansion in 2023 due to an economic slowdown.
Though the indicator contracted by 5.1% last year, following a year-on-year decrease of 6.2% in December to 87.76 points, exports of industrial products are showing a positive sign.
The exports, excluding gold and weapons, grew for the third consecutive month in December by 3.22%, said Warawan Chitaroon, director-general of…
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