Exports down for fifth straight month in Feb
Thailand’s industrial sentiment in March reached its highest level in a decade, boosted by a rebound in domestic demand and tourism, but high costs, slowing global growth and baht volatility were a worry, the Federation of Thai Industries (FTI) said on Wednesday.
The FTI’s industries sentiment index rose to 97.8 in March from 96.2 in February, when it had returned to levels before the Covid-19 pandemic began.
Southeast Asia’s second-largest economy is expected to continue recovering, driven by the vital tourism sector and consumption, the FTI said.
“Entrepreneurs are less concerned over the domestic economy as domestic consumption and tourism…
