consumer spending
- Thailand News
Thailand cracks down on counterfeit engine parts and shampoos
Thailand’s Department of Intellectual Property teamed up with the Economic Crime Suppression Division and representatives from several companies to crack down on counterfeit engine parts and shampoos. Officials seized 12,183 items, worth over 10 million baht, in an operation aimed at protecting consumers from dangerous, substandard products. Arwut Wongsawat, Deputy Director-General of the Department of Intellectual Property, revealed the collaborative…
- Thailand News
Thai consumer confidence hits 11-month low
Thai consumers’ confidence in July continued to decline, marking the fifth consecutive month and reaching the lowest point in 11 months. The consumer confidence index fell from 58.9 to 57.7, driven by concerns over political stability in Thailand. Thanavath Phonvichai, President of the University of the Thai Chamber of Commerce and Chairman of the Advisory Centre for Economic and Business…
- Thailand News
Thai publishing ‘chapter’ of decline amid spending woes
The Thai publishing market faces a predicted decline this year due to economic challenges affecting consumer spending, according to the Publishers and Booksellers Association of Thailand (PUBAT). However, booksellers remain optimistic, identifying potential growth in niche markets. Nattakorn Vuttichaipornkul, Vice-President of Internal Affairs at PUBAT, reported a modest decrease in book sales during the first half of the year. “The…
