K-Research: Restructuring of industrial sector required

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The story "K-Research: Restructuring of industrial sector required" was covered 1 weeks ago by Bangkok Post, a news publisher based in Thailand.

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Bangkok Post 1w ago

K-Research: Restructuring of industrial sector required - Bangkok Post

Quick Summary:

Kasikorn Research Center (K-Research) predicts Thailand's Manufacturing Production Index (MPI) will contract by 2% this year, marking the second consecutive year of decline.

But as of June 17, only 33% of the investment budget had been disbursed, compared to 50% in the same period of the previous fiscal year, according to the Budget Bureau's data.

"The relocation of Chinese production bases to other countries, including Thailand, if the US raises tariffs on Chinese imports may not materialise.