Mooncake Sales to Shrink by 16%
Mooncake sales are shrinking by about 16% due to economic problems, the Kasikorn Research Center said.
Mooncake sales are shrinking by about 16% due to economic problems, the Kasikorn Research Center said.
Exports in the first half of this year dropped by 7.09% due to COVID-19 impacts and the Commerce Ministry expects the exports will bottom out in the second half.
Thailand’s economy contracted 1.8 percent in the first quarter and projected to shrink 5-6 percent this year, says the National Economic and Social Development Board (NESDB).
The University of the Thai Chamber of Commerce (UTCC) expects Thai exports to shrink by 0.9-2.4 percent this year.
BANGKOK, Jan 27 — Thailand’s Department of International Trade Promotion reported that