Value-added tax expanded 9.8% from the same period last year, while consumer product imports rose 28.6%, according to the office’s director-general Naris Chaiyasoot. Durable goods sales also rose, particularly due to brisk automotive demand which increased 49.6% on year thanks to higher farm goods prices as well as improvement in the job market. The Nation
Southeast Asia's economic future looks promising, largely due to its demographic advantage. With a young and dynamic workforce, a burgeoning middle class, and rapid urbanization, the region is poised for sustained growth and development in the coming years. Discover how these factors contribute to Southeast Asia's bright economic prospects.
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