“This information shows that the situation is not as gloomy as reported. A total of 84,033 jobs were created by new businesses and an additional 84,704 jobs to support expansion of existing factories while unemployment due to factory closure stood at 35,533 persons.”
He added that new investment in the factory business was Bt431.2 million, an increase of 36.6 per cent over last year.
“Thais should not be alarmed by this one-sided information” he stressed. “It is entirely wrong to say that the factory sector is shrinking.”