Thursday, March 04, 2021

Business sector to see average 2.1 per cent revenue growth this year after dismal 2020

Feb 20. 2021
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By THE NATION

Total revenue of business enterprises in Thailand in 2021 will increase 2.1 compared to last year, but would still be 14.6 per cent lower than in 2019, according to TMB Analytics.

 

The businesses that have recovered will grow 2.8 per cent this year, businesses that are recovering will grow 2.5 per cent, while those that have not recovered will contract 1.2 per cent.

 

The recovered businesses include food, livestock, rubber, electronics, health, IT and telecommunication, online shopping and delivery.

 

The businesses TMB Analytics considers as still recovering were packaging, drink, construction materials, chemicals, automobiles and auto parts, machine, agricultural products, and energy.

 

Businesses yet to recover include paper and printed media, assets, furniture, personal service, aerial transportation, fashion, and tourism.

 

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