Tile maker resorts to more export activity | Bangkok Post: business

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Tile maker resorts to more export activity

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Sosuco and Group (2008) Co, the tile maker, will focus more on exports next year, as domestic consumption is slowing with the first-time car buyer scheme sapping consumer spending power. 

Managing director Kittichai Kraikokit said purchasing power is declining with so many Thais buying new cars to capitalise on the tax-rebate offer.

"For Thais, changing tiles or renovating the home always runs second to buying a car. Home renovation can wait, but buying a new car cannot," he said.

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