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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