Industrial confidence up in July | Bangkok Post: Most recent

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Industrial confidence up in July

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The industrial confidence index continued to rise for the third consecutive month in July, to 89.7 from 88.4 in the previous month, according to the Federation of Thai Industries. 

Chairman Supant Mongkolsuthree attributed the optimism to more stable politics as evidenced by higher domestic orders received by small and medium-sized enterprises although some industries saw seasonal declines.

Operators were keen about border trade, plans for special economic zones and the focus on production-cost cuts to improve competitiveness.

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