Post by account_disabled on Jan 6, 2024 13:16:37 GMT 5.5
The Office of Industrial Economics (OIE) revealed that the Industrial Production Index (MPI) in August 2019 shrank by 4.4 percent compared to the same period last year , which was affected by the global economic and trade trends that continued to slow down Mr. Aditat Wasinon, Deputy Director of the Office of Industrial Economics (OIE), revealed that the Industrial Production Index (MPI) in August 2019 shrank 4.4 percent compared to the same period last year. The main industries that have a negative impact on the MPI Index in August 2019 are automobiles and engines. electronic components other rubber products, basic iron and steel, and sugar, mainly due to the effects of the continued slowdown in the world economy and trade and orders from foreign markets that have slowed down. Resulting in the export of industrial products (excluding gold) shrank by 9.2 percent when compared to the same period last year. As for industries where production is still expanding well, they include hard disk drives, frozen food, drinking water, liquor, and palm oil. Key industries that continued to expand in August include: Hard disk drive expanded by 12.66 percent from the same period last year.
This is because some manufacturers have received more production orders after the closure of their production base in Malaysia since April 2019, as well as investments in the digital economy that are likely to increase and the development of high-capacity hard disks that meet the needs of more customers frozen seafood Expanded by 14.04 percent from the same period last year. From frozen fish, shrimp and squid Email Marketing List products that received orders from the domestic market and manufacturers have expanded into the modern retail market. and large restaurants Including increasing distribution channels in the online market in the ready-to-eat food product category, drinking water grew by 9.94 percent from the same period last year. It expanded in almost every product, except mineral water, because last year some manufacturers closed for major maintenance.
In addition, the government is preparing to increase the sweetness tax for the second time, which will come into effect on October 1, 2019, as well as the trend of increasing consumer health care. Liquor grew by 25.16 percent from the same period last year. from white liquor and mixed liquor products This is because entrepreneurs have marketed by adjusting the product image and releasing new products. which received a good response resulting in more orders Including planning to expand the market abroad. Especially exports of mixed liquor to Vietnam, Burma, the Philippines, and plans to expand the market to Japan and South Korea. Palm oil expanded by 9.89 percent from the same period last year. from crude palm oil products The climate causes many palm trees to flower and bear fruit. Farmers can harvest palm fruit with increased oil concentration. Makes it possible to produce large amounts of crude palm oil. Including government policy that has supported the use of high speed diesel fuel types B7, B10, B20 and B100 and electricity production.
This is because some manufacturers have received more production orders after the closure of their production base in Malaysia since April 2019, as well as investments in the digital economy that are likely to increase and the development of high-capacity hard disks that meet the needs of more customers frozen seafood Expanded by 14.04 percent from the same period last year. From frozen fish, shrimp and squid Email Marketing List products that received orders from the domestic market and manufacturers have expanded into the modern retail market. and large restaurants Including increasing distribution channels in the online market in the ready-to-eat food product category, drinking water grew by 9.94 percent from the same period last year. It expanded in almost every product, except mineral water, because last year some manufacturers closed for major maintenance.
In addition, the government is preparing to increase the sweetness tax for the second time, which will come into effect on October 1, 2019, as well as the trend of increasing consumer health care. Liquor grew by 25.16 percent from the same period last year. from white liquor and mixed liquor products This is because entrepreneurs have marketed by adjusting the product image and releasing new products. which received a good response resulting in more orders Including planning to expand the market abroad. Especially exports of mixed liquor to Vietnam, Burma, the Philippines, and plans to expand the market to Japan and South Korea. Palm oil expanded by 9.89 percent from the same period last year. from crude palm oil products The climate causes many palm trees to flower and bear fruit. Farmers can harvest palm fruit with increased oil concentration. Makes it possible to produce large amounts of crude palm oil. Including government policy that has supported the use of high speed diesel fuel types B7, B10, B20 and B100 and electricity production.