Positive sentiment among Japan firms in Thailand at six-year high

Positive sentiment among Japan firms in Thailand at six-year high

NNA/KYODO

BANGKOK – Japanese companies operating in Thailand are upbeat about the business climate thanks to recovery in the automobile sector and its spillover effects to other sectors, with a diffusion index for the second half of this year reaching the highest level in six years.

The index for the direction of the business climate in the July-December period rose to 40, up four points from the first half of this year, for the sixth straight half-year improvement, according to a survey by the Japanese Chamber of Commerce, Bangkok. It was the highest positive figure since the latter half of 2012 when the index stood at 41.

According to the survey, the indexes for manufacturers and nonmanufacturers in the latter half of this year came to 36 and 45, up from 32 and 41 from the first half, respectively.

Full story: https://www.japantimes.co.jp/news/2018/08/07/business/positive-sentiment-among-japan-firms-thailand-six-year-high/

-- Japan Times 2018-2018-08-07