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Thailand’s imports of luxury and beauty products up 40 percent in first half of this year

Thailand’s imports of luxury and beauty products up 40 percent in first half of this year

30 Sept 23:07 Key points summarised by AI
  • Thailand's imports of luxury and beauty products surged 40% in the first half of 2023, reflecting a positive economic sentiment.
  • This significant increase is attributed to rising consumer purchasing power and a strong rebound in the tourism sector.
  • The Customs Department also reported an overall 27.7% rise in import tax collection, further underscoring the nation's economic growth.
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