New factory registrations drop in Q3

The Covid-19 pandemic has presented an unpleasant picture for new factory registrations, with a sharp decrease in new factories and facility expansions in the third quarter of 2021, according to the Department of Industrial Works (DIW).

From October 2020 to June 2021, factory expansion projects decreased by 70.23% year-on-year to 209 factories while the number of factory registrations went down by 6.33% year-on-year to 1,894 factories.

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Bangkok Post Reporter