Tourism, real estate among 5 industries that grew the most in 2023
Five industries experienced significant growth this year, while three others were suffering huge contraction, the Ministry of Commerce’s Department of Business Development said on Friday.
Department director-general Oramon Sapthaweetham said that the five industries that saw the biggest expansion in the past year were:
▪︎ Tourism (growing 64% year on year), including tour guides, travel agencies, hotels, resorts, spas, and foreign currency exchange
▪︎ Real estate (up 36%), including real estate developers and real estate agents
▪︎ Herbal products (up 33%), including herbal medicines, fragrances, and spices
▪︎ Electrical and electronic installations (up 25%)
▪︎ E-commerce (up 19%)
The Nation Reporter
