Saha Pathanapibul Plc, one of the country's leading consumer goods companies, has expressed its concern that ongoing floods and political uncertainty in the country may negatively affect consumer spending power during the peak sales season this year.
According to Boonchai Chokwatana, the company's chairman, consumer sentiment recovered on a monthly basis once the government eased its Covid restrictions, especially its recent decision to lift the nationwide state of emergency on Oct 1 thanks to a decrease in the number of new Covid-19 cases.
