Economy April 22, 2014 00:00

By The Nation

Fall in Thai cabin factor

Thai Airways International Plc’s cabin factor last month fell to 68.7 per cent from 80.3 per cent in March last year, prompting its revenue passenger per kilometre to slide 18.4 per cent year-on-year due to the prolonged political unrest.
On regional routes, the cabin factor dropped to 68.3 per cent from 81.9 per cent and on international routes to 69 per cent from 79.1 per cent. Local routes fell to 79.9 per cent from 68.9 per cent. Passengers declined 20.5 per cent to 1.59 million.
Post-visit boom seen  
Thai spa products, footwear and cosmetics traders could achieve immediate sales of Bt12.4 million after their first visit to Cambodia with the Foreign Trade Department’s mission.
Bangjongjit Angsusingh, deputy director-general, said yesterday that 23 SMEs in those industries received a warm response during their visit to Siem Riep and Phnom Penh, as Thai products are highly recognised for their good quality and are accepted in the Cambodian market.
“Thai enterprises have not only achieved good sales from the mission, but also got trade partners under business-matching with Cambodian enterprises and trade associations,” she said.
The department urges more firms in those industries to urgently penetrate the Cambodian market, as demand is high for healthcare products, footwear and cosmetics. 
Thai products have better opportunities in the market with good quality and variety.
Close watch urged 
Caretaker Prime Minister Yingluck Shinawatra yesterday chaired a Cabinet meeting on the economic situation and the government’s disbursements and expenditures. She called for closer monitoring of the economic situation as it has started showing signs of fraying. 
“I want to urge all concerned agencies to follow up on and solve economic problems and remove any other obstacles to limit negative impacts. Private investment and confidence have declined significantly. The government should work hand in hand with the private and public sectors to find solutions,” she said. Separately, Arkhom Termpittayapaisith, secretary-general of the National Economic and Social Development Board, has specifically been told to resolve economic problems in cooperation with other ministries as well as the private and public sectors.