Consumers spending less? Not according to the #1 snack co.
So we have been hearing that consumption is way way down in Thailand this year because of politics, farmers having less funds to spend, economic slowdown etc etc and yet Universal Robina Corporation (a listed co in the Phillippines), who has the #1 market share in Thailand for biscuits and wafers, just reported 3 days ago that Thailand hadit’s best regional growth thus far in 2014 amongst all countries.
Source: URC