BUSINESS

CFR upbeat on Chinese New Year spending

Business, Molpasorn Shoowong, Published on 23/01/2024

» Overall expenditure during Chinese New Year is expected to grow by at least 5-10% from the level recorded last year, driven by government incentives and promotional campaigns in the private sector, as Thais could spend up to 31% more than during the regular period, according to Central Food Retail (CFR), operator of Tops grocery stores.