DIRE PREDICTIONS FOR BOOK INDUSTRY

The President of Thailand's Publishers and Book Sellers Association came out with some understandably gloomy forecasts late last week.
Khun Risuan Aramcharoen predicted many smaller publishers would go out of business, with 86 per cent of last year's 18.9 billion baht revenue coming from the large and medium-sized publishers.
Interestingly she added that publishers are expanding into online retail at the expense of bookstores. That's something that few publishers seem to be doing well at in Thailand.