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Bangkok Post
Bangkok Post
Business

Coalition delays seen as threat to growth

Payong Srivanich Kriengkrai Thiennukul JSCCIB Inflation GDP TBA
Tourists visit the Grand Palace in Bangkok on Sunday. With tourism and domestic consumption pacing the economy, the JSCCIB predicts Thai growth of 3-3.5% this year. (Photo: Apichart Jinakul)

The private sector is concerned that Thai GDP growth could decline to 1-2% if the formation of the new government is delayed from the timeline by six months or more.

Kriengkrai Thiennukul, chairman of the Federation of Thai Industries, said the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) is monitoring politics and awaiting a new government.

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