The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) warns the economy could falter because of the spread of the Omicron variant and the Russia-Ukraine standoff.
Both factors could dent the global economy, slowing a Thai economic recovery in 2022, said Supant Mongkolsuthree, chairman of the Federation of Thai Industries (FTI) as well as JSCCIB.
"The spread of Omicron may not cause a severe impact, as happened with the Delta variant last year in Thailand, but outbreaks are still affecting economic growth this year," he said.
