Despite the global economic slowdown, the Thai economy remains on course for a recovery, according to a recent business survey.
Thanavath Phonvichai, president of the University of the Thai Chamber of Commerce (UTCC), said most business leaders interviewed among the 850 respondents nationwide saw the global economy as being in a slowdown, not a recession, and believe that the impact on the Thai economy is insignificant. The survey was conducted by the UTCC between Sept 6-12.
