Business leaders urge parliament to form a government in 1 month

14 Sept 01:54 Key points summarised by AI

Thai business leaders express deep concern over the prolonged political instability following the May general election, warning it erodes foreign investor confidence.
They demand the formation of a new government within one month to promptly tackle critical economic issues like high household debt and escalating electricity costs, which impact national competitiveness.
International business associations emphasize that political stability is crucial for sustainable cooperation and advancing free trade negotiations with global partners like the EU.
Experts caution that continued political turmoil, especially the potential disqualification of the leading party, could severely damage the economy, forecasting significant drops in tourism and GDP growth.

European protests could raise costs for Thai exporters

Yesterday 17:46 Key points summarised by AI

The Commerce Ministry warns that ongoing protests across six European countries, driven by cost-of-living concerns, could weaken consumer purchasing power, disrupt logistics, and elevate costs for Thai exporters.
Thai exporters are advised to closely monitor developments, explore alternative markets (ASEAN, South Asia, Middle East), and adjust shipping routes to reduce dependence on Europe and mitigate potential risks.