Private sector voices serious concern over delay in government formation

13 Sept 04:37 Key points summarised by AI

Thai private sector leaders urgently call for a swift government formation, setting an August deadline to avert severe economic repercussions.
They warn that prolonged delays, potentially extending to 10 months, will significantly increase production costs and could slash national GDP by 1-2%.
Foreign investors are reportedly delaying investment plans or considering relocating funds due to political uncertainty, risking substantial capital outflow.
Leaders emphasize the critical need for stable policies, particularly regarding fuel prices, to support businesses and maintain economic balance.

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.