Business leaders in Thailand worry about delay in government formation

14 Sept 04:55 Key points summarised by AI

Thai business leaders express significant concern that the prolonged delay in forming a new government and post-election political conflicts will negatively impact the economy and deter investors in the second half of the year.
An FTI poll indicates that 81% of CEOs are worried about government delays and political instability, with additional concerns about escalating production costs, rising household debt, and the potential for violent protests.
The private sector urges the new government to prioritize economic problem-solving, including involving them in regulatory reforms and addressing household and SME debt, while also contending with external factors like rising interest rates and inflation.

Thailand’s FDI reaches Bt271bn as high-tech projects expand

Yesterday 10:54 Key points summarised by AI

Thailand's foreign direct investment (FDI) surged by 26% year-on-year to Bt271 billion across 971 projects in the first nine months, with a significant portion (494 projects) driven by high-tech industries.
Growth was spearheaded by sectors like digital technology, AI, electric vehicles, and clean energy, largely concentrated in the Eastern Economic Corridor (EEC), with China, the US, Singapore, Japan, and Hong Kong as the top five investment sources.