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Thai private sector signals SOS, warning local economy may crash

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Breaking News. Image: GoodManPL (Pixabay).


BANGKOK, March 28 – Thailand’s private sector today called for the formation of a permanent government as soon as possible, or the country will be overtaken by neighbouring countries.

Isara Vongkusolkit, chairman of the Thai Chamber of Commerce (TCC) and Board of Trade of Thailand (BOT), said a general election and a new government will speed public spending and stimulate the economy which has been stagnant for the past several months.

Read more: MCOT