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Political turmoil erodes SME confidence in Thailand

BANGKOK, 2 May 2014 (NNT) – According to TMB Analytics, Thailand’s SME confidence index in the first quarter of this year has dropped to a new low due to the ongoing political crisis.

TMB Analytics said that the index plummeted to 37.6 points, down from 40.9 points in the previous quarter, which is the lowest figure since 2012.

The confidence index inclusive of trade and service sectors for the next three months is projected to decrease to 51.1 from 58.4, as the outlook for the economy continues to be bleak.

Read more: NNT

TN

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