Thailand could face a “lost year” if the country delays the process of forming a new government until May next year, according to Assoc. Prof. Dr. Thanavath Phonvichai, the president of the University of the Thai Chamber of Commerce (UTCC).

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“Lost year” is a term coined to refer to a long period of sluggish economic growth and declining investment.

Full story: thaipbsworld.com

By Thai PBS World