Business leaders urge parliament to form a government in 1 month

The Former Chairman of Joint Foreign Chamber of Commerce, Mr. Stanley Kang

Several of Thailand’s business leaders are expressing concern over political instability. A new government has still not been formed since the general election in May. The business community is asking for stability in politics, claiming that continuation of the current impasse could destroy the confidence of foreign investors.

Two months after the election it remains unclear who will become the country’s 30th prime minister, since the bicameral parliament empowers senators to join the vote for the prime minister.

The current political turmoil is affecting foreign investor decisions over put more money into Thailand. The Former Chairman of Joint Foreign Chamber of Commerce, Stanley Kang, emphasised the need to have a clearer picture as soon as possible.

Stanley told Thai PBS World today (Tuesday) that…