Compromise necessary for the country to move forward: business sector

According to Kriengkrai Theannukul, Chairman of the Federation of Thai Industries (FTI), the FTI, the Thai Chamber of Commerce (TCC) and the Thailand Development Research Institute (TDRI) agree that a new coalition government should be formed this month to minimise adverse impacts on the business sector, investment climate and the Thai economy.

They are urging all parties to take a step back to allow Thailand to move forward.

The Thai economy already faces pressures from global economic risks, climate change and drought risk and Thailand needs a government to address these issues which could affect agricultural exports and domestic consumption.

TCC chairman Sanan Angubolkul suggests that the formation of a new government should be completed within two months. This timeline is reasonable and allows for negotiations and mutual understanding among all parties, focusing on the…