Firms want hand in forming policies

Executives of Thai listed companies want the government to refrain from increasing the country’s fiscal burden and distorting markets, while seeking private sector participation in formulating policies, according to a survey by the Stock Exchange of Thailand (SET).

The recent survey, entitled “Economic Outlook 2023-2024”, was published by the SET’s research department and its partners. The survey found most chief executives expect the economy to expand at a lower rate than their previous forecast of 2.3% this year, improving to 3.4% in 2024.

Conducted from Aug 16 to Sept 30, respondents included executives from 68 companies in 21 business categories, accounting for 26.2% of the SET’s market…