Business sentiment plunged to a 25-month low in January as a fresh wave of infections decimated businesses and daily lives.
The University of the Thai Chamber of Commerce (UTCC) said yesterday the TCC Confidence Index, which gauges the sentiment of the business sector and members of the Thai Chamber of Commerce in all provinces nationwide, dropped to 29.8 in January, the lowest since January 2019, from 31.8 in December and 33.7 in November.
Sauwanee Thairungroj, an adviser to the UTCC council, said the main factors were lockdown measures installed in high-risk areas and lingering concerns about a new wave of infections.
According to Ms Sauwanee, business sentiment…
