Foreign business figures are closely watching the establishment of a new government three months on from the election and want the incoming government to push for attractive investment policies and create an investment-friendly environment. The ongoing delay in government formation and establishment is crucial to foreign business decisions and Thai economic prospects.
Stanley Kang, former president of the Joint Foreign Chambers of Commerce in Thailand, said that despite continuous foreign investment into Thailand at present, foreign business executives want to see a quick government formation.
Furthermore, foreign companies planning to invest in Thailand have initiated discussions with the caretaker government, but several limitations exist, making the timely establishment of a new government even more essential. Kang emphasised that this timely establishment will not only increase…
