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Pheu Thai power bid gains pace

Business backs party to boost economy

Move Forward Party leader Pita Limjaroenrat, left, and Pheu Thai Party leader Cholnan Srikaew shake hands after a meeting on July 3. (Photo: Wichan Charoenkiatpakul)

The private sector has expressed support for the Pheu Thai Party to lead the formation of a new government, saying its economic policies will help turn the economy around.

Sanan Angubolkul, chairman of the Thai Chamber of Commerce, told the Bangkok Post that confidence in the economy will receive an immediate boost if Pheu Thai can form a government with their candidate as…

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