Delays in establishing a new coalition government were partly blamed for a drop in the Thailand Industry Sentiment Index (TISI) for a second consecutive month, with the May reading at 92.5 points, down from 95 in April.
“The business sector is concerned about the political situation as the process to set up a government does not seem to be going smoothly,” said Kriengkrai Thiennukul, chairman of the Federation of Thai Industries (FTI).
Though the Move Forward Party (MFP) won the most votes in the May 14 election and quickly joined hands with seven other political parties to form a…