Thai private sector braced for impact amid political unrest and government delays

Protests and potential political instability are causing growing unease within Thailand‘s private sector, chiefly due to the impact of delays in forming the country’s new government. The possible effects are multifaceted, potentially touching areas such as new investments and the tourism industry.

The Thai Chamber of Commerce’s vice-chairman, Poj Aramwattananont, expressed concern yesterday in light of recent moves by the local Election Commission (EC). The EC recommended prime ministerial candidate Pita Limjaroenrat’s disqualification from his Parliamentary duties due to violations of electoral rules. Yet, constitutionally-compliant action is something the private sector can readily accept, according to Poj.

He noted forthcoming investments could be influenced negatively by the delayed government formation. An extended delay could…