August 3, 2023
BANGKOK – Thailand’s most powerful business lobby group – the Joint Standing Committee on Commerce, Industry, and Banking (JSCCIB) – on Wednesday told political parties to form a new government by the end of this month.
Kriengkrai Thiennukul, chair of the Federation of Thai Industries, one of the three associations that form the JSCCIB,
told a press conference following its monthly meeting that because Thailand’s “very fragile” economy faces both domestic and international political hurdles, political wrangling should not be added to its obstacles.
He said the committee previously estimated that a new Cabinet would be announced by the end of August.
“Right now, the PM voting process is still within the expected timeline. However, the lack of progress these days is eroding business confidence to invest further, which…
