Kasikorn Research Center (K-Research) expects the domestic political situation to be a key factor affecting the Thai economy in the second half of this year.
According to the timeframe, three votes for a new prime minister are scheduled for July 13, 19 and 20. Several scenarios could affect the economy differently, said K-Research deputy manager Nattaporn Triratanasirikul.
“Given several variables of political factors, we need to monitor the situation step by step. If the new government cannot be set up by the timeline in August, it would significantly affect Thai GDP growth this year,” she said.
According to the Federation of Thai Industries, given a worst-case scenario that the new government cannot be…
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