Thai finance minister says committed investment projects unaffected by political risks

[webfact]

 

Wednesday’s suspension of Prime Minister Prayut Chan-o-cha from his duties by Thailand’s charter court may raise questions over whether investor confidence and public investments are being affected. The country’s finance minister has, however, insisted that investment projects, to which the government has already committed, will continue.

 

Finance Minister Arkhom Termpittayapaisith said yesterday (Wednesday) that “projects already committed are to be implemented in accordance with the government’s policies, all aimed at accelerating investment, stable growth and continuity of economic recovery.”

 

President of the Stock Exchange of Thailand (SET) Pakorn Peetathawatchai stated that Thailand’s economic development and investments continue to grow, regardless of Thai politics. Looking back 20-30 years, one can see that the Thai business sector, including Thai listed companies, both domestically and internationally, have always developed, he said.

 

Full story: https://www.thaipbsworld.com/thai-finance-minister-says-committed-investment-projects-unaffected-by-political-risks/

 

-- © Copyright Thai PBS 2022-08-25

 

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[spidermike007]

Unreasonable optimism, for a nation that is moving backwards quickly, and becoming less relevant on the world stage. A stage play? Silly prognostications, based on little reality? 

[Cake Monster]

2 hours ago, spidermike007 said:

Unreasonable optimism, for a nation that is moving backwards quickly, and becoming less relevant on the world stage. A stage play? Silly prognostications, based on little reality? 

Not one, but two of the Top Economic Guns firing off a salvo of " look how strong we are " drivel.

Seems to me that some Bums are getting Squeaky.

Are Capital outflows picking up ?

[vivananahuahin]

16 minutes ago, Cake Monster said:

Not one, but two of the Top Economic Guns firing off a salvo of " look how strong we are " drivel.

Seems to me that some Bums are getting Squeaky.

Are Capital outflows picking up ?

interests rate US 2.5%, Thailand 0.5% ,if you are an investor where is the best investment, wisdom, wisdom...

[hotchilli]

18 hours ago, webfact said:

The country’s finance minister has, however, insisted that investment projects, to which the government has already committed, will continue.

Why wouldn't they if they are already committed to?