Concern Over Impact Of Election Lingering Till August

[webfact]

Mr. Kriangkrai Thiennukul. Top photo: INN News

 

by TNR Staff 

 

THE UPCOMING election is affecting investment by the private sector which will slow down until August as it is then that it is expected a new government will be in place,  Matichon newspaper quoted the head of Federation of Thai Industries Mr. Kriangkrai Thiennukul as saying this evening (Mar. 1).

 

This gap that has arisen from the outgoing and incoming government which is leading to private sector investment dipping but is something that should not happen necessitates the implementation of stimulus measures to spur the economy during this period.

 

Key steps to support the economy over the next few months include spurring consumption and pushing government spending and disbursement.

 

Full story: https://thainewsroom.com/2023/03/01/concern-over-impact-of-election-lingering-till-august/

 

-- © Copyright  THAI NEWSROOM 2023-03-02

 

- Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here.

 

The most versatile and flexible rental investment and holiday home solution in Thailand - click for more information.

[ThailandRyan]

As an investor I would want to wait and see who the new government will be as it might impact certain areas of the economy. How this plays out is anyone's guess. In real world dynamics it should never affect certain markets yet as we can see in Thailand when it's government changes so does spending and support directions.

[hotchilli]

2 hours ago, webfact said:

THE UPCOMING election is affecting investment by the private sector which will slow down until August as it is then that it is expected a new government will be in place,

A new government with the same old faces?

[ThailandRyan]

6 minutes ago, hotchilli said:

A new government with the same old faces?

Ergo why investments are being curtailed. This will have a knock-on effect to the economy I do believe. It is why stimulus measures will need to be put in place as the OP reads. If not we could see prices inflate even more as those measures already in place are curtailed.

[zzaa09]

1 hour ago, hotchilli said:

A new government with the same old faces?

Might we expect anything less.

Keep moving the dates up so they can feasibly plan and strategized the next event that will justify any such emergency government empowered for another few years. 

 

Watch....and see what comes about.

Guaranteed.