AMCHAM stresses next leadership should drive solid development

Thailand’s next leader should implement policies for solid development, to solve issues in the domestic economy, the bureaucratic system, and leverage cooperation with neighbouring countries, according to President of American Chamber of Commerce (AMCHAM), Mook Pibuldham, adding that the key to attracting foreign direct investment (FDI) is to maintain political stability.   

In an exclusive interview with Thai PBS World, Mook said that what foreign investors want to see is the government formed quickly, with a smooth and fast transition. They want to see the winning majority form the government, “because the strength of the government leads to political stability for the next 4 years’’.   

High household debt impacts FDI confidence  

In addition to political stability, the American business community is concerned about Thailand’s domestic issues, including high household debt and the electricity price. The domestic consumption and costs are significant factors for business leaders when considering investment in Thailand.  

Full Story: https://www.thaipbsworld.com/amcham-stresses-next-leadership-should-drive-solid-development/