Thai CEOs’ Top Concerns: Government Formation Delay and Global Demand Slowdown

[webfact]

 

CEOs’ top concerns are the delay in government formation and the slowdown in global demand.

 

According to a survey by the Federation of Thai Industries (FTI) with a sample size of 258 CEOs from 45 industries, their top domestic concerns include:

 

The delay in government formation and political conflicts after the election (81%)

-- High production costs, including electricity, energy, raw materials, and logistics (76.4%)

-- The slowdown in purchasing power due to high household debt (64.3%)

-- Rising interest rates, which are impacting the cost of investment and leading to rising NPL (Non-performing Loan) (54.7%)

 

Their top external concerns include:

 

-- High levels of inflation and rising interest rates in many countries, leading to a slowdown in global demand (58.5%)

 

By Erich Parpart

 

Full story: https://www.thaienquirer.com/50313/thai-ceos-top-concerns-government-formation-delay-and-global-demand-slowdown/

 

-- © Copyright Thai Enquirer 2023-07-29

 

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[StayinThailand2much]

Both being out of their control.