Investors Confidence To Return Post Coup

According to the Public Relations Department of the Royal Thai Government, the private sector affirmed that investors’ confidence towards Thailand economy has returned since the National Council for Peace and Order (NCPO) came to power last month.

Director of the Center for Economic and Business Forecasting. Thanawat Polwichai, said: “NCPO’s administrating of the country had resulted in the better economic situation in Thailand, judging from higher consumer confidence and industrial indexes compared to the previous months this year.”

Also, Thanawat added that the Thai Chamber of Commerce has reviewed its projections regarding the Thai economy with an expected GDP growth of 2 to 3% although the Central Bank is only expecting a 1.5% increase.