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Bangkok Post
Bangkok Post
Business

MYSTERIOUS: Firms unfazed by us woes - What They Never Told You

A young woman examines a display of bouquets of vibrant and colourful fresh flowers at Pak Khlong Talat, Bangkok’s renowned flower market. (File photo: Somchai Poomlard)

The collapse of US banks is expected to have only a minor impact on Thai companies and the overall Thai economy, according to the latest business survey by the University of the Thai Chamber of Commerce (UTCC).

Based on a sample group of 600 Thai business owners nationwide, including those in the agricultural, industrial, service, and commercial sectors, the majority of business owners (73.5%) believe the impact of the US banking fallout on their businesses and the overall Thai economy will be marginal.

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