The Federation of Thai Industries (FTI) expects a new government formed after a general election next year to maintain policies that benefit businesses to help them survive in 2023.
Kriengkrai Thiennukul, chairman of the FTI, stressed a need for the continuation of bio-, circular and green (BCG) economic promotion, electric vehicle (EV) industry development and efforts to reduce unnecessary laws that hinder business activities, as he forecast the Thai economy with an eye on the House of Representatives' term expected to expire in March next year.
"We hope a new government will know the business sector is worried about changes in policies as they can affect businesses," he told a forum on the country's economy entitled "A rise or fall amid economic crisis", held yesterday as part of a seminar on "Thailand Economic Outlook 2023".