The atmosphere in front of parliament on Thursday morning during a voting session for a new prime minister. “Both businesses and consumers are closely watching the prime ministerial selection, which could require several votes,” said Mr Thanavath. “If the prime ministerial selection and government formation proceed smoothly without intense protests, enabling the implementation of investment initiatives, the economy could grow by 4%,” he said. The FTI said Thailand needs to improve its economy as the recovery has been uneven since the pandemic. The economy is now paced by tourism, said Mr Kriengkrai, with more Chinese travellers visiting Thailand following the reopening of China early this year.

Source: Bangkok Post July 14, 2023 14:07 UTC