Supant was optimistic that private investment would significantly pick up this year after a long period of low investment. Growing exports and rising public spending on infrastructure projects are expected to boost private investment. Private investment indicators suggested an acceleration of investment in April compared with the same month last year, said the central bank. Investment in machinery and equipment increased as there were more imports of equipment for telecommunication, energy and computers. Consumer spending increased during the month, driven by the increasing purchasing power of workers in the non-farm sector.

Source: The Nation Bangkok May 31, 2018 18:00 UTC