Thai Economy NewsThailand Politics

Business survey gives government passing grade (Bangkok Post)

Businesses have given the Democratled coalition government a passing grade for its performance over the past six months. But the government received a thumbs-down for its policyof raising excise tax on fuel and its inability to settle political differences and address tightfinancial and credit liquidity for the private sector, according to the survey by the Universityof the Thai Chamber of Commerce. The coalition scored 6.4 out of 10 for its performance inits first six months in office, said Thanavath Phonvichai, a UTCC economist. The surveyinvolved 800 people, who were interviewed between July 31 and Aug 3.

Joe Miller
the authorJoe Miller
I have been living in Thailand for over 20 years and witnessed the many changes the country has undergone since the Asian Financial Crisis. I have spent time in Phuket, Samui, Hua Hin, and Chiang Mai, but I gravitate back to Bangkok when all is said and done. It is here that I spent years running a software development company and teaching at universities. These days I live on the Internet with Bangkok as my base. I never stopped believing in the enormous potential of Thailand's kingdom, which is why I joined the ThaiVest Team.