While the Thai economy had been pressured by global geopolitical tensions leading up to the National Economic and Social Development Council's decision last week to revise down the upper range of its growth forecast to 3.2% from 3.5%, the business sector also has to keep a close eye on the stormy domestic political climate as it could lead to a critical juncture for the country, which is still undergoing rehabilitation.
Vendors of alcoholic beverages and hotel and retail operators are calling for the further relaxation of nightlife entertainment rules and an extension of opening hours until 2-4am as pubs, bars and karaoke lounges struggle to survive.
Shopping centre operator MBK Plc intends to buy stakes in Thai street food brands as part of its efforts to reduce business risks and raise new income.
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