After the Songkran celebrations peter out, Thais must contemplate the general election on May 14 and decide whether political parties' campaign pledges will really create a healthier economy.
Foreign investors were net sellers of US$1.1 billion (37 billion baht) worth of shares on the Thai stock exchange in February, the highest value among Asian bourses for the month and the biggest net sell-off on the exchange since April 2020, with several factors pressuring investments, according to analysts.
The election campaigns of political parties should focus on improving the country's competitiveness with effective short- and long-term economic policies rather than populist sops or market intervention that could mar the economy and add fiscal burden, says business leaders.
The election campaigns of political parties should focus on improving the country's competitiveness with effective short- and long-term economic policies rather than populist sops or market intervention that could mar the economy and add fiscal burden, says business leaders.