CEOS SEE GROWTH

Economy April 11, 2018 01:00

By The Nation

Most of CEOs expect the Thai economy to grow 3-4 per cent this year, driven by tourism, fiscal policy, public spending and local political stability in the first half, according to a recent survey of the Stock Exchange of Thailand’s Capital Market Research Institute (CMRI).

However, risks remain in the first six months of 2018, including baht fluctuation, ploitics and higher wages, the survey said.

About 64 per cent of CEOs surveyed estimated their industries to improve, higher than the 45 per cent in the last survey.