However, he said the Thai export sector is facing rising shipment costs and a shortage of both containers and labour.
The private sector is also worried that prolonged anti-government rallies could dent consumer spending. He urged the government to seek ways to solve the political turmoil peacefully.
Meanwhile Thanavat Phonvichai, president of the University of the Thai Chamber of Commerce (UTCC), expects to see the economy improve in the fourth quarter this year with reduced contraction of 4-5 per cent.
Published : November 26, 2020
By : The Nation