[THAILAND ECONOMIC NEWS] Good morning, everyone. I’m Kim suhyeon staff of Kamagroup Pvt. Ltd. Here I have an important Thailand economic news to share with you which is as undermentioned.
Business operators have an optimistic outlook on the country`s GDP in 2019, thanks to the upcoming general election, implementation of the Eastern Economic Corridor (EEC) and the coronation ceremony for His Majesty the King.
Kalin Sarasin, chairman of the Thai Chamber of Commerce, said the election time frame is expected within 150 days, with a deadline of May 9, and the government has promised an election by that date.
"The election is a key factor to boost overall investor confidence and stimulate the Thai economy in 2019," Mr Kalin said after presiding over the monthly meeting of the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB). "State budget disbursement can proceed without any obstacles before the election."
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