The Prime Minister Prayut Chan-o-cha addressed the foreign business communities at the Luncheon yesterday organized by the Joint Foreign Chambers of Commerce in Thailand. (JFCCT)
Gen Prayut backtracks on FBA changes, some work permit rules to be altered “The FBA will be left untouched for now, and any potential future changes will be for the better”
The reaction by the 800 attendees was largely positive; as many foreign chambers were anxious about the issue, but others felt major questions remained unanswered by the government. Apart from the FBA, Gen Prayut insisted the economy still had great potential, as household consumption and private sector investment had increased from the third quarter. GDP growth of 2-3% next year is expected, while this year growth is set for 1%.
