The second Thai-Myanmar Friendship Bridge to open on October 30 this year, is expected to stimulate border trade between the two countries.
The University of the Thai Chamber of Commerce (UTCC) has maintained its economic growth forecast for this year at 3.8 percent. It is not yet able to evaluate the expected new government that must expedite economic stimulation in the second half of the year to build confidence for investors.
An analysis of the Thai-Malaysian supply chain for para rubber has been undertaken, to better plot the product's sales over the next five years, with suggestions made to utilize more Big Data and for a fund to be established to boost foreign sales.
The government has forecast that the Thai economy will grow by four percent next year, with the latest economic confidence index continuing to rise.
The Thai Chamber of Commerce expects the Thai economy to grow in the fourth quarter of the year, as the tourism and export sectors improve.
