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Call for stimulus as slowdown looms

Published by
The Bangkok Post

FTI urges support for flood-hit businesses The Thai economy, which is struggling to recover from the impact of the pandemic and the Russia-Ukraine war, likely faces a new slowdown as a global recession is expected next year, says the Federation of Thai Industries (FTI). The group advised the government to continue supporting the economy, although the Thailand Industry Sentiment Index increased in October for the fifth consecutive month to 93.1 points, up from 91.8 in September. The federation urged the government not to be complacent about the country’s economic recovery, which started when Th…

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