{"id":1978,"date":"2023-03-31T11:56:31","date_gmt":"2023-03-31T04:56:31","guid":{"rendered":"https:\/\/blog.plizz.co\/?p=1216"},"modified":"2023-03-31T11:56:31","modified_gmt":"2023-03-31T04:56:31","slug":"thai-economy-will-earn-thb120bil-as-parties-spend-big-in-vote-battle","status":"publish","type":"post","link":"https:\/\/plizz.co\/th\/blog\/thai-economy-will-earn-thb120bil-as-parties-spend-big-in-vote-battle\/","title":{"rendered":"Thai economy will earn THB120bil as parties spend big in vote battle"},"content":{"rendered":"<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/apicms.thestar.com.my\/uploads\/images\/2023\/03\/22\/1990541.png\" alt=\"\"\/><\/figure>\n\n\n\n<p>March 22, 2023<\/p>\n\n\n\n<p>Election campaigns will generate up to THB120 billion for the Thai economy, the University of the Thai Chamber of Commerce\u2019s Centre for Economic and Business Forecasting said.<\/p>\n\n\n\n<p>\u201cPolitical parties will go into full gear with campaigning for votes now that the election date has been set,\u201d the centre\u2019s director Thanawat Polvichai said on Wednesday (March 22).<\/p>\n\n\n\n<p>The Election Commission has officially set the general election to be held on May 14.<\/p>\n\n\n\n<p>Thanawat said the THB120 billion generated while campaigning will push Thailand\u2019s GDP up by 4% in the second quarter. He added that Thailand is expected to grow by 3-4% this year.<\/p>\n\n\n\n<p>However, he said rising production costs and inflation can affect the Thai business sector\u2019s profits and liquidity.<\/p>\n\n\n\n<p>\u201cHowever, we are still confident that the economy will pick up in the second half of this year,\u201d he said.<\/p>\n\n\n\n<p>Thanawat added that the business sector is concerned that the election may spark political conflicts, which may trigger delays in investment.<\/p>\n\n\n\n<p>Source : <a href=\"https:\/\/www.thestar.com.my\/aseanplus\/aseanplus-news\/2023\/03\/22\/thai-economy-will-earn-thb120bil-as-parties-spend-big-in-vote-battle\">The star<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>March 22, 2023 Election campaigns will generate up to THB120 billion for the Thai economy, the University of the Thai Chamber of Commerce\u2019s Centre for Economic and Business Forecasting said. \u201cPolitical parties will go into full gear with campaigning for votes now that the election date has been set,\u201d the centre\u2019s director Thanawat Polvichai said [&hellip;]<\/p>\n","protected":false},"author":18,"featured_media":1479,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[14],"tags":[],"class_list":["post-1978","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Thai economy will earn THB120bil as parties spend big in vote battle<\/title>\n<meta name=\"description\" content=\"Read our article &quot; Thai economy will earn THB120bil as parties spend big in vote battle &quot;. 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