Listed companies' chief executives are upbeat about the country's economic outlook thanks to clearer public investment plans for large infrastructure projects.
The quarterly survey found CEOs expecting their investments to grow domestically and overseas, said Pakorn Peetathawatchai, senior executive vice-president of the Stock Exchange of Thailand (SET).
The survey, conducted by the SET, asked CEOs of 115 listed companies from 21 sectors about their views on Thailand's economic outlook in the first half. They estimated GDP growth to come in at 2-4% this year.
The survey said CEOs were confident that profitability in all sectors, especially services, would improve this year, he said, adding that 49% of the CEOs expected revenue to rise by more than 6%.
Credit and view full story at Bangkok Post
