President of the Federation of Thai Industries Chen Namchaisiri revealed that the Joint Standing Committee on Commerce, Industry and Banking reported that the Thai economy faces risks from the global economy, but many begin to see signs of recovery driven especially by government investments, with disbursements in the first half of 2016 accounting for 31.9 percent of the total investment budget, coupled with strong growth in the tourism sector.

Meanwhile, Isara Vongkusolkit, Chairman of the Board of Trade of Thailand, said Thailand’s consumption trends have started to rise in the second quarter of the year, partly due to growth in the tourism sector, while purchasing power is expected to bounce back after the drought.

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