Economic measures satisfy most listed companies' CEOs

By The Nation

Majority CEOs of listed companies have shown satisfaction over the government's economic stimulus measures, expecting the government to last more than one year, according to the Stock Exchange of Thailand's survey.

CEOs of 138 companies in 8 industries whose combined market capitalisation is 52 per cent of total also suggested the government to rush on mega-projects, political stability as well as liquidity. The government has so far excluded mega-projects from extra spending to boost the economy, citing that the projects would take time to benefit the economy.

"Fifty one per cent of the respondents are pleased with the new policies and believed that political stability would be increased," said Kobsak Phutrakul, chief of the exchange's research centre.

Forty eight per cent are satisfied with the economic ministers and 46 per cent expects the government to be in office for more than 1 year.

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Economic measures satisfy most listed companies' CEOs

Majority CEOs of listed companies have shown satisfaction over the government's economic stimulus measures, expecting the government to last more than one year, according to the Stock Exchange of Thailand's survey.

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