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Business group forecasts 7% growth

THE THAI Retailers Association (TRA) Monday forecast growth in its industry of not less than 7 per cent year on year in the second half, thanks to the junta's allocation of funds to be invested in government projects over the past two months.

The retail sector now could see full-year growth of between 6 and 7 per cent.

However, the TRA urged the military's ruling National Council for Peace and Order (NCPO) to stimulate the economy further via various urgent measures. These include the setting up of a separate ministry to support small and medium-sized enterprises, as well as price controls on food, transport and fuel.

The Nation


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