Thailand’s Junta Government Leaning on State-Run Enterprises as Risks Loom from Fizzling Exports and Tourism
State enterprise assets have climbed since 2013 but profits have fallen, but the state is struggling to make government enterprises more efficient.
BANGKOK – Thailand’s military Junta Government is leaning on state-run enterprises to support economic expansion by speeding up investment, as risks loom from fizzling exports and tourism. Outlays by state enterprises jumped almost by half to 310.9 billion baht ($9.4 billion) in January through September, government data shows. Officials have set the firms a goal […]