Private sector expresses no concern of judgement day tomorrow

The private sector has expressed no concern of whatever ruling will come out from the Supreme Court in the fate of ex-premier Yingluck Shinawatra as it won't have any economic impact on the country.

Federation of Thai Industries president Jane Namsirichai said the Thai private sector didn't worry about tomorrow's judgement day of the ex-premier, except foreign investors.

He said he believed the Government could control the situation as they have plans to deal with the situation.

No matter what the judgement would be, it would have no political and economic impact on the country, he said.

Meanwhile Thai Rice Exporters Association president Chookiat Ophaswongse said the two rice scam cases reflected policy error of relevant people who should be held fully responsible for the tremendous loss.

This should be served as lesson for the next government to announce any future policy to assist farmers, he said.

He suggested that future assistance policy should be sustainable rather than short-lived populist policy.

It must focus on lowering cost, increasing productivity, and promoting research so as to enable farmers to have better livelihood, and their rice to be competitive in the markets.

Source: Thai Public Broadcasting Service (Thai PBS)