Chamber of Commerce warns of long-term effects of martial law


BANGKOK, 20 May 2014 – The Thai Chamber of Commerce points out that the imposition of martial law and nomination of a new prime minister are good for the country in the short term but might negatively affect the economy in the long run.

President of the Thai Chamber of Commerce Issara Wongkusonkit said the army’s declaration of martial law made Thai and foreign people feel confident in the country’s capability to maintain peace and order. However, the president said martial law might not give positive effects in the long run and suggested the army evaluate the necessity of the law.

Regarding the rumors of a new prime minister, Mr Issara said Thailand should have a government with full power to run the country but he preferred a prime minister and a government elected by the people in a democratic process.