Investor Confidence Index to decline in the next 3 months

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BANGKOK, 9 June 2015, The Federation of Thai Capital Organizations (FETCO) revealed that the investor confidence index for the next three months is expected to decrease by 14.7 percent to 88.16, due to the less-than-optimum local economy.

FETCO President Worawan Tharapoom said the index last month stood at 102.72. However, stock-related confidence index has become alarmingly low.

Meanwhile, foreign investor confidence index has recently shown positive signs, thanks to the government’s concrete investment direction.

Ms. Worawan said that a major negative factor affecting the index is the sluggish local economy, while a positive factor is the administration’s investment plan.

She stated the most lucrative industry at the moment is petroleum and chemicals, while the least attractive industry is banking.