Private sector lauds two decree approvals | Bangkok Post: business

FUNDING

Business leaders exhaled yesterday after the Constitutional Court endorsed two executive decrees, especially one regarding 350 billion baht in emergency loans.

Business leaders agree that yesterday’s ruling bodes well for the economy, as several megaprojects can now begin in earnest, attracting more investment and restoring confidence. PATTANAPONG HIRUNARD

The private sector is pinning its hopes on the government to proceed with megaprojects quickly afterward even though businesses are lukewarm to the idea of imposing decrees. "This is just a relief, as earlier we worried the decrees may not get endorsed, given the public doubts," said Pornsil Patchritanakul, deputy secretary-general of the Board of Trade of Thailand.