The Federation of Thai Industries (FTI) chief has voiced his confidence that incoming Prime Minister Yingluck Shinawatra will be able to administer the country well amid looming problems for the new government.
FTI Chairperson Payungsak Chartsutipol stated that the private sector has no problem if Thailand will have the first female prime minister since the world has many female leaders who are knowledgeable and competent.
The chairperson believed that the national administration will go on smoothly under the wing of Ms Yingluck, who he deemed, is capable of coordinating with all sides and solving problems while her executive teams must also work in the same direction.
Mr Payungsak noted that there are many problems waiting for the new government including high living cost, inflation, and national economic stability which needs to be strengthened to cope with a global economic change and fiercer trade; therefore, good industrial foundation and competitiveness enhancement must be made.
Upon concerns over the minimum wage hike policy of the Pheu Thai Party, the FTI chairperson said the increase can be made gradually so the private sector can adjust themselves with the rising operating costs while the government must help strengthen the Thai industry.
Mr Payungsak noted that the private sector wants to see knowledgeable and competent persons appointed to various ministerial portfolios. He believed that the national image should improve while Thailand will be more attractive for investment after the new government formation.
BANGKOK, 5 July 2011 (NNT) – Reporter : Santibhap Ussavasodhi
News Date : 05 July 2011
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