Confidence index dips for 12th month

The government is being urged to rev up budget disbursement and continue introducing more stimulus measures to spur spending as overall business sentiment remains low.

The University of the Thai Chamber of Commerce (UTCC) reported on Wednesday the business confidence index, a gauge of nationwide business sentiment, fell for the 12th straight month to 45.9 in November, down from 46 in October.

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Phusadee Arunmas