Thailand: Business sentiments improving since May; quarantined Russian tests positive for Covid-19

BANGKOK, Aug 4 (The Nation Thailand/ANN): In July, the Business Sentiment Index (BSI) had risen for three consecutive months to 42.9 in almost all sectors, with the exception of electrical appliances, though the overall index and sector sub-indices were still below the 50-threshold, reflecting low confidence even with signs of recovery, according to Bank of Thailand.

The three-month expected BSI rose from 47 last month to 48.6 due to improved outlook in almost all sectors, especially the automotive sector, whose index floated above the 50 threshold for two months running.