SCG expecting next 12 months to pose challenges

SET-listed Siam Cement Group (SCG) is bracing for what it calls a “tiring year” over the next 12 months, with challenges ranging from economic uncertainties to a political vacuum.

- YUTHANA PRAIWAN

Mr Thammasak (second left) says a greater focus on overseas markets, especially Asean, will be among the factors helping SCG get through economic uncertainty.

President and chief executive Thammasak Sethaudom is concerned over the impact of trade tensions between the US and China on the world economy as well as a months-long general election process, scheduled to be held early next year.

The government's “Quick Big Win” policy, which promotes swift, impactful broadly beneficial projects, is promising, but it is unfortunately being implemented for only four months, which is not sufficient to fully boost the Thai economy, he said.