Thai Chamber Urges 10-Point Economic Rescue Plan as 57.4% of Firms Report Severe Strain
Updated
Updated · Nation Thailand · Jun 14
Thai Chamber Urges 10-Point Economic Rescue Plan as 57.4% of Firms Report Severe Strain
2 articles · Updated · Nation Thailand · Jun 14
Summary
57.4% of surveyed operators said the economy had severely hurt their businesses, prompting the Thai Chamber of Commerce to submit 10 urgent recovery proposals to Prime Minister Anutin Charnvirakul's government.
68.3% reported very low confidence in the next six months, while 67.3% expected conditions to worsen within three months as Middle East tensions lifted oil prices and business costs.
79.2% cited higher energy and oil costs as the main pressure, followed by logistics costs at 66.3% and weak domestic purchasing power at 60.4%, squeezing both margins and revenue.
The chamber's plan centers on boosting consumption, cutting fuel, electricity and cooking-gas prices, and extending soft loans and easier terms for SMEs, including those with NPL problems.
Other proposals target household debt, unfair imports, exports, agriculture, tourism, border-area relief and public-sector reform, as businesses press for faster action to lift Thailand from the region's weakest growth.