amid the epidemic of COVID-19 that is increasing in severity in all provinces of Thailand, with the total number of infections being nearly ten thousand, Affecting the overall economy, trade, livelihoods of entrepreneurs. People in every patch
“Practice Business” examines the effects of economic conditions in each region, which are reflected in 5 regions by the Chamber of Commerce.
Central dorm asks the state to meet the credit criteria
Mr. Tawatchai Setachinda Chairman of the Central Committee for Economic Development reveals to “Prachachat Business” that the central region’s economy as a whole is likely to be harder hit than other industries.
because it is in the area of 10 provinces with the highest and strictest control.There has been a severe COVID-19 outbreak and the damage cannot be assessed now. Even if there is a compensatory measure to help entrepreneurs and workers
Half-person project The more the project, the more useful. which are quite difficult to use and conditions think all measures cannot stimulate the economy
“Covid19 outbreak Relatively high, as everyone had to follow different measures, there were travel restrictions. The store is only partially open. Impact on consumer income shrinking Most people are giving up activities to reduce spending. Travel restrictions Purchasing power has been lost quite a bit . “
The government should help entrepreneurs with finance. Support to survive this crisis When the business is closed The employment effect is very high. There is still relatively little support for rehab loan measures.
I would like the Bank of Thailand (BOT) to relax the conditions for setting criteria for commercial banks, for example, entrepreneurs who make loans are not allowed to have an NPL, it is very difficult.
Isan business 10% breath left
Mr. Sawat Thiraratananukulchai The Chairman of the Northeast Region Economic Development Committee of the Thai Chamber of Commerce announced that “business practices” are now taking action to restore the economy
and the line of business is still unclear as a result, companies cannot continue to operate. and Entrepreneurs Need to Find Ways to Take Care of Themselves Some business has failed. Softlone help The installment payment measures did not meet the requirements.
Bad debts are expected to increase, and government projects to stimulate spending have not helped the situation much better either. For example, half of the project is not as busy as it was when the project started.
At the moment, the economic figures for the Northeast cannot be estimated. Most of the people didn’t come to spend money, which reduced their purchasing power, and it was completely quiet, especially in the provincial cities. The outskirts of the city were less affected.
The government needs to be clear about what to do next. In the past, the government has only solved short-term problems, but not sustainably. The northeastern provinces now have the same state. Make a plan to survive day by day.
I could barely see the light at the end of the tunnel. At first everyone thought the situation had improved. but hit with the closure of the construction workers camp let the people go home It spreads the covids to different areas, the numbers keep increasing.
Everything stopped again. The delivery business doesn’t help either. Because every area, every province is at risk.
It is currently unclear whether there will be anything to stimulate the economy. especially the tourism and service sector. With around 10% of the business now economically alive, many tourist attractions or festivals preparing to open have been suspended.
And the vaccine hasn’t arrived yet, not much, politics is too politically involved. Confidence is falling because the provisional average for the entire northeast region can only be vaccinated at 11 percent. The 120-day opening of the country announced by the prime minister is unlikely if it can be carried out in all provinces.
So the most confusing topic is vaccines and homework. released until the number of infected people in the province rapidly increased Adjust each plan daily.
However, the same measures cannot be applied to the maximum control zone of 10 provinces. Many provinces like Bangkok would like a lockdown, but they do not agree very much on the administrative side. because in every area in the northeast it is quiet now
In some provinces, everyone is imprisoned and locked up without notice, and no lockdown is like a lockdown.
However, the end of the northeast region is expected to be in harvest time. People will have more purchasing power. and there is a possibility of economic recovery. But if the vaccine doesn’t arrive on time and misses from here, there is no chance and it will be a problem for a long time.
The Eastern Chamber of Commerce calls on the state to stop interest rates
Mr. Prachya Samalapa The chairman of the Eastern Economic Development Committee, the Thai Chamber of Commerce, told Prachachat Business that now all provinces in the Eastern Special Development Zone (EEC) are all provinces, including Chonburi, Chachoengsao.
Rayong, the number of COVID-19 cases has increased in every province. As a result, the economy has started to deteriorate noticeably over the past 2 months. Solving the government’s problem requires a change in management practices.
“I think the solution to helping entrepreneurs now has to stop time. Everything is still like a “winter frog”. There can be no interest in running like today. If you can temporarily stop the load here, everyone’s load will be lessened
through separation assistance for people who are good debtors first If in the time before Covid, this debtor regularly pays debts. But in this situation everyone pays the principal and the interest would normally be less. Softlone is now incompatible. Many companies tried several rounds of negotiations with the bank for no consideration. People are starting to get discouraged. “
The real estate project The waiver of debt did not satisfy the economy. Can only be done by large operators who have a system But most entrepreneurs still have less. And about 90% of SMEs in the country are classified as personal debt, not corporate debt that does not meet standards for bank aid.
“I believe that the government nowadays uses money to support them; B. 3,000-5,000-7,000 Baht per person, but if the Covid situation spreads to this level. I don’t think it can help at all. have to think about how to live more The government has to change its management approach. “
The north tower indicates that the purchasing power is less than 5%.
Mr. Sombat Chinsukserm The Chairman of the Northern Region Economic Development Committee, the Thai Chamber of Commerce, announced that the Northern Region Economic Report of May 2021
The economy has apparently shrunk significantly because of the COVID-19 pandemic. especially the purchasing power of the tourism sector. Consumption in the north is still below 5%, while investments have slowed down. only border trade agriculture and industry still expanding
“People are very concerned right now, especially the Delta variety. and the number of vaccines received did not reach the target. In the north, the vaccination rate is not more than 10%, so I want the government to distribute more vaccines.
And the situation with the lockdown in the risk area has also spread to the provinces. causes increased risks in the area The number of infected people is increasing and cannot be estimated. “
Government action in the Phuket sandbox gives hope to the north that more foreign tourists will come. and the northern region should be more active
However, the Northern Chamber of Commerce has developed some strategies to revitalize the economy. But I have to hear opinions from many provinces again. With the current situation, it should be clear in 2022.
Because this year it still depends on the management of COVID-19. and vaccine distribution resolve business issues. I want the government to help speed up this matter. Still, we have to wait and see the situation, which the Thai Chamber of Commerce will reassess.
The Southern Chamber of Commerce says the vaccine economy will improve.
Mr. Wattana Thanasakcharoen Chairman of the Southern Area Economic Development Committee reveals Prachachat Business that the overall economy is now seeping through, although the opening up of the Phuket sandbox economy has improved slightly.
Other provinces that will open the city in August have not received full vaccinations as planned, such as Krabi and Phang Nga, which have already received 20% of the first vaccination dose, while another 2-3,000 vaccinations are required. was dependent on the vaccine
Most of the purchasing power in the southern region is in the agricultural sector, such as rubber, palm oil, with good prices that can fuel the economy in the south. The southern region now accounts for around 21% of income from the agricultural sector.
but not able to sustain the economy of the entire southern region, because most of the income goes to the people at the foundation level. In addition, the income from tourism has disappeared. Typically, the income of the southern region is around 800,000 million baht each year. Now it is expected that Phuket will be open for 3 months and should have revenues of about ten billion baht. “
