Chairman of the Thai Chamber of Commerce and the Board of Trade of Thailand. Request the Ministry of Commerce to fully accelerate every aspect of the Thai economy in the second half of the year. Hopefully this year’s export numbers will turn positive. I believe the economy next year has a chance to grow. From the many measures that will come out,

Mr. Sanan Angubolkul, Chairman of the Thai Chamber of Commerce and the Board of Trade of Thailand, revealed that from the clarity of various government measures in the past. Especially measures to reduce living expenses and costs for citizens and entrepreneurs. Through reducing the cost of electricity to 3.99 baht and reducing the cost of diesel fuel to less than 30 baht, as well as short-term economic stimulus measures along with it. Complementing the Free Visa policy for Chinese and Kazakhstan tourists should help stimulate the number of tourists this year to reach 28-30 million people, especially Chinese tourists, which should reach 5 million people through booking signals. Flights and rooms have multiplied.

In the long term The government should focus on ensuring safety. Promoting tourism in secondary cities To allow tourists to spend and stay in Thailand longer On the issue of exports, which have been slow for several months and there are signs of a positive turn in August. It is considered a good sign by the Chamber of Commerce. It is seen that after this in the 4th quarter the situation should turn positive. and thus this year’s export images may not be negative or at least negative.

As for today’s MPC decision to raise the policy interest rate by 0.25% to 2.50%, the Chamber of Commerce is not yet concerned about the issue. Because Thailand is considered to have a low policy interest rate when compared to neighboring countries in ASEAN. And it is considered that the interest rate increase this time will ensure that the interest rates between Thailand and foreign countries are not too far apart. and to maintain Thailand’s financial stability, in which the baht has depreciated more recently compared to the US dollar.

Based on the government’s urgent policies in the past 2-3 weeks, the Chamber of Commerce believes that it will help increase GDP by 0.6 – 0.8% and make the overall GDP for the whole year grow up to 3% as planned.

For the Prime Minister’s visit to the United States at the UNGA meeting and meeting with the world’s largest business sectors, including companies related to the electric vehicle industry. Digital technology business and global financial institutions and funds The private sector views this as an achievement and admires the government for its importance in attracting foreign investment. It can be seen that this government Give importance to foreign affairs Especially trade negotiations a lot. This part will help support the expansion of Thailand’s export sector.

However, the private sector believes that the government will continue the international trade agreements that Thailand has started with many countries. To accelerate the expansion of new markets, especially the Thai-EU FTA and several other editions. Along with organizing road shows to expand new markets to potential target countries such as China, Saudi Arabia and the Middle East, India and countries in Africa. To attract investment in EEC in fields related to the environment and sustainability, including EV, clean energy, AI, modern agriculture, health, and FinTech as much as possible, in order to create a greater competitive advantage for Thailand on the world stage. The private sector hopes that such omentum will result in real investment in the next period.

In addition, the Thai Chamber of Commerce sees GDP next year, 2024, close to the government’s target of 5%, although it is a challenge. But if the economy is continuously stimulated Whether it is a policy to distribute digital money If successful, it should help increase GDP by 2-3%, with exports growing more than this year. If the world economic situation has no complicating factors Especially in the Geopolitics conflict, it is possible to see a figure of 5% in several years, which all parties must work together to achieve.

Today, the Thai Chamber of Commerce, led by Mr. Sanan Angubolkul and Dr. Poj Aramwattananon, along with the delegation, had a meeting and meeting with Mr. Phumtham Wechayachai, Deputy Prime Minister and Minister of Commerce. on trade, investment and export issues

Commerce in 5 important issues: 1) international trade regulations which focuses on expediting the FTA that is currently being negotiated to completion Including opening additional negotiations in important markets to enhance Thailand’s competitiveness, etc. 2) Facilitating business operations for the private sector. To be consistent with e-Government 3) Import-export This should focus on important products and markets: 4) retail trade and 5) raising the level of border trade figures. Most of the proposals from the private sector are in line with the 7 policy guidelines of the Ministry of Commerce that the Deputy Prime Minister and Minister of Commerce has been given as a main policy The Ministry of Commerce will accept proposals from the private sector presented today. and give it to the relevant department to take further action. If there is any matter, it can be fixed immediately. It will be expedited. But if it is a matter related to another agency or cannot be resolved immediately There will be subgroups set up. Invite the private sector to provide information and look into the details of each issue before measures are taken. The Ministry of Commerce will focus on taking care of the living expenses of the people as an urgent matter. etc

Source: Thai News Agency