Post by account_disabled on Dec 30, 2023 2:05:09 GMT -5
The Chamber of Commerce reveals the Modern Trade Confidence Index Q3 is the lowest in 5 quarters. 120613-728x485 The Chamber of Commerce points out that the Modern Trade Confidence Index Q3 dropped to the lowest level in 5 quarters, reaching 51.0. It is believed that Q4 will be good, resulting in full-year GDP growth of 2.%. Mr. Thanawat Phonwichai, Director of the Center for Economic and Business Forecasting University of the Thai Chamber of Commerce Revealing the results of the Modern Trade Entrepreneur Confidence Index survey for the third quarter of 2019 from a sample of 92 entrepreneurs, it was found that most were concerned about the natural disaster situation. Signaling a continued contraction in exports.
Including conflicts among trading partners Especially the protests in Hong Kong. and tourism that slows down Buy Bulk SMS Service according to the season The strengthening baht Consumption does not expand As a result, the confidence index of Modern Trade operators in the 3rd quarter dropped to 51.0, which is the lowest index in 5 quarters, but the future confidence index has improved. at a level of 51.4 and is said to have a tendency to continuously improve according to the economic situation. In this regard, the situation of the Modern Trade business, most entrepreneurs think that in the 4th quarter, their ability to compete with online businesses will improve at the level of 52.9. In terms of competition in product prices and the number of customers who come to use the service.
The level has decreased to 32 and competition in technology and innovation is something that entrepreneurs are concerned about at the level of 34.. However, the Forecast Center views that the Thai economy has already passed its lowest point in the third quarter and will adjust. increased during the 4th quarter, with the view that the economy in the second half of the year will expand by 3.1% and throughout this year the economy will expand by 2.%, in line with the assessment of the meeting of the Private Sector Joint Committee of 3 institutions or the FTI. . However, the Chamber of Commerce also inquired about entrepreneurs. What problems did you encounter? Most of them explained that they were affected by the request for a minimum wage that was not consistent with the economic conditions and business income.
Including conflicts among trading partners Especially the protests in Hong Kong. and tourism that slows down Buy Bulk SMS Service according to the season The strengthening baht Consumption does not expand As a result, the confidence index of Modern Trade operators in the 3rd quarter dropped to 51.0, which is the lowest index in 5 quarters, but the future confidence index has improved. at a level of 51.4 and is said to have a tendency to continuously improve according to the economic situation. In this regard, the situation of the Modern Trade business, most entrepreneurs think that in the 4th quarter, their ability to compete with online businesses will improve at the level of 52.9. In terms of competition in product prices and the number of customers who come to use the service.
The level has decreased to 32 and competition in technology and innovation is something that entrepreneurs are concerned about at the level of 34.. However, the Forecast Center views that the Thai economy has already passed its lowest point in the third quarter and will adjust. increased during the 4th quarter, with the view that the economy in the second half of the year will expand by 3.1% and throughout this year the economy will expand by 2.%, in line with the assessment of the meeting of the Private Sector Joint Committee of 3 institutions or the FTI. . However, the Chamber of Commerce also inquired about entrepreneurs. What problems did you encounter? Most of them explained that they were affected by the request for a minimum wage that was not consistent with the economic conditions and business income.