Commerce

Thai Chamber of Commerce presents answer to strengthen economic system

Chairman of the Thai Chamber of Commerce Sanan Angubolkul speaks at the chamber's general assembly on Sunday. (Photo: Varuth Hirunyatheb)
Chairman of the Thai Chamber of Commerce Sanan Angubolkul speaks on the chamber’s common meeting on Sunday. (Photograph: Varuth Hirunyatheb)

The Thai Chamber of Commerce (TCC) is presenting Prime Minister Prayut Chan-o-cha with a white paper on the right way to “join the dots” and obtain power within the economic system, chamber chairman Sanan Angubolkul mentioned on Sunday.

Beneath the technique, the TCC is positioned on the centre of the “dot connecting” design, bringing collectively the federal government, non-public sector and the folks. 

The primary concept function was to improve the Covid-19 battered economic system and guarantee its progress may be sustained, Mr Sanan mentioned. 

The objective may be met by driving three worth chains: commerce and investments, the farm and meals sectors, and tourism and companies. 

The objective was highlighted on the TCC’s thirty ninth common meeting with a conclusion from the assembly integrated within the white paper. It will likely be offered to Gen Prayut. 

The framework reached on the assembly builds on the TCC’s tips got down to revitalise the economic system inside 99 days of Mr Sanan’s tenure as TCC chairman in March.

The rules have been adopted to spice up confidence within the economic system and resolve issues resembling labour shortages and monetary and operational constraints confronted by companies, particularly small and medium enterprises (SMEs).

Elevating financial power includes connecting the TCC’s 5 regional branches the place members are allowed to convey their opinions on the right way to overcome the pandemic disaster and sustain the tempo of progress by a collaborative strategy.

This requires financial methods mapped out by the regional places of work, that are in keeping with the nationwide financial and social growth plan and the federal government’s 20-year nationwide technique.

Mr Sanan added there’s additionally a “Join SMEs” plan carried out by the digital transformation of greater than three million SME companies within the nation. 

The SMEs make use of 12 million folks across the nation and generate 5.3 trillion baht or 34.2% of GDP. Nonetheless, the sector stays uncompetitive because it lacks tools and logistical expertise with many companies closely indebted and unable to entry finance. 

Mr Sanan mentioned members of the youthful technology are given roles in setting the nation’s financial route by adoption of the design considering idea.

The enter was gathered from younger folks within the non-public and authorities sectors by the Thai Chamber of Commerce College. 

The enter contains educating and coaching workers and employers to embrace change and deal with social points resembling social discrepancies and revenue distribution.

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