BANGKOK, Sept 10 (TNA) – Thailand’s business sentiment
dropped to a 19-month low in August amid mounting calls for more economic
stimulants, according to the University of the Thai Chamber of Commerce (UTCC).
UTCC president Sauwanee Thairungroj on Tuesday reported the
Thai Chamber of Commerce (TCC) confidence index showing the index fell from
46.7 points in July to 46.5 in August.
The index which is a gauge of nationwide business sentiment
reflected concerns over the overall economic conditions among business
operators as it sample members of the Chamber of Commerce.
Sauwanee recommended the policymakers to speedup economic
stimulus packages while boosting marketing promotion for agricultural products.
Consumer price control was needed to ease the burden on
manufacturers and consumers, she said.
Small and medium-sized enterprises [SMEs] should be provided
with soft loans to maintain their liquidity, said Sauwanee.
The UTCC has kept its economic growth forecast at 3-3.2
percent under the condition that the government economic packages are fully implemented.
(TNA)
