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Thai economy.. What will it be from now on?
During a time when the global economy is bleak, many business owners.
In need of a financial institution that is ready to take care of our investment financial advisory.
Because it helps us to relax and have more time with our loved ones.
This is the most important happiness in life.
KRUNGSRI EXCLUSIVE. Financial advisor service. Investment for those who have deposits / investments with banks of 5 million baht or more has come to meet the problem.
Because one of the special privileges in finance and lifestyle, it's a wide range of consultancy and analytics from top experts.
That will help us decide to adjust the portfolio, create opportunities and reduce risks, especially in this volatile economic situation.
Even during the COVID-19 period, we still send care through the screen.
With an online seminar with leading national and international experts, it's often a good investment direction.
Recently, there is an online seminar ′′ Thai economic direction half year after 2563 ′′
So how interesting is this job? Invest man will tell you about it.
Believe it or not, GDP will be 10.3 % negative this year.
From last year, Thailand's GDP is worth 16.9 trillion baht.
Which means this year, the country's GDP will be lost at least 1.69 trillion baht.
This story is not difficult to guess the reason because COVID-19 has infected into a severe Thai economic system.
This crisis also makes us see the weaknesses in the Thai economic system more clearly.
Last year Thailand had 39.8 million tourists together.
Earn 1.9 trillion baht or think 11 % of GDP
But when foreign tourists in the first 5 months of the year drop 60 %
Specifically, the numbers after April are recently. This number is almost zero.
And there's no point increasing as long as we don't open the door for foreign tourists.
Thailand exports worth around 7.6 trillion baht in the first 5 months of this year. 22.5 % decrease.
I still don't know how much export numbers will be reduced by the end of 2563
From the above numbers, it can be concluded that the Thai economic system relies on foreign income.
Be the main heart
The question that many people are wanting answers is
Today Thailand is out of sickness from COVID-19 plague.
When will we return to normal condition?
The answer is that the Thai economy will recover with markers as long tailed as Nike logo.
And we will see GDP back positive again. Quarter 2 next year.
And I will return to the same place. I will have to wait 3 years from today.
Now many people question whether we can hold our breath until that day?
Earlier during the outbreak of Covid-19, Ministry of Finance, there was a cure for 5,000 Baht per person. The amount of 15.3 million people thought about 217,500 million Baht.
As for business sector SMEs, financial institutions have extended moratoriums.
While in the tourism sector, we choose to rely on people in the country through the project ′′ we travel together ′′ because in the day that there is no vaccine to eliminate COVID-19 to disappear.
This way is the best solution
Even missing foreign tourists can't compensate
But this plan, the government has hoped that it would be 10.6 million Thai people.
I traveled abroad and spent 4 billion baht in the last year.
Turn around to travel in Thailand this year.
However, the government thinks it's not enough to stimulate the Thai economy from crisis.
Out of the hospital. The school. A. K. A loan of 1 trillion baht in the quarter of 3 has happened.
With payment plan, this part consists of
Healing the affected people for 3 months and provide agricultural equipment, medical equipment, total of 6 billion baht.
The remaining 4 billion baht will be used to revive the community level economy of each province.
In this loan, there is a question following
Is Thailand's public debt today in danger?
Thailand currently has 40 % of GDP public debt.
While in 2543, the country is salvaging the Tom Yum Kung crisis.
Public debt has touched 59 % of GDP and when the numbers reach 60 is dangerous.
This story is telling us that Thailand still has enough bullets left to make public debt today.
To tackle the current economic crisis
However, it's better if business owners stop thinking about holding their breath to wait for the COVID-19 vaccine or waiting for the Thai economy to recover.
Why aren't we looking for new oxygen tanks that are our own.
By modifying business to the crisis faced and changed people's behaviors.
Our business, if we write it ourselves, it's better than waiting for destiny to determine..
This is the information that invested manly from attending a seminar with KRUNGSRI EXCLUSIVE
Which must be said, it's very invaluable with the era that we need to lead our business through the biggest economic crisis in history.
And when we get through this crisis, we can live aesthetic life with our loved ones.
With the special privileges of KRUNGSRI EXCLUSIVE, fulfill the happiness in our lives.Translated
