Chanthaburi, June 16 - Chairman of the Thai Chamber of Commerce and the Board of Trade of Thailand reveals the results of the meeting of members of the Eastern Chamber of Commerce, indicating the fruit - durian in this sector. continued good growth But still worried about the bad debt across the country, the number is increasing. Advise all parties to urgently find solutions to such problems.
Mr. Sanan Angubolkul, Chairman of the Board of Directors of the Thai Chamber of Commerce and the Board of Trade of Thailand, revealed that he had held a meeting of the Eastern Region Roaming Executive Committee. Between June 15-16 at the Blue Rabbit Hotel, Chanthaburi Province, with an important issue that the Central Chamber of Commerce and the Eastern Region met to discuss the situation of the eastern fruits, where this year's price is quite good. According to the Ministry of Agriculture's report, it was found that in the first 120 days of the year (Feb.-May), more than 450,000 tons of durian could be exported to China, generating revenue of over a hundred billion baht, which was almost equal to the export value. last year's exports This year, we have heard information from entrepreneurs and the agricultural sector in the eastern region. Know that the price of fruit, especially the demand for durian, continues to grow. The Chamber of Commerce The eastern region estimates that the value of all kinds of fruit exports in Thailand this year may grow to 200-300 billion baht from last year's value of 172 billion baht.
However, what farmers and entrepreneurs export durian in the area are concerned about the risk of the market that currently depends on income from exports, especially China, which is up to 96% of all durian exports, which during the 2- Three years of the COVID-19 crisis, it was clear that new markets had to be found. come to support and diversify risks from relying on the Chinese market for the most part Which new potential markets and the Chamber of Commerce aims to expand Thai fruit exports is the Middle East, especially Saudi Arabia where most people still do not know fruit and Thai durian due to the relationship for more than 32 years, the Chamber of Commerce has plans to coordinate with the Royal Thai Embassy in Saudi Arabia to organize a Durian Party to publicize and open up new experiences with Thai fruits that are known to have good taste as well as bringing jewelry and gems from the eastern region to the show for executives and important guests of Saudi to expand the jewelry market to high purchasing power groups as well
However, another important issue There was also a discussion on the issue of household debt reflected from the information received from financial institutions that the number of cars that were stretched back 90,000 in the first 5 months was a signal indicating that Since the beginning of the year, the economic situation has not fully recovered. causing problems with bad debt and financial discipline As a result, car loans in the GEN X and GEN Y groups are problematic, which requires a thorough management plan, otherwise it may spread to other types of loans as well, which is the cause of current household debt problems. However, when looking at economic growth data relative to other factors, it is still found that agricultural crops are currently priced well. In addition, the tourism sector continues to grow steadily. causing the domestic economy to start
better signs of recovery Which is expected that throughout the year there will be approximately 28 - 30 million foreign tourists, so the Chamber of Commerce believes that the situation should be relieved. Because the overall economy is recovering at a good level Other industries remain strong and able to adapt to various situations. At present, the Thai economy faces many challenges that must be closely monitored. Especially concern about the current political situation and uncertainty. which hopes that the process of forming a new government will be successful smoothly and quickly in order to make policies related to budget allocation continuity And can formulate policies to solve the problems of the people's stomach economy and household debt in a timely manner. to reduce concerns and build confidence in the business sector Including helping both large entrepreneurs and SMEs to recover and continue their business.-Thai News Agency
Source: Thai News Agency