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Most CEOs downbeat on Thai economy 2020, survey finds


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Posted

Most CEOs downbeat on Thai economy 2020, survey finds

By THE NATION

 

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Many chief executive officers did not expect Thailand's economy would improve this year, citing global economic uncertainties, according to the "CEO Survey" of 100 individuals, conducted by Krungthep Thurakit newspaper in December last year.

 

Around 68.4 per cent of the respondents did not expect the economy to improve this year, while 31.6 per cent was of the opinion that the economy would fare better this year. 

 

Of those who did not expect an improvement, 29.6 per cent said the economy was expected to slow down, while 25.5 per cent expected flat growth.

 

Meanwhile, 40.2 per cent of the respondents said the digital disruption would pose a challenge to business this year. 

 

Of the total, 81.6 per cent said they would go ahead with business plans while 51.5 per cent would focus on developing business platforms for new revenue sources.

 

Source: https://www.nationthailand.com/business/30380196

 

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-- © Copyright The Nation Thailand 2020-01-06
Posted
17 hours ago, webfact said:

Many chief executive officers did not expect Thailand's economy would improve this year, citing global economic uncertainties, according to the "CEO Survey" of 100 individuals, conducted by Krungthep Thurakit newspaper in December last year.

There is no need to interview these "experts" to realize in which direction the Thai economy is moving!

  • Thanks 1
Posted
18 hours ago, shadowofacloud said:

I am sure another crackdown will help. Say, a crackdown on pessimistic CEOs.

Why don't they go and see the same fortune teller that TAT did!!! It changed the whole tourist prophecy!!! 5555????????????????

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Posted
4 hours ago, Destiny1990 said:

Just blame it on the European football tournament this coming June. 

And the Olympic games...

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