Most CEOs downbeat on Thai economy 2020, survey finds

By THE NATION

 

 

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

 

-- © Copyright The Nation Thailand 2020-01-06

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we need a "superpoll" to fix  this

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

1 hour ago, shadowofacloud said:

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

 Nah. The definitive solution: TAT.

 

They'll soon make joy where gloom lives. Probably won't last for very long but hey... one man's rubbery figures are another man's gospel truth. Honest.

 

Trust Mad Uncle Too

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

With 75 percent of your revenue coming from exports to countries whose currencies are weaker, slowing economies and stiff competition other countries, why would anyone think otherwise?  cha cha has ruined Thailand's competitiveness by closing off the country to foreign entrepreneurs, poorly managing the country's currency and making Thailand dull.  

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!

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????????????????

4 hours ago, Destiny1990 said:

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

And the Olympic games...

We need another fake poll to offset against this one????????????