1-year NCPO: Thai govt gets a pass mark for first year in power

[webfact]

1-YEAR NCPO
Govt gets a pass mark for first year in power
Business Reporters
The Nation



BANGKOK: -- Many business executives are satisfied with the government's first-year performance, but say there are some key problems it has not solved.

Sermkhun Kunawong, chairman of the Event Management Association, said that the National Council for Peace and Order's performance should be rated 6.5 out of 10 as the overall economy was still sluggish even after a series of the government economic policies.

He said household debt remained high while earnings in the agriculture and retail sectors had not improved.

Sermkhun suggested that the government should emphasise more on quick-win industries, such as tourism and MICE (meetings, incentives, conventions and exhibitions).

He also suggested that staging a series of mega-events in the Kingdom would be a good way to help promote Thailand as one of the world's leading tourism destinations. By doing so, local event businesses and related businesses, ranging from small-sized enterprises to national organisations, would gain huge benefits.

Wichit Aurareevorakul, president of Charoen Cable TV, gave the junta 10 out of 10 for its brave decision to seize control in the coup to end the political conflicts destroying the economy.

However he gave it five out of 10 for its economic policies to revitalise the economy.

He suggested that the government should focus more on the design and implementation of macro-economic policies for long-term and sustainable development.

Wichit said the government should encourage state enterprises and government bodies to inject money into key industries to stimulate the economy, activate key economic engines and generate jobs.

Prasert Taedullayasatit, president of the Thai Condominium Association, said that since the junta began managing the country on May 22 last year, the political situation had become quite stable while the management of economy was still facing problems caused by the global economic slowdown.

He said the situation however was better before the junta took control of the country.

"We give the grade seven from 10 because we can do business and drive business growth after the junta started managing the country, when previously we could not do business," he said.

Prasert said that the government needed to speed up restructuring the economy, especially the tax system.

It also needed to clarify what would be done to do this and what would not to be done. Doing so would send a clear signal to the business sector so businesses could set up strategies to work with the country's policies.

Aphinant Klewpatinond, president of Kiatnakin Bank, said that what he expected from the junta government after one year of administration was for it to speed up privatisation of state enterprises and specialised financial institutions.

Aphinant said both of them had critical roles in the economy but small executions had been made.

He also expected that the government's investment in the country's infrastructure would help increase productivity in the long term.

Lars-Ake Norling, chief executive officer of Total Access Communication, said that the government's initiatives on the digital economy were promising.

He said what was even more impressive was the Ad Hoc Digital Economy Committee's recent endorsement of the National Broadcasting and Telecommunications Commission's planned auctions of 1800 MHz and 900 MHz licences in 2015, as that had improved the confidence of investors.

He added that as mobile broadband was an important enabler for the digital economy and for digital inclusion, DTAC would like to encourage and support the NCPO, the government and the NBTC to move forward to include more spectrum bands for auction as early as possible to expand 3G and 4G services.

Vichai Bencharongkul, president of the Telecommunications Association of Thailand, said he gave 10 out 10 to the government's initiative to promote the digital economy. But he said it remained to be seen in the long term if the government could make successful policy implementations.

Vichai said the digital economy would help bridge the digital divide and bring affordable ICT-based services to people.

Nitipat Praweenwongwuthi, associate director at Acer Computer, said the government's management of the country to date helped create a secure society.

Nitipat said the government's policies had allowed firms to be confident when implementing business plans and strategies, and could lead to more consumer confidence in the purchasing of goods such as new IT products to support their lifestyles.

Nakrop Niamnamtham, managing director of nForce Secure Systems, said that the government should hire experts who were able to create much more productivity for managing the country.

Source: http://www.nationmultimedia.com/business/Govt-gets-a-pass-mark-for-first-year-in-power-30260292.html


-- The Nation 2015-05-18

[NongKhaiKid]

Now wouldn't have been something if the result had been a FAIL grading ?

Maybe some of those surveyed didn't want to actually gush and may have been guarded in answers in comments, after all the PM's views on negativity are well known.

Since they're all doing so well they might as well stay on in power, oh no what have i just said ?

[redandyellow]

- Inability to address Rohingya human trafficking

- Inability to address carnage on the roadways

- Inability to address the Status Quo of "Democracy" in Thailand

- Inability to address to expat Boiler Rooms, scamming people out of millions of dollars every day

- Inability to address inherent corruption

I'll give them a Pass - because I just got paid to do so..

[mikemac]

Now wouldn't have been something if the result had been a FAIL grading ?

Maybe some of those surveyed didn't want to actually gush and may have been guarded in answers in comments, after all the PM's views on negativity are well known.

Since they're all doing so well they might as well stay on in power, oh no what have i just said ?

....................."Sermkhun Kunawong, chairman of the Event Management Association, said that the National Council for Peace and Order's performance should be rated 6.5 out of 10 as the overall economy was still sluggish even after a series of the government economic policies.".......................

Sounds like this guy is not afraid to speak his mind, and he only gave them 6.5 out of 10.

[tbthailand]

so a bunch of junta-huggers give the junta a passing grade

surprise surprise surprise

[FangFerang]

Business executives and trade association personnel love the junta--like Oliver Twist, "Please, sir, can I have some more?"

Nobody is talking to the populace, except in very controlled and cherry-picked polls.....

[FangFerang]

"Wichit Aurareevorakul, president of Charoen Cable TV, gave the junta 10 out of 10 for its brave decision to seize control in the coup"

Wow. In whose pocket does this sycophant dwell?.....

[Baerboxer]

so a bunch of junta-huggers give the junta a passing grade

surprise surprise surprise

Lies, damned lies and statistics!

Never believe what the politicians produce or say - it's intended to influence not inform.

About as believable as when a politician claims to be honest and never have done anything wrong!

[MaxLee]

If you have the power of "article 'that-must-not-be-named", you can technically rate yourself a super government without any restrictions from anyone.

[h90]

- Inability to address Rohingya human trafficking

- Inability to address carnage on the roadways

- Inability to address the Status Quo of "Democracy" in Thailand

- Inability to address to expat Boiler Rooms, scamming people out of millions of dollars every day

- Inability to address inherent corruption

I'll give them a Pass - because I just got paid to do so..

A lot is done to reduce corruption....I give 3 of 5 stars (5 I would only give if they hang them in front of my house)

A lot is done about stealing and destroying national parks 4 of 5 stars

A lot is done to reduce national debts, 3 of 5 stars

A lot is done to improve police 3 of 5 stars

A lot is done for Democracy....no shooting on the streets anymore, no reds burn down houses, try to make fair elections possible in the future.....at the moment 4 stars, 5 stars if really no vote buying happens

previous government got 5 stars for the beauty of the PM. (while Prayut get 0) So 17 against 5 stars.

[toybits]

Meanwhile...

NESDB slashes Thai economic growth forecast

Thailand could lose nearly $1 bn to EU import ban: minister UN chief urges PM to treat boat people with dignity

Am confused... Honestly...

[h90]

Business executives and trade association personnel love the junta--like Oliver Twist, "Please, sir, can I have some more?"

Nobody is talking to the populace, except in very controlled and cherry-picked polls.....

We as company love it when it is silent and predictable with low corruption....

[retarius]

The economy is going down the toilet, and there seems little but fine sounding words from NCPO to prevent it. I wouldn't rate this as a pass, but rather as 'indeterminate' since so little has changed.

[Anon999]

The economy is going down the toilet, and there seems little but fine sounding words from NCPO to prevent it. I wouldn't rate this as a pass, but rather as 'indeterminate' since so little has changed.

An economy is controlled mainly by two things firstly what is happening in the developed countries and secondly the decisions taken for the national economy. Neither are controlled by a switch and take significant time to have a positive effect and even a negative impact is not instantaneous. Additionally information is only available some time after the effect and is therefore history and can only be taken as a guide. Furthermore, like any 'sales chart' the results do not provide a straight line, with short term fluctuations skewing the overall picture. Only medium term data will give you a realistic picture and of course any corrections are behind the curve.