CEOs Meet PM Prayut To Share Ideas For Economic Recovery

On Wednesday, 40 CEOs told the prime minister that Thailand needed a more generous economic relief plan and clear vaccination alternatives to fight the Covid-19 crisis.

Prime Minister Prayut Chan-o-cha met with 40 leading business operators to discuss a solution to assist with the financial implications of the pandemic situation.

Thai Chamber of Commerce (TCC) chairman Sanan Angubolkul said the business’ sector representatives were concerned about the health crisis and the government’s vaccine procurement, which have missed their target.

Also, the increasing number of Covid-19 cases and deaths have weighed down the country’s economy.

The TTC and the 40 CEOs are committed to support authorities’ plans to combat the deadly virus.

They recommended the government to rely on the 25 non-hospital jab spots to speed up vaccinations in Bangkok, the worst-hit province.

Business operators stated that vaccination points could free up hospitals from their immunization tasks to help them concentrate on treatment for coronavirus patients.

Also, Advanced Info Service AIS’ CEO Somchai Lertsuttiwong asked the government to explain the options they consider when vaccine procurement plans change.

He also recommended the government to divert non-essential expenses to funds employed to tackle the crisis.

Mr. Sanan added that officials must consider more aid to employers whose business had been suspended for over 90 days due to Covid-19 restrictions.

Besides, he said that affected businesses should get low-interest loans from financial institutions and tax incentives from the Board of Investment as part of the economic stimulus strategies.

The TCC and the CEOs also told Gen Prayut that jabs should be administered in a timely manner to Thai and migrant workers in industries categorized as “labor-intensive.”

In response, Government spokesman Anucha Burapachaisri thanked leading business operators for their help and ideas to fight the devastating pandemic.

He also said that the prime minister would work to guarantee that all proposals are put into action.