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pressing issues - Economy Poll

tiggs · 12 · 301

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Offline tiggs

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Economy is still most pressing issue: Poll

The economy is still the most important current issue, followed by the coronavirus, according to an opinion survey by Suan Dusit Rajabhat University, or Suan Dusit Poll.

The poll was carried out on March 3-7 on 1,162 people throughout the country to compile their opinions on current issues in politics, the economy and security of life and property.

Each respondent was allowed to give more than one answer.

Asked to outline their concerns in the present situation, 78.45% of respondents pointed to economic problems, saying their income could barely keep up with the rising prices of goods, forcing them to look for extra jobs. They suggested that the government step up efforts to solve this problem.

The problem of the Covid-19 coronavirus was mentioned by 71.47% of the respondents. They suggested the government should find venues to keep high-risk people in quarantine, quickly overcome the shortage of face masks, provide assistance to hospitals in need of help and report the truth about the spread of the virus among the population.

The respondents also voiced concerns over banditry and violent crimes (64.51%), political instability (58.93%) and the slump in tourism (57.60%).

bangkokpost.com
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Online dam12641

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The part to note is: "Asked to outline their concerns in the present situation, 78.45% of respondents pointed to economic problems, saying their income could barely keep up with the rising prices of goods, forcing them to look for extra jobs. They suggested that the government step up efforts to solve this problem."

And they will expect the government to respond by the old socialist principle of doling out more freebies. (ignoring the fact that this is merely the old socialist principle of the government bribing the people with their own money).

The Thais need to either urge the government to create an atmosphere to encourage enterprise (a la Singapore, or even Viet Nam, or date I say it the PRC), or failing that, JFDI themselves.


Offline tiggs

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Online dam12641

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Indeed.

The 2nd link "Ex-EC member objects to Bt100-bn handout proposal"

shows staggeringly inept economics.

Basically an old school Communist who still believes in the Command Economy.
Much like General Prayut actually.



Offline tiggs

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“You Can Fool All the People”: Did Lincoln Say It?  ;)
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Offline tiggs

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Poll shows 71.2% reject government cash giveaway scheme

71.2% of respondents, to a Super Poll opinion survey, disagree with the Government’s plan to give two 1,000 baht monthly cash handouts to low income earners, as part of the new economic stimulus package aimed at cushioning the impact of the economic crunch and the COVID-19 threat.

The poll results also show that 91.7% want returnees from high-risk countries to be quarantined for up to 27 days, instead of 14 days, and that the Government and Thai embassies, in countries with widespread COVID-19 infections, should stop issuing entry visas to people.

Super Poll surveyed 1,129 people, representing all occupations across the country, between March 5th and 7th regarding COVID-19.

Super Poll director Noppadol Kannikar said today that 75.2% of the respondents were concerned that people coming to Thailand from the high-risk countries, both infected and not infected, might lack social responsibility and spread the disease, while 64.3% were afraid that these arrivals might not tell the truth about their health.

67.9% are worried that arrivals from high risk countries might impact the tourism sector, while 44.5% are afraid of those coming from high risk countries.

96.4% are supportive of the Charoen Pokphand Group’s proposal to build a factory to produce face masks for free distribution to the people, and transfer the factory to Chulalongkorn Hospital after the virus threat has passed.

95.3% of the respondents agree that tough action should be taken against returnees from high risk countries who do not observe mandatory quarantine.

Noppadol also said that the poll results indicate that the Government’s support base is eroding, as reflected in the high percentage opposed to the latest cash giveaway.

He suggested that the Government reform its research methods, so that any future measures better suit the requirements of the people.

thaipbsworld.com
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Online caller

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Lets be honest and it's no surprise, the Government are completely out of their depth. They are clowns dressed up as politicians.

All Prayet cares about is his popularity. He thinks giving out charity will make him popular. You have ministers leading Govt. Dept's sold to them as a sop to supporting the generals and all it's all about exploiting their positions for profit, not actually doing anything.

Thailand has been an economy rolling on for years  with very little input needed. The private sector were managing fine despite the incompetence of Govt and the Thai civil service, another institution that has not moved with the times, as to do so, will cut the access ensuring enough seniors are able to keep their snouts in the trough. 

And now it's all going pear shaped and no-one in a position of power knows what to do, like cutting import duties and the burden this places on big business - cutting prices might help more goods become affordable, help to cut debt and encourage spending at the same time, but nah, protectionism works - or did.  And the baht still remains so high. Methinks this could be the Generals last hurrah before they cut and run. When even the CEO of one of Thailands largest retails groups openly criticises their record on everything from pollution to the virus, then you know patience is wearing thin. 


Offline tiggs

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yes it's all falling apart, popularity & face most important to some, the younger gerneration have started to show their concern now, fearless.    with the latest pandemic, hitting just about everywhere, there will be little to give away anyway, got the drought to come next.

Household debt is squeezing the nation, borrow, borrow, borrow, everything is made so easy if you want a motorbike no deposit no problem, just pay the first months instalment, worry about the rest later.

The Bank of Thailand’s information also reveals that, for the past 15 years, the economy did not grow from production efficiency, but from pure borrowing. so debt rose at a far greater rate than GDP growth. serious problem purchasing power increased not from economic activities, but from borrowing. sad borrowing is the only option to maintain a decent lifestyle.

Bad management could be by getting that position your in, because the old pals act, not working your way up to the job, so you know very little of how to handle a problem when arises, like we have just seen.

interesting to see how it all turns out.
« Last Edit: March 09, 2020, 03:48:33 PM by tiggs »
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Offline tiggs

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their own money :)

Bt2,000 hand-outs coming to low-income earners
B2,000 handouts plan cancelled
The handout was widely criticised on and off social media as a waste of money and a misguided priority at a time when people are struggling to find face masks to help shield themselves from the virus. bangkokpost.com

The plan has come under heavy criticism from economists and the Opposition, pointing out that it will be a waste of taxpayers’ money and will not help boost the slowing economy.   thaipbsworld.com
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Offline Alfie

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2000 baht handout scrapped, so let's try another way ...

Quote
energy-related measures to ease economic hardship

 include a 3,000 baht refund to each household which paid the 3,000 baht insurance fee for installation of each electricity meter.  There are about 21.5 million households and small business enterprises which have paid the fee.

Energy Minister Sontirat Sontijirawong said today that about 30 billion baht will be needed for the meter refund scheme, adding that the second measure is to freeze the electricity charge for households at 3.50 baht per unit for three months.


thaipbsworld.com


Offline tiggs

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2000 baht handout scrapped, so let's try another way ...

Quote
energy-related measures to ease economic hardship

 include a 3,000 baht refund to each household which paid the 3,000 baht insurance fee for installation of each electricity meter.  There are about 21.5 million households and small business enterprises which have paid the fee.

Energy Minister Sontirat Sontijirawong said today that about 30 billion baht will be needed for the meter refund scheme, adding that the second measure is to freeze the electricity charge for households at 3.50 baht per unit for three months.


thaipbsworld.com
is time running out - a very brave reporter - you could say the voice of the nation

if there is no improvement soon, the government has to count down the days to losing power  nationthailand.com
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Offline tiggs

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Power rate to stay at Bt3.64/unit during May to Aug

Electricity charge will stay at Bt3.64 per unit for another four months, following a decision of the Energy Regulatory Commission (ERC) on March 12 to maintain the fuel tariff (Ft) rate for May to August at minus 11.60 satang per unit.

It aims to ease the cost of living for Thai households affected by the economic impact of Covid-19 , said ERC secretary-general Khomgrich Tantravanich on Thursday.

Power demand during May to August is expected to reach 69,920 million units, up from the estimated 65,724 million units for the first four months( January-April)

nationthailand.com
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