Jump to content
BANGKOK
webfact

Shippers ask BOT to ease export pressure caused by baht’s rise

Recommended Posts

Shippers ask BOT to ease export pressure caused by baht’s rise

By The Nation

 

800_7dfe9d4293badc4.jpg?v=1597214583

 

The Thai National Shippers' Council yesterday asked the Bank of Thailand to seek ways of relieving pressure on exports from the rising baht.

 

Council vice chairman Visit Limluecha said he had discussed the matter with central bank governor Veerathai Santiprabhob, adding that the strengthening baht is hurting the competitiveness of Thai exports.

 

He said the council did not specify an appropriate level for the baht value and did not ask the central bank to interfere with its value.

 

He also asked the bank to relax conditions for its soft loan programme so as to widen access to credit for small business operators.

 

Source: https://www.nationthailand.com/business/30392820

 

nation.jpg

-- © Copyright The Nation Thailand 2020-08-13
 

Share this post


Link to post
Share on other sites

BOT has nothing to do with it...it,s the elite here who decide :whistling:

  • Like 2

Share this post


Link to post
Share on other sites

Central bankers replied to Thai shippers: Mai ben rye.  They’re hellbent on an ever rising Baht.

  • Haha 1

Share this post


Link to post
Share on other sites
5 minutes ago, hotchilli said:

Nothings happened about the bahts strength for a long time... the struggling companies have to endure the new regimes policy.

It's a bit like... "we'll screw all of you to the point you ask for subsidies or soft loans', then when we help you, you are in out debt for-ever more.

That's how dictators work they've got you in their grip.

That’s also the way CCP works with their BRI and lesser countries.

  • Like 2

Share this post


Link to post
Share on other sites
13 hours ago, webfact said:

He also asked the bank to relax conditions for its soft loan programme so as to widen access to credit for small business operators.

Well ! That is not going to happen.

The banks are already bricking themselves over the amount of NPL they are projecting.

  • Like 1

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Recently Browsing   0 members

    No registered users viewing this page.

×
×
  • Create New...