Exports, a key driver of the country’s economic growth, could fare better than 3-4% growth this year if the government provides more support, particularly in handling the persistent baht rise and the container shortage, says the Thai National Shippers’ Council (TNSC).
According to Ghanyapad Tantipipatpong, the TNSC’s chairwoman, the government through the Bank of Thailand has to ensure the baht’s stability to make it competitive, in line with the currencies of our trade competitors to avoid compounding the hardships of entrepreneurs being battered by the pandemic.
She said the government is also urged to speed up tackling the container shortage by utilising containers seized by the Customs Department, reducing port charges at key ports to stimulate the import of empty containers to Thailand, and providing aid measures as well as subsidies to exporters and…
