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Sunday, April 28, 2024

JSCCIB regroups for 2021 forecast change

Supant Mongkolsuthree, chairman of the Federation of Thai Industries

The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) plans to reassess Thailand’s economic outlook in 2021 on Wednesday as stronger state measures against the new outbreak have begun to affect employment in at-risk provinces.

A surge in daily infections since late last year, with a record of 745 new coronavirus cases yesterday, has meant several business sectors, particularly restaurants, are suffering.

The situation prompted the JSCCIB to reconsider the impact of the pandemic on the economy, said Supant Mongkolsuthree, chairman of the Federation of Thai Industries (FTI).

“It is too soon to say whether we will downgrade the economic forecast. The FTI wants to discuss the impact with other JSCCIB members on Wednesday…

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