The Thai National Shippers’ Council (TNSC) still believes exports can eke out growth of 0-1% this year, as it urges swift establishment of a new government to spur the country’s trade competitiveness and address economic issues.
Chaichan Chareonsuk, chairman of the TNSC, said Thai exports from May to June are likely to slightly contract year-on-year, resulting in a 5-6% decline for the first half of the year. However, he sees opportunities in the second half to accelerate export growth and achieve a 0-1% gain for the full year.
“If we do nothing, it will remain a hope, but we have already strategised on how to actively tap more new markets for certain products. There is a possibility this year’s exports will reach 0-1% growth,” said Mr Chaichan.
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