High costs, lower income hurting businesses
Market participants anticipate that Prime Minister Paetongtarn Shinawatra will concentrate on stabilizing the country’s economy as rising prices affect their organizations.
Monday, the Bangkok Post visited Bang Lamphu Market in Khon Kaen’s Muang area to find out what suppliers in the newly elected prime minister’s office expect.
Wannida Nakcha, 29, a sausage seller at the business, said she hopes Ms Paetongtarn’s focus is ending the government’s financial difficulties.
She claims that all suppliers are having declining sales while their company costs have increased.
She noted, however, that it is challenging for sellers to increase the costs of their goods because their customers are similarly impacted by their complaints.
In terms of the digital wallet funds flyer scheme, Ms. Wannida stated that she anticipates the project being carried out, adding that it would be wonderful if there were no requirements for cash handouts.
Arayanee Niampradit, a 62-year-old who professionals Bang Lampu Market, said all the vendors that share the exact problems over the financial situation.
No other trouble things at the moment, Ms Arayanee said.
She claimed that the business was very quiet at the current Hungry Ghost Festival in contrast to the previous period when it was full of holiday shoppers.
She even suggested that Ms. Paetongtarn’s economic recovery does not take longer than three months.
” She should n’t take longer than three months because she has a team ready to work”, said Ms Arayanee. We should be able to determine whether she has improved or worsened the nation in three weeks.
Financial problems is being felt global, with a deep-fried fruit vendor in Maha Sarakham state saying the price of bananas has doubled, increasing from 15-20 ringgit per number to 40 ringgit per number.
In a different growth, assistant People’s Party leader Sirikanya Tansakul claimed there is a rumor that the information of the digital wallet system, including the quantity being distributed, may be changed to abide by fiscal discipline regulations.