Thailand’s richest people are ready to answer the Prime Minister’s calls for help following an open letter sent out earlier this week.
The letter asked business leaders across Thailand for assistance in coming up with ideas and plans to help people who have been affected by the coronavirus pandemic.
One respondent, Suphachai Cheravanont, who is the Chief Executive of Charoen Pokphand (CP) Group and Board Chairman of True Corporation praised the Prime Minister’s move and called it “smart”.
He said that these businesses have supply chains and trade networks that can assist SMEs in Thailand, comparing the corporations to ministries. He said:
“Each of the businesses is like one ministry. They are from the real sector and they are running their own micro-economy. If they work under the government, the prime minister will automatically have twenty more ministries working for the administration.”
Mr. Chearavanont is Thailand’s richest man with a net worth of approximately 888 billion baht according to Forbes’ Thailand’s 50 Richest list 2020.
Another name on the list, Somphote Ahunai, who is the founder of Energy Absolute Pcl and ranks as Thailand’s 18th richest person, said he was “honored” to receive the letter from the Prime Minister.
He believes brainstorming with the country’s most powerful business leaders is the best way to address the economic issues currently facing Thailand. He said:
“Right now, the government must think new and act in a new way as we are now in survival mode. We have to balance three things — how to prevent the current stage of the virus from reaching a third-stage outbreak, how to help poor people affected by the crisis, and how to prevent the economy from deteriorating further.”
Harald Link, Chairman of B.Grimm, who ranks 12th on the richest list said he would respond to the letter this week, while Dr. Prasert Prasattong-Osoth, Co-Founder of Bangkok Dusit Medical Services, said he planned to spend 100 million baht helping local staff.
Source: Bangkok Post