BANGKOK, 24 October 2011 – Thailand Wholesale and Retail Association has predicted that the country will see a tight money situation after the floods while suggesting that self-reliance can help people pull through this difficult time.
Although instant food manufacturers are enjoying their sales jump, Thailand Wholesale and Retail Association has forecast that the public frantic search for dried or canned food would eventually die down. The fact that Thailand is one of the world’s major food sources has given Thai people the habit of eating different kinds of food. So, they will by no means be able to eat the same kind of food for a long time.
The Association also said that following the devastating flood would be a deflationary phase, and related agencies should come up with ways to promote employment and boost trade among people of all levels.
Community-level trade should be promoted to instill the importance of self-reliance and the habit of sharing in Thai people, which the Association believes will help the country survive the crisis.
