Skip to main content

UTCC: THB20 bn will be generated in Thailand by World Cup 2018

The University of the Thai Chamber of Commerce (UTCC) estimates that the World Cup 2018 will generate almost 20 billion baht in Thailand through activities related to the soccer competition.

The UTCC’s Center for Economic and Business Forecasting on Tuesday announced the findings of a survey on Thai people’s spending behavior during the World Cup this year. Most of the respondents said they intend to watch the live broadcast which will lead to higher spending through electricity consumption, purchase of TV and radio sets and computers, satellite dish and Internet installation, parties, and dining as well as purchase of souvenirs.

Most of their spending or around 15.4 billion baht will be on the purchase of commodities and parties. Around 2.46 billion baht is expected to be spent on electrical appliances and signal receivers.

The respondents also expressed concern over work and study efficiency, an increase in robbery and a higher rate of gambling. They suggested that parents should keep a close watch on their children and the government impose strict measures to prevent gambling.

Information and Source
Reporter : Suwit Rattiwan
Rewriter : Suwit Rattiwan
National News Bureau & Public Relations


Labels:

Comments

Post a Comment

Popular posts from this blog

PM Prayut concerned about rampant football betting during World Cup 2018

The Prime Minister has expressed concerns about rampant football betting among Thais since the start of World Cup 2018. Prime Minister Gen. Prayut Chan-o-cha said today that he wants Thai football fans to watch and enjoy football matches for entertainment, without letting it affect their health or efficiency at work or in the classroom. Most importantly, Gen. Prayut urged the public to refrain from football betting as such a vice can lead to debt and financial problems. The Prime Minister’s concerns are particularly directed at young Thais as many are still innocent and not aware of how something done for fun can lead to major problems in the future. He has instructed the Ministry of Education to promote an accurate understanding of the enjoyment of sports among students while engaging with parents to help keep their children away from gambling. Gen. Prayut added that the police have been monitoring all types of online betting, via websites and mobile phone applications, and he...
Post a Comment
Read more

NLA’s vice president denies claims of legislative support for government

A vice president of the National Legislative Assembly has denied claims that the legislature has been trying to help members of the current government in the next election. Mr. Peerasak Porjit, the Second Vice President of the NLA, went with a number of members of the legislature on Monday to meet over 1,000 farmers, who represent growers from 67 provinces, to collect opinions for the drafting of the Rice Act. The NLA said that the new law is not intended to limit the rights of farmers and merchants but to ensure standard practices and a correct understanding among all. According to the draft law, rice buyers will have to register themselves and sellers will have to produce receipts while a system will be set up to collect information for a rice database. The NLA expects the new law to be ready for submission to the main assembly by August 20 before it goes through a normal process. When asked if the new law might appear to be an attempt to help garner support for the current...
Post a Comment
Read more

More Bueng Kan farmers producing durian

Rubber farmers in Beung Khong Long district, Beung Kan province, have been able to supplement their incomes by growing durians. The rubber farmers have now begun picking durians from the trees as they begin to ripen. One durian plantation owner, Chaiyo Sisaeng, said his durian trees produced more durians this year. They will be harvested and ready for sale in the middle of this month. Chaiyo said the reason he started producing durian was because the weather in Bueng Kan was similar to the weather in the southern province of Nakhon Si Thammarat where he had previously rented a plot of land to grow durian trees. After returning to his hometown in Bueng Kan, he decided to grow some on his land where there are now 125 durian trees. Forty of them have produced durians this year. Chaiyo is expecting to make 20,000 baht in profit from selling the sought-after fruit. Around 100 farmers in Beung Khong Long district alone, now grow durian trees. It is expected that Beung Kan will be abl...
Post a Comment
Read more