Business sector sees the core government party as quick-thinking, strong and able to make quick decisions, believing the new government will continue to push forward economic policies. Mr. Uten Lohachitpitaks, Group Chief Executive Officer, Pruksa Holding Public Company Limited, talked about the political change situation after Mr. Settha Thavisin left the position of Prime Minister. From following the news, it was found that the core government party will still be in the coalition government, so he believes that there will be no bad changes. If there are changes, they will be for the better. One thing that is reassuring to see is the crystallization of the selection of a new government leader quickly, taking only one night. It is not a long-winded group of political parties that think quickly, are strong, and can make decisions quickly, making the government's policy implementation mechanisms non-stop. This is the most important thing for the people at this time. As for the economic direction in the second half of the year, if the government will maintain its economic policy unchanged, it will play an important role in improving the consumption sector compared to the first half of the year. Meanwhile, there is hope that the Bank of Thailand will have the opportunity to reduce interest rates following the direction of central banks around the world, which is part of increasing purchasing power for the public sector. However, if the Bank of Thailand does not reduce interest rates, it will affect the debt burden and purchasing power will decrease. Currently, purchasing power at the lower level has already contracted. The Pruksa Group has prepared to support customers with interest rates by joining hands with several banks. For the first half of 2024, the company generated revenue of 9,864 million baht, maintained a good gross profit margin of 33%, and maintained a strong financial position with a low net gearing ratio of 0.39 times. DCIM\101MEDIA\DJI_0507.JPG For the real estate business, in the first half of t he year, the company transferred 8,310 million baht and made sales of 7,478 million baht, with the single-detached house product group having sales of 2,696 million baht, growing by about 9% from the same period last year. It launched 6 new projects worth 7,509 million baht and in the second half of the year, plans to launch 23 projects worth 19,600 million baht. All projects are designed with usable space suitable for residents of all ages, using innovations in living while still paying attention to the impact on the environment. The company still has a backlog of sales worth about 4,900 million baht (65% of the expected transfer this year) and still has products that are still on sale worth a total of 62,577 million baht, which can support growth for up to 2.5 years. In addition, the company aims to expand its real estate business to be fully integrated and has launched 'Vizlah TH', a fully integrated e-marketplace service business that provides complete interior decoration services in a full-scale manner. It has partnered with 'Sunray Group', the largest company specializing in design, construction, and interior decoration in Singapore, to fully launch the Vizlah Super App under the name 'Wizlah TH', which will be a platform connecting architects and customers to become part of the home decoration ecosystem. It has strengths in using AI, AR, and 3D technologies to simulate interior decoration to place furniture in a virtual 3D format, allowing customers to see a clear picture before ordering, which helps reduce customers' pain points from hesitation from not being able to see and touch the actual product. The healthcare business has grown in all dimensions, generating 1,013 million baht in revenue in the first half of the year, a 19% increase compared to the same period in 2023. During the past year, Wimut has partnered with 'Namwiwat' to establish a joint venture company called 'Serviso Healthcare Solution', providing cleaning and sterilization services to sterilize medical equipment, treating infectious med ical waste, and providing biomedical engineering services. Wimut has also moved forward with its investment plan worth a total of over 1,500 million baht, preparing to open a specialized hospital in the Thonglor area, and preparing to open two hospitals for the elderly in the Watcharapol and Bearing areas, as well as three more patient and elderly care centers. Source: Thai News Agency