- General
- Business
- Moodys's say
- Economy
- Bank and Finance
- Politics
- Energy
- World
- Environment
- Entertainmentt
- Sport
- Agro and Food
- Lifestyle
Economy growth in China risked dire inflation
By k on November 28, 2009
BANGKOK, 28 November 2009 (NNT) – The world should be aware of another burst of the bubble economy due to the fast economic growth in China, according to the Minister of Finance, Mr Korn Chatikavanij.
Mr Korn spoke today at the Thai Journalist Association executive seminar that the explosive economic growth in China might affect the global economy. He stated that the world might be hit by the inflation shock if China’s economy continued to jump against the global economic trend.
The Minister said that the economy performance in Thailand has been gradually improved at a satisfactory level. He affirmed the recent economic crisis in Dubai would not affect the flow of Thailand’s economy as Dubai can sell off its high valued assets as a part of the economy restructuring process.
Related posts:
- Dubai’s crisis will not tug Thai economy down BANGKOK, 27 November 2009 (NNT) – The Minister of Finance...
- Thai economy unaffected by Dubai economic debacle, Dong´s devaluation BANGKOK, 29 November 2009 (NNT) – The Dubai economic collapse...
- Thai economy to withstand Dubai crisis BANGKOK, 29 November 2009 (NNT) – The economic team of...
- Lifting cost-of-living alleviation measures won’t fuel inflation BANGKOK, Nov 26 (TNA) – The government’s decision to lift...
Related posts brought to you by Yet Another Related Posts Plugin.
Readers Comments
Business News »
Loan clients urged to be well-prepared for higher finance costs
July 16, 2010
BANGKOK, July 16 – Loan customers, particularly small- and medium-size enterprises (SMEs), must have well-prepared business plans to cope with higher financial costs in the face of an upward interest trend, according to the Kasikorn Research Center (KRC), a leading Thai financial think tank. Kasikorn said that major domestic commercial banks had begun raising the [...]
Bank And Finance »
Commercial banks announce hikes in interest rates on fixed deposits
July 16, 2010
BANGKOK, 16 July 2010 (NNT) —Interest rates on fixed deposits and lending rates have been hiked by financial institutions following the hike in the policy rate by the Central Bank. Krungthai Bank has announced its fixed deposit interest rate hike of 0.25-0.35%, while key lending rates would be increased by 0.125-0.15%, effective today. Siam Commercial [...]
General News »
Summary of the 9th APEC Energy Meeting
July 12, 2010
Thai delegates led by Minister of National Resources and Environment, Suwit Khunkitti, along with international counterparts from 20 countries attended the 9th Asia-Pacific Economic Cooperation (APEC) Energy Ministerial Meeting in Fukui, Japan on 19 June 2010. During the summit, a speech on the “Low Carbon Paths to Energy Security: Cooperative Energy Solutions for a Sustainable [...]
Economy »
4 Govt agencies cooperate to promote Thai investment abroad
July 12, 2010
BANGKOK, 12 July 2010 (NNT) – The Office of Thailand Trade Representative (TTR) joins force with three financial institutions to promote Thai investments abroad, with operators in various business groups showing keen interest in the project. TTR along with SME Bank, EXIM Bank and the Government Pension Fund (GPF) announced their cooperation in credit support [...]
Energy »
Moody´s chops down PTT´s credit
June 29, 2010
BANGKOK, 29 June 2010 (NNT) – An international credit rating firm, Moody’s Investors Service, has lowered the creditworthiness of Thai petroleum giant PTT Plc from A2 to A3 with a negative outlook. Moody’s Investors Service has changed the local currency issuer rating for PTT Plc from A2 stable to A3 negative while the foreign currency [...]
Politics »
One month needed for Interpol consideration over Thaksin´s case
July 16, 2010
BANGKOK, 16 July 2010 (NNT) – A nod from the Paris-based international police intelligence-sharing association, Interpol, over case of self-exiled ex Prime Minister Thaksin Shinawatra should be known within one month. Police Maj-General Terdsak Rujirawong, Commander of the Royal Thai Police Foreign Affairs Division, said on Friday that an arrest warrant on terrorism charge issued [...]