- General
- Business
- Moodys's say
- Economy
- Bank and Finance
- Politics
- Energy
- World
- Environment
- Entertainmentt
- Sport
- Agro and Food
- Lifestyle
PM: Govt stabilizes economy during its 6 months of work
By k on July 23, 2009
BANGKOK, 23 July 2009 (NNT) - The Prime Minister has expressed confidence that after 6 months in office, his administration has brought increased stability to the Kingdom and worked to increase its appeal as an investment target.
During a recent speech to open the “Thailand’s Investment Environment: Looking Forward” seminar, Prime Minister Abhisit Vejjajiva addressed 400 domestic and international investors by stating with confidence that his administration has worked for the past 6 months to stabilize the nation’s economy. The Government was intent on making Thailand a fertile ground for investment, the PM said.
He continued to say that by calming the political situation and continually stimulating the economy, his administration allowed for the possibility of positive growth. Mr Abhisit pointed to current projects such as the “Tonkla Archeep” project and the second phase of economic stimulus measures as indicators of his Government’s genuine push to salvage the economy. The PM stated that plans have already been set to improve infrastructure such as education and transport to further sharpen Thailand’s competitive edge and entice foreign investment through tax breaks. He noted that the second phase of economic stimulus measures was expected to create 1.2 million jobs.
The Prime Minister concluded his speech by stating that the private sector was an important mechanism in driving the economy and that the Government will continue to support private businesses and be open to their suggestions.
Related posts:
- Govt’s stimulus to help economic recovery BANGKOK, 24 July 2009 (NNT) – Prime Minister Abhisit...
- Satit Wonghnongtaey “Govt to revive economy further” BANGKOK, 26 May 2009 (NNT) – Minister to the Prime...
- Govt to report 6 months performance today BANGKOK, 6 August 2009 (NNT) – Prime Minister Abhisit Vejjajiva...
- Alongkorn to found Creative Economy Office within 6 months BANGKOK, 28 September 2009 (NNT) – The Creative Economy Office...
- Thai economy recovers because of low interest, says economist BANGKOK, Sept 24 (TNA) – The Thai economy has recovered...
Related posts brought to you by Yet Another Related Posts Plugin.
Readers Comments
Business News »
Thailand approves $19 million loan to Laos for road construction
March 9, 2010
Thailand approves $19 million loan to Laos for road construction
BANGKOK, March 9 (TNA) – The Thai Cabinet on Tuesday gave a green light to lend Bt655 million (US$19.8 million) to neighbouring Laos PDR for two road improvement projects, according to Finance Ministry.
The Neighbouring Countries Economic Development Cooperation Agency (NEDA) reported that financial assistance worth Bt655 [...]
Bank And Finance »
Bankers permitted to halt ATM, close bank branches in emergency
March 9, 2010
BANGKOK, Mar 9 (TNA) – The management of Thailand’s commercial banks are permitted to instruct an immediate halt to ATM services or the operations of bank branches in risk-prone areas without prior consent from the central bank, according to Bank of Thailand (BoT) Deputy Governor Krirk Vanikkul.
The BoT decision was made amid mounting rumors that [...]
General News »
ICT given more time to review changes to telecom concession contracts
March 9, 2010
BANGKOK, 9 March 2010 (NNT) - The Cabinet today voted in favor of a time extension for the examination of the amendments to concession contracts between TOT and CAT Telecom as requested by the Ministry of Information and Communication Technology (ICT).
Deputy Government Spokesman, MD Phumin Lithiraprasert, today told the press that the Cabinet has given [...]
Economy »
Thailand and USA join hands to solve trade barriers
March 9, 2010
BANGKOK, 9 March 2010 (NNT) – Thailand and the United State held a discussion to reduce trade barriers of the two countries.
The Deputy Permanent Secretary for Agriculture and Cooperatives had a meeting with the US Agriculture Ministry Executive on the import-export of fruits between the two countries.
Both countries agreed to apply the academic information for [...]
Energy »
BIMSTEC Energy Ministers’ meeting to kick off in Thailand
March 4, 2010
BANGKOK, 4 March 2010 (NNT) – The Energy Minister’s meeting under the Bay of Bengal Initiative for Multisectoral Technical and Economic Cooperation (BIMSTEC) will be held in Bangkok tomorrow to discuss heightened mutual energy security between the member countries.
High on the agenda are topics on natural gas usage with research currently conducted by the Petroleum [...]
Politics »
Cabinet approves plan to invoke security law
March 9, 2010
BANGKOK, March 9 (TNA) - Thailand’s Cabinet on Tuesday resolved to enforce the Internal Security Act (ISA) in the capital and seven surrounding provinces beginning Thursday to maintain law and order during the upcoming mass protest of the United Front for Democracy against Dictatorship (UDD).
Government spokesman Panitan Wattanayakorn said after Tuesday’s Cabinet meeting that the [...]