economy

PM expects 6% expansion in the economy

By k on June 23, 2010

BANGKOK, 23 June 2010 (NNT) – The Thai economy is speculated to expand by 6% after remedial measures have been implemented for rally affected businesses, according to Prime Minister Abhisit Vajjajiva. The Prime Minister on Wednesday disclosed that the government had been trying to restore investors’ confidence after the anti-government rally took place during the [...]

PM assigns weekly Cabinet meeting on economy

By k on June 21, 2010

BANGKOK, 21 June 2010 (NNT) — The Cabinet meeting on the Thai economy will be held every week, as assigned by the Thai premier, according to Ampon Kittiampon, secretary-general of the National Economic and Social Development Board (NESDB). Prime Minister Abhisit Vejjajiva is putting an emphasis on expediting and monitoring the progress of government measures [...]

Korn worried about economy, people if curfew imposed

By k on May 17, 2010

BANGKOK, 17 May 2010 (NNT) – Finance Minister Korn Chatikavanij has voiced his concerns with the national economy and movement of people, which would be negatively affected if the government imposes a curfew in the country. Mr Korn stated that a curfew enforcement would negatively affect the economy and the movement of people, stating that [...]

Labor shortage after economy statrted to rebound

By k on February 20, 2010

BANGKOK, 20 February 2010 (NNT) – Thailand is facing a labor shortage problem after the economy has started to recover, says the Federation of Thai Industries (FTI). FTI President Santi Vilassakdanont, said the Thai economy has been recovering well as a result of the economic stimulus Strong Thailand Scheme of the government. However, many industries [...]

FPO foresees 2010 economy to rise positively

By k on February 13, 2010

BANGKOK, 13 February 2010 (NNT) — The Fiscal Policy Office (FPO) indicated this year economic tendency would turn to expand positively at 3.5%. The Director of Macroeconomy Stability Analysis Division Dr Pisit Puapan stated that 3.5% expansion in 2010 economic tendency was from the recovery of global economy. Thai exports would grow in appropriate direction. [...]

Economy signals continued recovery

By k on January 28, 2010

BANGKOK, Jan 28 (TNA) – The Thai economy signalled a continued recovery with a growth of more than 3.5 per cent in the fourth quarter of 2009, resulting in the gross domestic product (GDP) shrinking only 2.8 per cent for the whole year, lower than 3 per cent as many expected, according to the Fiscal [...]

Thai economy already bottoms out

By k on August 22, 2009

BANGKOK, Aug 22 (TNA) – The Thai economy has already bottomed out given the improved economic indicators and implementation of the government’s economic stimulus packages, according to a veteran fund manager and leading academic. Speaking at a panel discussion on “In-depth Analysis of Hot Stocks: Opportunities for Well-Off from Thai Stocks,” Maris Tharab, president of [...]

Government urged to show competence to stimulate economy

By k on August 18, 2009

BANGKOK, Aug 18 (TNA) – The government should show its ability to stimulate the country’s economy to the utmost now that it has sufficient funds to support the performance, according to the Federation of Thai Industries (FTI). FTI chairman Santi Vilassakdanond said the government had managed to get enough funds from issuing its executive act [...]

Rising Thai economy linked with global recovery, says SET chief

By k on August 11, 2009

BANGKOK, Aug 11 (TNA) – The Thai economy has shown signs of improvement in tandem with the recovery of the global and United States economies with the gross domestic product (GDP) expected to resume a small growth in the fourth quarter of this year, according to the Stock Exchange of Thailand (SET) chairman Pakorn Malakul [...]

Thai economy sees recovery

By k on August 6, 2009

BANGKOK, 6 August 2003 (NNT) – Finance Minister Korn Chatikavanij stated several economic indicators had indicated the recovery of Thailand’s economic condition but measures were needed to maintain the country’s economic stability. He also voiced his concern over Thai tourism as it was impacted by many factors such as the global economic gloom, the internal [...]

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