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Thai economy sees recovery

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 [...]

August 6th, 2009 | Posted in Economy | Read More »

PM sees Thai economy improving in 2nd half this year

BANGKOK, Aug 2 (TNA) — Citing positive views on Thailand’s economy by Japanese and domestic business associations, Prime Minister Abhisit Vejjajiva said Sunday he is optimistic that the Thai economy will improve during the second half of 2009. Speaking during his weekly television and radio address, Mr. Abhisit said there are signs that the domestic [...]

August 4th, 2009 | Posted in Economy | Read More »

Economy will recover in second half of 2009

BANGKOK, 2 August 2009 (NNT) – Industrial confidence and economic figures have continuously shown improvements in the second half of the year according to the Prime Minister. Prime Minister Abhisit Vejjajiva stated on his weekly talk show “Confidence in Thailand with Prime Minister Abhisit”, that the country’s economy has seen signs of recovery, especially in [...]

August 2nd, 2009 | Posted in Economy | Read More »

Thai economy likely to resume positive growth in Q4

BANGKOK, Aug 1 (TNA) – The Thai economy is expected to resume positive growth of 1.8 per cent in the fourth quarter of this year, boosted by an expected global economic recovery, according to World Bank senior economist Kirida Bhaopichitr. She said the world economy had already bottomed out and begun to signal a slow [...]

August 1st, 2009 | Posted in Economy | Read More »

Former Deputy PM: Thai economy will not recover this year

BANGKOK, 31 July 2009 (NNT) – Former Deputy Prime Minister Veerapong Ramangkul believes the national economy in the third and fourth quarters will remain in negative territory. His economic outlook contradicts the Government’s forecast that the economy will recover as soon as the next quarter. During a seminar organized by a former executive of the [...]

July 31st, 2009 | Posted in Economy | Read More »

Thai economy begins to signal recovery

BANGKOK, July 30 (TNA) – The Thai economy in June, and the rest of the second quarter of this year, began to show signs of recovery, with the production sector shrinking at a slower pace and purchase orders from overseas increasing, according to the Fiscal Policy Office (FPO). FPO Director-General Somchai Sajjapong said private consumption [...]

July 30th, 2009 | Posted in Economy | Read More »

Domestic economy sees sign of recovery

BANGKOK, 26 July 2009 (NNT) – Speaking on his weekly talk show “Confidence in Thailand with Prime Minister Abhisit”, the Prime Minister said the country has seen a sign of economic recovery while urging all sides to cooperate with the government to deal with some economic problems. Prime Minister Abhisit Vejjajiva stated that the current [...]

July 26th, 2009 | Posted in Economy | Read More »

Thai economy should rely more on Asia and ASEAN, says economist

BANGKOK, July 11 (TNA) – The Thai economy should shift to rely more on Asian and intra-ASEAN markets, according to a leading economist. Speaking at annual meeting of the National Economic and Social Development Board (NESDB), agency director Narongchai Akrasanee said Thai economic and political affairs must be restructured under the 11th National Economic and [...]

July 12th, 2009 | Posted in Economy | Read More »

Korean business views Thailand as investment magnet

SEOUL, July 3 (TNA) – Leading South Korean businesspersons view Thailand as an attractive investment spot, and some plan to shift their production bases into the country, according to Industry Minister Chanchai Chairungruang.   Speaking during a road show in the South Korean capital, Mr. Chanchai said the Board of Investment (BoI) opened its 11th [...]

July 3rd, 2009 | Posted in Business News | Read More »

Thai economy to recover in Q4

BANGKOK, 2 July 2009 (NNT) – Deputy Prime Minister for Economic Affairs Korbsak Sabhavasu assured that Thai economic figures will turn to the positive in the fourth quarter of 2009. Mr Korbsak stated that the current economic slump was resulted from many factors, consisting of the global economic crisis, political instability, and the influenza A [...]

July 2nd, 2009 | Posted in Economy | Read More »