Economics
Kasikorn Research: Thailand’s GDP to grow 1.1% in third quarter
With Thailand s economy continues sustaining growth due to several positive factors, Kasikorn Research Centre forecasts that the country s gross domestic product (GDP) would g…
With Thailand s economy continues sustaining growth due to several positive factors, Kasikorn Research Centre forecasts that the country s gross domestic product (GDP) would g…
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Kasikorn Research: Thailand’s GDP to grow 1.1% in third quarter
The government also uses tariff measures as a tool to promote energy policy. To encourage the use of natural gas as an alternative fuel for vehicles, the government has exempted import duties of many natural gas-related tools and equipment such as bio-fuel conversion kits, natural gas containers, and chasses.
External stability in Thailand was upheld by high international reserves, while trade and current account were close to balance. Regarding internal stability, inflation rose from last year in line with higher oil prices, despite a downward trend during the second half of the year. Unemployment rate remained low in Thailand in 2008 but employment started to deteriorate in the forth quarter, particularly in the production sector affected by economic slowdown.
Economics
96% of Foreign Investors still confident in Thailand says BOI
The Board of Investment of Thailand’s (BOI) latest survey, shows most foreign investors, estimated at 96%, are still confident in the country, and are willing to bring forward their investments.

BANGKOK (NNT) – With the COVID-10 pandemic causing significant disruption around the world including in Thailand, the Board of Investment of Thailand’s (BOI) latest survey, shows most foreign investors, estimated at 96%, are still confident in the country, and are willing to bring forward their investments.
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Thailand Tops Bloomberg’s Emerging Markets List
Bloomberg surveys show that analysts are penciling in high rates of growth next year for some of those that have been hardest-hit in 2020.

Thailand and Russia are well placed to be among the emerging-market standouts that could beat expectations next year, according to a Bloomberg study of 17 developing markets gauging their outlook for 2021.
(more…)Economics
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