Connect with us

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…

Avatar

Published

on

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…

View post:
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.

Kasikorn Research: Thailand's GDP to grow 1.1% in third quarter

Kasikorn Research: Thailand's GDP to grow 1.1% in third quarter

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.

Advertisement
Comments

Most Viewed

Subscribe via Email

Enter your email address to subscribe and receive notifications of new posts by email.

Join 12,466 other subscribers

Latest

Trending

you're currently offline