Connect with us
CGIF-10th-Year-Anniversary

Economics

Thai prime minister says economy should help him gain support

“More significant is some of the key numbers that have made us confident about this recovery process. Unemployment is 1.1 per cent – I think that figure would be the envy of a lot of economies around the world.”

Avatar

Published

on

While analysts have said that the prime minister has failed to end Thailand’s divisions, he said that the economy “should help gain us the support so that there is greater stability”.

Abhisit said that the Thai economy surged strongly in the final quarter of 2009. Instead of a projected contraction of three per cent for the year, he said it could be restricted to minus 2.8 per cent.

Exports were back in double-digit growth in November and December so the government has now set a target of 14 per cent growth for 2010.

The protests last year brought Bangkok airport to a standstill trapping many foreign tourists. But Abhisit said “In December we actually had a record high number of tourists coming to Thailand. 1.6 million.”

“We have projected this year’s (economic) growth at 3.5 per cent but we are now confident we can do better than that,” the prime minister said.

via Thai prime minister points to economic strength – Telegraph.

Comments

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.

National News Bureau of Thailand

Published

on

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.

(more…)
Continue Reading

Economics

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.

Boris Sullivan

Published

on

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…)
Continue Reading

Economics

COVID-19 pandemic wiped out 81 million jobs in Asia-Pacific countries

Some 81 million jobs lost as COVID-19 creates turmoil in Asia-Pacific labour markets, according to ILO report.

Boris Sullivan

Published

on

Drops in working hours due to the Covid-19 crisis have had a devastating effect on jobs and incomes in Asia and the Pacific according to a new report by the International Labour Organization (ILO).

(more…)
Continue Reading
Advertisement

Latest

Most Viewed

Subscribe via Email

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

Join 13,431 other subscribers

Trending