Connect with us

Headline

Former prime minister Thaksin Shinawatra’s planned speech in Hong Kong is viewed with suspicion

Former prime minister Thaksin Shinawatra’s planned speech in Hong Kong is viewed with suspicion by the government and his opponents — although it is not known what he will say and whether it will hurt the country or not.

Avatar

Published

on

Former prime minister Thaksin Shinawatra’s planned speech in Hong Kong is viewed with suspicion by the government and his opponents — although it is not known what he will say and whether it will hurt the country or not.

See original here:
Let’s hope for a change in Thaksin

On the demand side, private consumption and investment declined notably in the last quarter, despite falling inflation during the second half of the year in line with lower oil prices. Both export and import expanded satisfactorily during the first three quarters. However, during the last quarter, export contracted following trading partners’ economic slowdown while import decelerated markedly in line with export and domestic demand conditions. Overall economic stability remained sound in Thailand . External stability 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 in Thailand remained low but employment started to deteriorate in the forth quarter, particularly in the production sector affected by economic slowdown.

Former prime minister Thaksin Shinawatra’s planned speech in Hong Kong is viewed with suspicion by the government and his opponents

Former prime minister Thaksin Shinawatra’s planned speech in Hong Kong is viewed with suspicion by the government and his opponents


International reserves stood at US$106 billion in early December 2008 compared to US$87.5 billion at end-2007. This is due to the large capital inflows in the first quarter of the year and again in the last quarter of the year. External debt is low at around US$66 billion or 30 percent of GDP, of which two-fifths are short-term debt.Three quarters of the short term debt are trade credits and inter-company loans. Public external debt (government and state-owned enterprises) make up one-fifth of total external debt and less than 1 percent of it is short-term. Overall, external debt service ratios are manageable at 6.1 percent of exports.

The banking sector in Thailand remains sound, but individual banks needs to be closely monitored.Banks’ foreign investments are less than 2 percent of their total asset with investment in foreign debt instruments being around 13 percent of total debt-instrument holdings. Foreign banks account for about 12 percent of the Thai market (although this figure goes up to 30-40 percent through equity holdings in Thai banks).

Continue Reading
Advertisement Load WordPress Sites in as fast as 37ms!
Comments

China

Chinese vote 14 Thai tourism favourites

The 2017 People’s Choice Awards Thailand were based on 3.7 million votes cast during a two-week period.

Avatar

Published

on

Tourism Authority of Thailand announced, Tuesday, the top 14 tourist attractions and activities for Chinese tourists visiting Thailand. (more…)

Continue Reading

Banking

Thai baht hits new record high in two years

The Thai baht is one of the best-performing currencies in the region this year, rising about 5% against the dollar.

Olivier Languepin

Published

on

The Thai baht rose to 33.94 baht per USD, a record high in the past two years after the Bank of Thailand (BOT) decided not to take measures to stop the rise of the domestic currency. (more…)

Continue Reading

Education

We’ll Live to 100, but Can We Afford It?

As the quality of healthcare has increased during the past century, so too have global life expectancies – but new generations will pay a high price for living longer.

Avatar

Published

on

The world’s six largest pension systems will have a joint shortfall of $224 trillion by 2050, imperiling the incomes of future generations and setting the industrialized world up for the biggest pension crisis in history. (more…)

Continue Reading

Most Read

Upcoming Events

Mon 21

34th International Conference on Dental and Oral Health

October 21 @ 9:00 am - October 22 @ 5:00 pm BMT
Nov 06

2nd World Congress on Pediatrics and Child care

November 6 @ 8:00 am - November 7 @ 7:00 pm BMT
Radisson Hotel Narita
Tomisato-shi
Nov 07

3rd World Congress On Gynecology, Obstetrics & Reproductive Health

November 7 @ 9:00 am - November 8 @ 4:00 pm BMT

Press Release

Subscribe via Email

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

Join 11,135 other subscribers

Trending