Connect with us
CGIF-10th-Year-Anniversary

Politics

Economists Warn Thailand Lacks Safety Net in Downturn

The economists, from the Thailand Development Research Institute, a private sector funded think tank, said up to 30 percent of the population of 63 million is either poor or vulnerable to economic shocks, with most living in provincial regions.

Avatar

Published

on

Economists say crisis would hit ‘grassroots,’ low income populations, hardest. A university study predicts the Thai economy will contract over the first and second quarters of 2009 by up to five percent.
This stands in contrast to the earlier predicted forecast of up to four percent growth. Now there are warnings of unemployment reaching over one million people. Thai economists, in a paper to the United Nations this week, said the crisis would hit the “grassroots,” low income populations, the hardest.

The economists, from the Thailand Development Research Institute, a private sector funded think tank, said up to 30 percent of the population of 63 million is either poor or vulnerable to economic shocks, with most living in provincial regions.

See original here:
Economists Warn Thailand Lacks Safety Net in Downturn

Comments

Politics

Thai generals want more control on foreign businesses

Thailand’s military government is planning to amend the FBA (Foreign Business Act) to prevent foreign directors from controlling joint venture firms that are majority-owned by Thai shareholders.

Olivier Languepin

Published

on

Thailand’s military government is planning to amend the FBA (Foreign Business Act)  to prevent foreign directors from controlling joint venture firms that are majority-owned by Thai shareholders. (more…)

Continue Reading

Politics

Suthep andamant, but Protest numbers dwindle

Anti-government protest leader Suthep Thaugsuban rejected any attempt to broker talks between him and the caretaker government, but in many sites protest numbers dwindle, raising questions about PDRC ability to endure several months of continuous occupation.

Boris Sullivan

Published

on

Anti-government protest leader Suthep Thaugsuban rejected any attempt to broker talks between him and the caretaker government, but in many sites protest numbers dwindle, raising questions about PDRC ability to endure several months of continuous occupation. (more…)

Continue Reading

Politics

Thailand’s poll results remain in limbo

Both parties are claiming victory after Thailand’s general elections, but so far no clear result has been announced by the government, which has called for a new polling round due to numerous disruptions in at least 10% of the constituencies.

Olivier Languepin

Published

on

Both parties are claiming victory after Thailand’s general elections, but so far no clear result has been announced by the government, which has called for a new polling round due to numerous disruptions in at least 10% of the constituencies. (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 13,413 other subscribers

Trending