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.

Published

12 years ago

March 7, 2009

Wassana Kasemchai

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.

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Economists Warn Thailand Lacks Safety Net in Downturn

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.

Published

6 years ago

November 10, 2014

Olivier Languepin

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…)

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.

Published

7 years ago

February 16, 2014

Boris Sullivan

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.