PM predicts ‘V’ shaped growth

Published: 02/02/2012 at 11:22 AM
Category: Economy, Featured

The Thai economy in 2012 is expected to recover in a “V” shape and gross domestic product growth should reach five per cent year-on-year, Prime Minister Yingluck Shinawatra said Wednesday.

“The government has set the economic growth target for this year at five

The Thai economy in 2012 is expected to recover in a "V" shape and gross domestic product growth should reach five per cent year-on-year, Prime Minister Yingluck Shinawatra said Wednesday.

Bangkok Post

per cent and believes that all economic sectors will be revived within the second quarter following the great flood last year,” Ms Yingluck said.

In her keynote speech on “The Thai Economy in 2012” delivered to a seminar on “Decoding 2012 GDP”, organised at the Dusit Thani hotel by the Economic Reporters Association, she said the government had to issue an executive decree to seek 350 billion baht in loans in order to restore the confidence of foreign investors.

She said the government will rapidly implement flood prevention projects to restore the confidence of investors and prevent them from moving production bases to other countries.

The fund will be for financing mega-projects on water management and preventing a recurrence of last year’s flood crisis. If the government fails to do this, foreign investors might move out their production …

Full story from Bangkok Post at http://goo.gl/vxIA8

QuinL - Thailand Directory
FREEPLAYO Business Promotions

View / Download the monthly magazine

UPCOMING EVENTS

Monday, 21 April 2014
AMCHAM: 3rd Annual Thailand Tourism Forum
Details:http://goo.gl/eGJspV

Tuesday, 22 April 2014
AMCHAM: Bus. Economics Cmte
Details:http://goo.gl/5eiiPX

Tuesday, 22 April 2014
AMCHAM: Community
Details:http://goo.gl/WQ9cRK

Tuesday, 22 April 2014
AMCHAM: Prof. Women
Details:http://goo.gl/XJR79m

Tuesday, 22 April 2014
Bangkok Entrepreneurs
Details:http://goo.gl/JihG3

Wednesday, 23 April 2014
BCCT: Half-Day Workshop (Smart Marketing & Competitive Strategies)
Details:http://goo.gl/icgBCo

Wednesday, 23 April 2014
BCCT: Events Group Meeting
Details:http://goo.gl/np6LXR

Thursday, 24 April 2014
AustCham: ANZAC Day
Details:http://goo.gl/0MK7Dj

Thursday, 24 April 2014
BCCT: Third Thursday
Details:http://goo.gl/WGgxY5

Thursday, 24 April 2014
AMCHAM: YPC Networking Night
Details:http://goo.gl/E11B4U

Friday, 25 April 2014
AustCham: ANZAC Day
Details:http://goo.gl/0MK7Dj

Friday, 25 April 2014
AMCHAM: Ind. Day
Details:http://goo.gl/P4Eime

Friday, 25 April 2014
Movers & Shakers
Details:http://goo.gl/xOfWr

Friday, 25 April 2014
Joint: ESB Networking
Details:http://goo.gl/sb7N5y

Saturday, 26 April 2014
AMCHAM: 2014 Gala Installation Ball
Details:http://goo.gl/T7B1YC

Tuesday, 29 April 2014
AMCHAM: Health & Travel/Tourism
Details:http://goo.gl/nmDOYX

Tuesday, 29 April 2014
AMCHAM: Marketing Cmte
Details:http://goo.gl/HhUDNx

Wednesday, 30 April 2014
AMCHAM: Monthly Luncheon with Guest Speaker Darren Buckley
Details:http://goo.gl/gfI1Ae

Tuesday, 6 May 2014
AMCHAM: Board of Governors Meeting
Details:http://goo.gl/xy6h59

Tuesday, 6 May 2014
Mango Metro Night
Details:http://goo.gl/EnNbR

SET Update

Global Update


Poll