Prime Minister Abhisit Vejjajiva yesterday said Thailand is unlikely to encounter an economic deflation, due to the government’s plan to inject 800 billion baht into the country’s economy through its economic stimulus programmes.
Abhisit said he believes that after the government invests such a huge amount of 800- billion-baht budget through various stimulus programmes, domestic consumer prices would be supported as the funds could generate more employment and money would circulate in the system.
Therefore, the premier said, the economic deflation will not occur, adding that the government has opted to borrow …
Here is the speech by Prime Minister Abhisit Vejjajiva at the opening of the Thailand Competitiveness Conference 2009, entitled “Thailand Competitiveness: Potential and Placement in the World Arena”, held yesterday at Four Seasons Hotel in Bangkok.
Your Excellency Alongkorn Polabutr, Deputy Minister of Commerce,
Khun Dusit Nantanakorn, Chairman of the Board of Trade of Thailand,
Prof. (Stephane) Garelli and Ms. (Suzanne) Rosselet, Directorate, IMD’s World Competitiveness Center,
Distinguished Participants,
Ladies and Gentlemen,
(On Thailand As Is - Rankings by the Institute for Management Development, the World Economic Forum and the World Bank)
It is a great …
Selected news on a wide range of topics, from general business to politics, IT, travel and so on.
Getting to know a lot of outstanding Thai companies and certain foreign companies operating in Thailand
Telling who’s who in Thailand, no matter they are Thais or foreigners playing important roles in business circles and Thai society.
Here is the speech by Prime Minister Abhisit Vejjajiva at the opening of the Thailand Competitiveness Conference 2009, entitled “Thailand Competitiveness: Potential and Placement in the World Arena”, held yesterday at Four Seasons Hotel in Bangkok.
Your Excellency Alongkorn Polabutr, Deputy Minister of Commerce,
Khun Dusit Nantanakorn, Chairman of the Board of Trade of Thailand,
Prof. (Stephane) Garelli and Ms. (Suzanne) Rosselet, Directorate, IMD’s World Competitiveness Center,
Distinguished Participants,
Ladies and Gentlemen,
(On Thailand As Is - Rankings by the Institute for Management Development, the World Economic Forum and the World Bank)
It is a great …
Prime Minister Abhisit Vejjajiva yesterday said Thailand is unlikely to encounter an economic deflation, due to the government’s plan to inject 800 billion baht into the country’s economy through its economic stimulus programmes.
Abhisit said he believes that after the government invests such a huge amount of 800- billion-baht budget through various stimulus programmes, domestic consumer prices would be supported as the funds could generate more employment and money would circulate in the system.
Therefore, the premier said, the economic deflation will not occur, adding that the government has opted to borrow …
Made In Thailand 2009: Highlight of July 2009 events
July 2 - 5, 2009
Event: Commart X Gen Thailand 2009
Venue: Queen Sirikit National Convention Center
Description:
The grand cutting-edge IT products consumer fair offers at very special prices.
Organiser: AR Information & Publication Co., Ltd.
Tel: +66 (0) 2 642 3400
Event’s URL: www.commartthailand.com
July 2 – 12, 2009
Event: Paragon Electronica Showcase
Venue: Royal Paragon Hall, 5th Floor, Siam Paragon
Thailand’s Ministry of Finance today said Thai economy is likely to contract by 3.0 percent or within the range of 3.5 and 2.5 percent this year.
Dr.Ekniti Nitithanprapas, director of Macroeconomic Analysis Group at the ministry’s Fiscal Policy Office (FPO), said on his behalf of the ministry’s spokesman that the Thai economy is projected to start recovering gradually after reaching its bottom during the first quarter of the year, mainly due to the government’s attempt to accelerate public consumption and investment expenditures through its stimulus packages.
However, Dr.Ekniti said, the country’s economy …
A Thai joint venture of Power Line Engineering Plc, ASCON Construction Plc and Ruamnakorn Construction (Thailand) Co Ltd yesterday won the third bidding of the Purple Line mass transit project for the construction of a maintenance centre and four park-and-ride buildings at 6.399 billion baht.
According to Chaisit Gururatana, assistant governor of the Mass Rapid Transit Authority of Thailand (MRTA) who is the chairman of the bidding committee, the PAR joint venture’s bid was the lowest while Thailand’s largest construction firm Italian-Thai Development Plc came second with nearly 6.88 billion baht, …
The Stock Exchange of Thailand (SET), with leading brokerage and listed firms, will hold roadshows in Boston and New York during June 25-26 and later in London during June 29-30.
SET President Patareeya Benjapolchai on Monday disclosed that over 50 fund managers from 40 asset management funds in each US city are expected to attend the roadshow to hear about Thailand’s latest economic, political and investment conditions, which will build confidence among the foreign institutional investors.
“SET, Thanachart Securities Plc, BNP Paribas Securities (Asia) and nine firms will present information to leading …
