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Posts tagged global economic slump
Thai economy shows signs of improvement
Apr 30th
Although Thailand’s gross domestic product (GDP) contracted between 5-6 per cent during the first quarter of 2009, there are positive signs that the economy is heading towards recovery, a senior Bank of Thailand (BoT) official said on Thursday.
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Preparations underway for ASEAN summit in Phuket
Apr 30th
Suthep Thaugsuban
Deputy Prime Minister Suthep Thaugsuban on Saturday flew to Thailand’s Andaman Sea island resort of Phuket to observe preparations for hosting the Association of Southeast Asian Nations (ASEAN) summit with its six dialogue partners next month.
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Loading ...Thai business believes economy will begin recovery in last quarte
Apr 25th
Despite uncertainty emanating from the global economic slump which may be prolonged longer than earlier projections indicated, fierce competition and political unrest in Thailand, a majority of business executives are optimistic that Thailand’s economy will start recovering during the fourth quarter of 2009, according to a Bank of Thailand (BoT) survey.
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Tax incentives, rebates proposed to boost Thai exports
Apr 22nd
Commerce Minister Pornthiva Nakasai on Wednesday asked the government to provide tax incentives, including rebates, to importers of raw materials for goods manufactured for export and exporters intended to boost Thailand’s exports during the balance of 2009, after exports fared poorly during the first quarter due to the global economic slump and a sluggish domestic economy.
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