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Capital Goods Up 25.7 Percent in Thailand.

Bangkok Post (Bangkok, Thailand)

| April 01, 2004 | COPYRIGHT 2004 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Parista Yuthamanop

Apr. 1--Capital goods imports grew a record 25.7 percent year-on-year in February, improving the outlook for a rise in private investment in the coming months, according to the latest economic data released by the Bank of Thailand.

Nitaya Pibulratanagit, senior director of the central bank's Domestic Economy Department, said however, the recovery in private investment was expected to be gradual this year, given remaining excess capacity and the high amount of non-performing loans in some industries.

She said unrest in the South would affect short-term investment such as in the stock market, but would have a limited ...

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Source: HighBeam Research, Capital Goods Up 25.7 Percent in Thailand.

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