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Business Figures in Thailand Fear Overheating Sectors in 2004.
Jan. 3--Although there is a general consensus that nothing could break the growth momentum of the economy next year with estimates that it will expand at least 8 percent next year and that the main stock index will reach 1,000 points, some fears over risk factors linger in the minds of some businesspeople.
Chumpol Phornprapha, chairman of the SP International Group, expressed concern about the overheating of some sectors and the growth of foreign direct investment (FDI). The property sector has been overheating with speculative buying at more than the normal rate of 10-20 percent now occurring in some projects. The same situation has been seen on the Stock Exchange of Thailand, where the index has surged in a short period of time. "Regarding the stock market, I appreciate the government's attempt to step in occasionally through measures such as [curbing] net settlement. At the same time, ...
- THAILAND-ECONOMY: CREDIT CARD CULTURE SPURS BIG SPENDING
- News wire article from: Inter Press Service English News Wire Teena Gill February 12, 1996 700+ words
...exports, second-rung tiger economies like Thailand, Indonesia and Malaysia are...up without damaging their economies. In Thailand, where excessive spending...corollary to the booming Thai economy, an accumulation of external...
- THAILAND-ECONOMY: OVERWORKED GROWTH ENGINE IS SPUTTERING
- News wire article from: Inter Press Service English News Wire Ron Corben September 11, 1996 700+ words
...11 (IPS) -- Thailand's once thriving economy, fuelled largely...remained high the economy could "face a...Exports to Thailand's crucial markets...engine of the Thai economy and domestic investment...next year." But Thailand's financial...
- Current Account Deficit for April Seen as a 'Warning' for Thailand Economy.
- Newspaper article from: Knight Ridder/Tribune Business News June 3, 2004 700+ words
...was needed in the Thai economy. "If restructuring...would not be a deficit. Thailand remains overly dependent...noted that the Thai economy, just before the 1997...fundamentals of the economy as well," he said...record high levels, Thailand should continue to post...
- Big State Projects Will Drive Thailand Economy.
- Newspaper article from: Knight Ridder/Tribune Business News April 21, 2004 700+ words
...Yuthana Praiwan, Bangkok Post, Thailand Knight Ridder/Tribune Business...will be a key factor to drive Thailand's economy over the next four years...billion baht. Dr Piyasvasti said Thailand's economy had been mainly driven by exports...
- UKRAINE-THAILAND-ECONOMY-AGREEMENT.
- Newspaper article from: Ukraine News March 10, 2004 700+ words
UKRAINE-THAILAND-ECONOMY-AGREEMENT Ukraine's Industrialists and Thailand's business committee, AeroSvit and Thai Airline...forum, a cooperation agreement was signed between Thailand's Committee for Business, Industry and Banking...
- UKRAINE-THAILAND-ECONOMY-COOPERATION.
- Newspaper article from: Ukraine News March 10, 2004 700+ words
UKRAINE-THAILAND-ECONOMY-COOPERATION Thai Premier calls to...Interfax-Ukraine) - Prime Minister of Thailand Thaksin Shinawatra is calling for acceleration...cooperation in the metallurgical sector. "Thailand highly assesses Ukraine's efforts...
- Cassava Containers Boon for Thailand Economy.
- Newspaper article from: Knight Ridder/Tribune Business News March 22, 2002 700+ words
...urged the Tourism Authority of Thailand to encourage use of the products...International forums arranged in Thailand would be asked to use the...production would improve the economies of scale, reducing the cost...c) 2002, Bangkok Post, Thailand. Distributed by Knight Ridder...
- THAILAND: ECONOMY TO GROW 2.5-3.5 PERCENT THIS YEAR.(Brief Article)
- Newspaper article from: IPR Strategic Business Information Database June 16, 2002 700+ words
Thailand's economy is expected to grow 2.5-3.5 percent this year...figures in light of signs of recovery in the domestic economy. A bank study has found that the Thai economy, particularly in the southern provinces, has been...
