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Bangkok Post, Thailand, Nikhil B. Srinivasan Column.
Byline: Nikhil B. Srinivasan
Jul. 4--The danger of making a prediction that's accurate is that one is invariably likely to be wrong at some point. Earlier in the year, I suggested that Thai exports would have a better second quarter on the assumption that the United States and Japan would show economic growth and that export prices from Japan would strengthen.
Thai exports are indeed having a decent second quarter. The May export number was up 4.3 percent year-on-year, erasing the previous month's current account deficit. That's good news for the next few months, maintaining a positive year on year numbers is about what one can and should expect -- several things contribute to this comment including an uncertain Japanese outlook and continuing US dollar weakness.
As for the SET, I ...
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