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Exports May Limit Economic Growth in Thailand.
Byline: Cholada Ingsrisawang
Apr. 5--The House finance committee warns that economic growth might fall short of the government's targets due to sagging exports.
Roongrueng Bhidayasiri, a Thai Rak Thai MP and committee secretary, said a committee study showed that the private sector remained weak, constraining any recovery in purchasing power and production.
Exports, which fell 6.4 percent year-on-year in January and 8.1 percent in February, were also a major concern.
The government currently projects economic growth this year at around 3-4 percent, against the Bank of Thailand's projection of 2-3 percent . Growth in 2001 stood at 1.8 ...
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Source: HighBeam Research, Exports May Limit Economic Growth in Thailand.