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Import cutting to be stepped up: Trade deficit to persist.
Mar. 3--Efforts to restructure Thailand's industrial base are to be accelerated, with the government encouraging less use of imported content in manufactured goods in a policy aimed at strengthening the trade balance.
Finance Minister Somkid Jatusripitak said strengthening the value content of locally produced goods was a key priority in light of slowing export growth.
"We've enjoyed strong expansion in our exports. But with growth slowing, we need to restructure the economy, save energy and increase the local value of our goods," he said. The result of soaring oil prices, the trade and current account deficit in January reached $1.4 billion, the ...
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(From Bangkok Post) Thailand recorded a trade deficit with Australia worth 3.4...I would say that the trade deficit resulting from the surge in...In 2004, Thailand had a trade deficit of 9.4 billion baht with...
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- News wire article from: Thai Press Reports August 23, 2006 700+ words
...pledged to curb this year's trade deficit at no more than US$2...showed a decline, the Bangkok Post reports. July's trade deficit was $169 million, against...of $2,198 million in trade deficit. Thailand's imports...
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(From Bangkok Post) Thailand reported a trade deficit of $1.6 billion in May, with a current account deficit...imports, the Bank of Thailand said yesterday. The May trade deficit reflected a 124% increase in oil imports compared with...
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- News wire article from: Thai Press Reports July 11, 2006 700+ words
...as part of an effort to tame the country's trade deficit, the Bangkok Post reports. The ministry's Foreign Trade Department...5% year-on-year. Thailand recorded a trade deficit of $646.4 million in May, a 61.3% decline...
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...Thailand could see a trade deficit this year, the first...1997 crisis, the Bangkok Post reports. But he insisted...February data showed a trade deficit for the second straight...we will only see a trade deficit this year, so don...
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- Newspaper article from: Knight Ridder/Tribune Business News April 29, 2004 700+ words
Bangkok Post, Thailand Knight...economy would face a trade deficit this year as imports...economy recorded a trade deficit of $0.2 billion...ministry projected a trade deficit for 2004, although...see more of the Bangkok Post, or to subscribe...
- Thailand expected to post trade deficit.
- News wire article from: Asia Africa Intelligence Wire January 11, 2005 700+ words
...contribute to Thailand's first trade deficit since 1997, according to Thai...of Commerce researchers, the Bangkok Post reports. A combination of the...14 billion, resulting in a trade deficit of $915 million, according...
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- News wire article from: UPI NewsTrack March 26, 2005 700+ words
...country could record a trade deficit for the first time...retain a surplus, the Bangkok Post reported Saturday...data that showed a trade deficit for the second consecutive...we will only see a trade deficit this year, so don...
- High crude prices result in trade deficit.
- News wire article from: Asia Africa Intelligence Wire September 23, 2004 700+ words
(From Bangkok Post) The impact of surging crude oil prices resulted in a US$216-million trade deficit in August, the first since April...he expected the country to record a trade deficit for a brief period but that imports...
- Oil widens trade deficit.
- News wire article from: Asia Africa Intelligence Wire October 22, 2004 700+ words
(From Bangkok Post) Byline: PHUSADEE ARUNMAS Soaring global energy prices could lead to a fourth-quarter trade deficit of US$324 million, the highest quarterly deficit since the 1997 economic crisis, according to a local think-tank...
Source: HighBeam Research, Import cutting to be stepped up: Trade deficit to persist.