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Tourism to keep current account in black but rocky road lies ahead.
Apr. 2--The current account is expected to remain in surplus in the first quarter due to improved tourism revenues in March, according to M.R. Pridiyathorn Devakula, the governor of the Bank of Thailand.
He said the services account in March was likely to exceed the $700-million surplus recorded the previous month, helping support the overall current account.
Thailand recorded a $942-million current account deficit in January and a $106-million surplus in February. High imports, due primarily to rising world oil prices, and declining tourism following the Dec 26 tsunami, were the primary factors behind the deficits, raising concerns among economists ...
- Bangkok Post, Thailand, guest column.
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Bangkok Post, Thailand Knight...Thailand's current account reversed from...interest rates on the current account. Fiscal measures...effect on the current account, but the impact...see more of the Bangkok Post, or to subscribe...
- Current Account Deficit for April Seen as a 'Warning' for Thailand Economy.
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...Darana Chudasri, Bangkok Post, Thailand Knight...The April current account deficit, the...marked by a large current account deficit as imports...to a smaller current account surplus or even...more of the Bangkok Post, or to subscribe...
- Bangkok Post Arnat Leemakdej Column.
- Newspaper article from: Knight Ridder/Tribune Business News September 14, 2001 700+ words
By Arnat Leemakdej, Bangkok Post, Thailand Knight Ridder/Tribune...Host Computer (BHC), and the Current Account (C/A). The workstation subsystem...5071-3. To see more of the Bangkok Post, or to subscribe to the newspaper...
- Bangkok Post, Thailand, business briefs column.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) August 2, 2005 700+ words
...The country's current account could return to a...believe that the current account will certainly show...assistant governor. The current account, which measures...To see more of the Bangkok Post, or to subscribe...
- Bangkok Post, Thailand, Nikhil B. Srinivasan Column.
- Newspaper article from: Knight Ridder/Tribune Business News January 8, 2004 700+ words
...Nikhil B. Srinivasan, Bangkok Post, Thailand Knight...continues to generate current account surpluses creating...To see more of the Bangkok Post, or to subscribe...com (c) 2004, Bangkok Post, Thailand. Distributed...
- Bangkok Post, Thailand, Business Briefs Column.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) (via Knight-Ridder/Tribune Business News) September 12, 2003 700+ words
...capital inflows and the rise in the current account surplus would help the baht appreciate...000 last season. To see more of the Bangkok Post, or to subscribe to the newspaper...www.bangkokpost.com (c) 2003, Bangkok Post, Thailand. Distributed by Knight...
- Bangkok Post, Thailand, Guest Column.
- Newspaper article from: Knight Ridder/Tribune Business News August 14, 2003 700+ words
Bangkok Post, Thailand Knight Ridder/Tribune Business News Aug. 14--LIFTING...strengthened markedly in terms of the external balance, with continued current account surpluses, high international reserves and reduced external debt...
- Bangkok Post, Thailand, Ahead of the Curve column.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) July 30, 2004 700+ words
...given that it had the world's largest trade surplus with the United States. But China has been running large trade and current account deficits this year, the US dollar has rebounded and US interest rates are rising but real rates are still negative. There...
Source: HighBeam Research, Tourism to keep current account in black but rocky road lies ahead.