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South weathers Q1 economic setbacks.
Byline: Parista Yuthamanop
May 5--Consumer demand during the first quarter in the South remained sound despite the ongoing violence and effects from the tsunami, according to the Bank of Thailand.
Phairoj Hengsakul, senior director for the central bank's Southern office, said higher farm income, due to higher yields of key crops and acceptable market prices, helped to offset the impact of negative events on economic growth.
Around six million of the 14 million residents of the southern provinces are employed in the agricultural sector. Prices of key crops in the area -- particularly rubber and palm oil -- dropped during the first quarter ...
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- Bangkok Post, Thailand, business briefs column.(Financial report)(Column)
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- Bangkok Post, Thailand, Business Notes Column.
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