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Projected rise of 16 percent seen as lacking ambition.

Bangkok Post (Bangkok, Thailand)

| July 04, 2005 | COPYRIGHT 2005 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Woranuj Maneerungsee

Jul. 4--Thailand should put more effort into pushing exports and not just be satisfied with the forecast of just 16 percent growth in one of the key engines driving the country's economy, says Suvit Maesincee, the vice-minister of Commerce.

"At the beginning of the year, Finance Minister Somkid Jatusripitak set a goal of export expansion of 20 percent with revenue of $117 billion, and there was no reason to settle for less now," said Mr Suvit.

Olarn Chaipravat, an adviser to Dr Somkid, recently completed a study that projected a rise in exports of 16 percent compared with last year. Mr Suvit said that was ...

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