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BoT regional office casts gloomy outlook for South.

Bangkok Post (Bangkok, Thailand)

| February 01, 2006 | COPYRIGHT 2006 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: Wichayan Boonchote

Feb. 1--HAT YAI -- Rising oil prices, rising interest rates, labour shortages and persistent violence in the deep South would curb economic growth in the region this year, according to Pong-udom Krisanaratch, the senior director of the Bank of Thailand's southern regional office.

In the agricultural sector, major crop output declined by 1.3 percent in 2005 compared to 2004, along with a decrease in natural rubber production by 2.7 percent because of the bad weather that began early last year. The fishery industry also contracted since costs rose in line with high oil prices.

In the industrial sector, output on the ...

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