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State firms urged to move cautiously.

Bangkok Post (Bangkok, Thailand)

| March 10, 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: Phusadee Arunmas

Mar. 10--State enterprises should press ahead with investment plans, but should be cautious about imports in order to curb the trade deficit, says Somkid Jatusripitak, the acting commerce minister.

Investment would help raise revenue and boost the country's economy, he said yesterday after meeting with executives of state enterprises: PTT Plc, Thai Airways International Plc, Egat Plc, the State Railway of Thailand and CAT Telecom.

However, he suggested investment projects that relied heavily on imports should be prioritised or delayed.

Dr Somkid urged Thai Airways to help promote tourism to generate more income ...

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Source: HighBeam Research, State firms urged to move cautiously.

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