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Thailand: Kasikorn Securities expect lower interest rates next year.

Thai Press Reports

| August 31, 2006 | COPYRIGHT 2008 Thai News Services. (Hide copyright information)Copyright

(From Thai Press Reports)

Section: Business News - Kasikorn Securities PCL predicts a decrease in interest rates next year due to good government efforts in controlling inflation.

The managing chairman of Kasikorn Securities PCL, Mr. Rapee Sujaritkul, revealed that economic growth trends for 2008 show signs of slow growth at 3.5-4.5%, due to political factors and the absence of a proper government. The Chairman believes that the Thai economy will …

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