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Thailand: Thai central bank boss confirms apparent economic recovery.

Thai Press Reports

| November 26, 2009 | COPYRIGHT 2008 Thai News Services. (Hide copyright information)Copyright

Section: Economy - The Bank of Thailand governor confirms the Thai economy has passed its rock bottom and next year will see apparent recovery as various economic indicators have already improved.

Bank of Thailand Governor Tarisa Watanagase said the Thai economy has passed its rock bottom and next year will see apparent recovery.

Tarisa said various economic indicators, such as export value and confidence index, have already begun to improve. However, political uncertainty is still a risk factor that could deter Thailand from full economic recovery.

She added that another risk factor governing the Thai economy next year is recovery of the global economy. …

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