Friday, September 30, 2022

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Economics

Economic Cabinet Approves Bt200-million Rail Development Plan

The economic Cabinet's meeting has endorsed a five-year 200 million-baht development plan for the State Railway of Thailand. Prime Minister's Office Vice Minister Puttipong Punnakan revealed today that the economic Cabinet has endorsed an organizational and infrastructural development plan for the State Railway of Thailand, or SRT.

THAI Fears Protest Effects on Passenger Number

Thai Airways International claims political tension has been affecting the number of passengers more than the volcanic eruption in Iceland. The company will lose more if all flights have less than 60 percent of capacity filled on average. Piyasvasti Amranand, president of Thai Airways International, commented on the volcanic eruption in Iceland. He said that all of the 22 flights to Europe have resumed.

Thailand's Economy expanded 5.8% in fourth quarter

Thailand's economy contracted only 2.3 per cent in 2009, against the contraction forecast of 3 per cent thanks to the 5.8 per cent expansion in the fourth quarter, according to the National Economic and Social Development Board (NESDB).

January exports rise 30% : all key sectors expect growth this year

Thailand's exports grew for the third consecutive month in January, in line with three major positive factors: the global economic recovery, increased prices for farm goods, and the elimination of tariffs under the Asean Free Trade Agreement, which is an import engine driving further economic growth.

UN report provides year-end snapshot of Asia-Pacific's recovery

As 2009 draws to a close, ensuring sustained recovery in the new global economic panorama has brought greater prominence to the role of regional cooperation in Asia and the Pacific, and of the need for the region to drive its own development in order to act as an anchor for global recovery in the future, according to a year-end update of the Economic and Social Survey of Asia and the Pacific 2009, which will be launched on Monday, 30 November, at 11 a.m., at FCCT in Bangkok.

The development vs. environment debate takes off in Thailand

Court-ordered halt to activity at Map Ta Phut underlines the challenges of balancing industrial development and prosperity with quality of life.It's a debate with...

Euro, Dollar, Yuan, Baht etc… Are Asian currencies undervalued ?

For the past several years the euro has been appreciating steadily against the US dollar. Given the Chinese yuan and other East Asian currencies are pegged to the dollar, that means the euro has been appreciating steadily against all.

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