Regional confidence in economy seen rising

By The Nation

 

 

Citizens’ confidence is strengthening in the Thai economy’s six-month outlook, according to a Regional Confidence Index compiled with data from 76 provincial treasury offices.

 

The Thai Chamber of Commerce and Federation of Thai Industries announced the conclusion on Thursday (November 28).

 

Wuttipong Jittungsakul, director of the Savings and Investment Policy Bureau, and Pisit Puapan, director of the Macroeconomic Policy Bureau under the Fiscal Policy Office, said the Confidence Index in the West and Northeast increased to 65.6 points, which they attributed to enhancements in the agriculture and services sectors.

 

The North hit 63.8 based on support for the industrial sector via the government’s economic stimulus measures for SME entrepreneurs, they said, while the East rose to 60.8.

 

The South was at 59.5 points while the Central region rose to 56.1, with Bangkok separately registering 50 points, both thanks to the enhancement of employment.

 

Source: https://www.nationthailand.com/news/30378863

 

-- © Copyright The Nation Thailand 2019-11-28

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full of contradictions, the BS keeps coming ....

 

Today :  Regional confidence in economy seen rising

 

Yesterday  : The Thai economy is on the verge of a recession while the baht will remain strong, a financial analyst has warned.

 

 

40 minutes ago, snoop1130 said:

Citizens’ confidence is strengthening in the Thai economy’s six-month outlook ...

... which they attributed to enhancements in the agriculture and services sectors.
... thanks to the enhancement of employment.

 

Mhmm, right.

Deeper anal-ysis however might reveal that it was just another batch of - rather bad - cannabis oil hitting the streets ... uups ... no, I mean the clinics ... 

 

1 hour ago, snoop1130 said:

Citizens’ confidence is strengthening in the Thai economy’s six-month outlook, according to a Regional Confidence Index compiled with data from 76 provincial treasury offices.

The Regional Confidence Index is boosted by the helicopter stimulus money that flows into the pockets of those charged with the responsibility for infrastructure village development.

All I ever see is flying pigs, what do you really think Yin?

Licking their wounds 

 

Not surprising 

 

Next story will be something like 

 

"Martians Impressed with Strong Thailand Economy" 

Key Gwah.

The only things Thai citizens have in strength in the economy is the knowledge they can get into more debt soon

The problem with maintaining an archive of publications is that I have to include junk like this article.

No doubt next week (apart from only last week) the cited Confidence Index will be contradicted and a new excuse for cheer leading the Thai economy will surface.