Exports likely to fare better in December

[webfact]

Exports likely to fare better in December

By THE NATION

 

Pornpen Sodsrichai, Bank of Thailand's Director, Economic Analysis Office

 

Total Thai export in December is expected to post a lower contraction rate than November, which stood at minus 7.7 per cent from the previous month (October), said Pornpen Sodsrichai, Bank of Thailand's Director, Economic Analysis Office, on Monday (December 30).

 

Value of Thai export has declined 3.4 per cent year on year over the past 11 months.

 

The central bank expected the Thai economy to grow 2.5 per cent this year.

 

Next year, it estimated an economic expansion of 2.8 per cent, based on an assumption that export will grow 0.5 per cent in line with an expected improvement of the global economy.

 

Source: https://www.nationthailand.com/business/30380005

 

-- © Copyright The Nation Thailand 2019-12-31

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[legend49]

December 2025?

[RichardColeman]

3 hours ago, webfact said:

Exports likely to fare better in December

Actually I can believe this. Most factories that are shutting down in Thailand now will be trying to offload as much stock as possible

[bluesofa]

3 hours ago, webfact said:

Exports likely to fare better in December

Judging by other articles, I assume this report must have been written by a graduate from the TAT School of Optimism.

[hotchilli]

5 hours ago, webfact said:

Exports likely to fare better in December

I love the optimism !

[fulhamster]

US $ now 29.8    First time they've let it go below 30

 

 

[neeray]

50 minutes ago, hotchilli said:

I love the optimism !

I don't ! 

I detest pure, unadulterated BS.

 

But I am reasonably sure that you are just exercising sarcasm (emoji omitted).

[Isaan sailor]

Meanwhile, China, Vietnam and even Cambodia will enjoy record exports, as they laugh and pity Thailand.  Too bad the regime took the ChiCom bait—hook, line and sinker.

[Srikcir]

If exports contract more slowly, the government will hail that as an improvement.