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Us Business Confidence In Thailand Down


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more reality..... and less fairy dust

Factors cited in the survey which have contributed to stagnation of economic expansion in Thailand include worries about government stability (up more than 25 per cent since the 2006 survey), general concern about laws and regulations (up 16 per cent from the 2006 survey), corruption, local protectionism and burdensome tax structures.

http://news.monstersandcritics.com/busines...n_Thailand_down

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domestic consumption ............

American businessmen happy with quality of life in Thailand

June 27, 2007 : Last updated 05:09 pm (Thai local time)

Americans doing business in Thailand are highly satisfied with the quality of life and low-cost labour, while they are moderately satisfied with the Kingdom's infrastructure, availability of raw materials and trained personnel, cost of office space and the free movement of goods within the region.

These were the conclusions of the 2007 Asean Business Outlook survey conducted by the American Chamber of Commerce (AmCham) in Thailand.

More than 1,600 AmCham members in six Asean nations were surveyed.

"AmCham Thailand looks forward to continuing to work closely with the Thai government on issues of concern to American investors, particularly on ensuring transparency and consultation with all stakeholders as decisions are made which affect US businesses in Thailand," said executive director Judy Benn.

"Thailand continues to be a good place for US businesses but it needs to ensure that its policies and economic direction remain competitive with its regional neighbours."

The US is the second-largest source of foreign direct investment in Thailand.

The Nation

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I think it's far more applicable to us in the LOS that Thai confidence in the US is down. Large trade imbalances and budget deficits mean the dollar will continue its slide against the baht.

Good and sobering point. Sh!t

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