george Posted July 25, 2009 Share Posted July 25, 2009 Strong Thailand scheme would improve economy BANGKOK: -- Even though the global recession would worsen the country’s ailing economy, but the government’s being implemented Thai Khem Kaeng (Strong Thailand) scheme would help improve the situation, Democrat party deputy spokesman Arkkrawit Suwanphakdee said on Saturday afternoon. Mr Arkkrawit admitted that the economic downturn situation has not yet substantially improved despite the Democrat-led coalition government has taken office for more than six months and had enacted several stimulus measures. However, he cited that there was a positive indicator as the number of unemployed workers had dropped from 800,000 to about 600,000. The declining in industrial out put had improved from minus 25.5 per cent as of the end of last year to only minus 6.7 per cent. The drop in the government’s income from value added tax, which reflects domestic consumption, had recovered from minus 22.6 per cent last year to minus 11.7 per cent. -- Bangkok Post 2009-07-25 Link to comment Share on other sites More sharing options...
catmac Posted July 25, 2009 Share Posted July 25, 2009 Nothing to be proud of in these figures, Thailand is still trailing its competitors..... "South Korea's economy expanded in the second quarter by its fastest rate in five-and-a-half years. Gross domestic product rose 2.3% from the previous three months...... The growth in the April-to-June period - the biggest such rise since the fourth quarter of 2003 - compares with 0.1% growth from January to March and a 5.1% drop in the October-to-December period." And even more to the point..... "Its exports rose 14.7% in the second quarter compared with the previous three months, helped by a weak won." http://news.bbc.co.uk/2/hi/business/8166648.stm Link to comment Share on other sites More sharing options...
Thailand Posted July 25, 2009 Share Posted July 25, 2009 Nothing to be proud of in these figures, Thailand is still trailing its competitors....."South Korea's economy expanded in the second quarter by its fastest rate in five-and-a-half years. Gross domestic product rose 2.3% from the previous three months...... The growth in the April-to-June period - the biggest such rise since the fourth quarter of 2003 - compares with 0.1% growth from January to March and a 5.1% drop in the October-to-December period." And even more to the point..... "Its exports rose 14.7% in the second quarter compared with the previous three months, helped by a weak won." http://news.bbc.co.uk/2/hi/business/8166648.stm You can't possibly think that tourism , foreign investment & exports could be helped by a weakened baht, come on now. Link to comment Share on other sites More sharing options...
Chunkton Posted July 25, 2009 Share Posted July 25, 2009 Even commodity countries with appreciating currencies have signaled they will intervene as they don't want their currencies too strong to hamper exports. Not Thailand though. And of course will there be the US "bank holiday" followed by a currency devaluation? More Goldman Sachs mega profits? Ah, never a dull moment. Link to comment Share on other sites More sharing options...
verydumbubba Posted July 25, 2009 Share Posted July 25, 2009 Of course the PM does not mention the sharp increase in SIN VAT Are BIB making more moolah also? Bubba Link to comment Share on other sites More sharing options...
givenall Posted July 25, 2009 Share Posted July 25, 2009 Nothing to be proud of in these figures, Thailand is still trailing its competitors....."South Korea's economy expanded in the second quarter by its fastest rate in five-and-a-half years. Gross domestic product rose 2.3% from the previous three months...... The growth in the April-to-June period - the biggest such rise since the fourth quarter of 2003 - compares with 0.1% growth from January to March and a 5.1% drop in the October-to-December period." And even more to the point..... "Its exports rose 14.7% in the second quarter compared with the previous three months, helped by a weak won." http://news.bbc.co.uk/2/hi/business/8166648.stm What is up with the officials in this country? Nothing ever looks bad. They are always looking through rose glasses Link to comment Share on other sites More sharing options...
Oberkommando Posted July 25, 2009 Share Posted July 25, 2009 Even though the global recession would worsen the country's ailing economy, but the government's being implemented Thai Khem Kaeng (Strong Thailand) scheme would help improve the situation, Democrat party deputy spokesman Arkkrawit Suwanphakdee said on Saturday afternoon. Unintelligible gibberish. I really wish these newspapers would employ competent proof readers. Link to comment Share on other sites More sharing options...
mhan77 Posted July 25, 2009 Share Posted July 25, 2009 Nothing to be proud of in these figures, Thailand is still trailing its competitors....."South Korea's economy expanded in the second quarter by its fastest rate in five-and-a-half years. Comparing South Korean economy to Thai economy ?? On a serious note, conveying something with a clear message doesn't require correct grammar or proof reading, rather a kick ass way of expressing yourself, ex. "Shake wutcho momma gave yall" or "you schetupid bloedy folking wangka" haha so it wasnt serious. 10 year cycle is what I go by, history never lies. Link to comment Share on other sites More sharing options...
slapout Posted July 25, 2009 Share Posted July 25, 2009 "history never lies" no but the people who read it and even those who live thru it sometimes have a tendency to embellish, distort, ignore, and it seems in today's age of communication, present selected portions to further some agenda other than the whole unvarnished truth. Link to comment Share on other sites More sharing options...
zzaa09 Posted July 27, 2009 Share Posted July 27, 2009 Nothing to be proud of in these figures, Thailand is still trailing its competitors....."South Korea's economy expanded in the second quarter by its fastest rate in five-and-a-half years. Gross domestic product rose 2.3% from the previous three months...... The growth in the April-to-June period - the biggest such rise since the fourth quarter of 2003 - compares with 0.1% growth from January to March and a 5.1% drop in the October-to-December period." And even more to the point..... "Its exports rose 14.7% in the second quarter compared with the previous three months, helped by a weak won." http://news.bbc.co.uk/2/hi/business/8166648.stm Not an easy comparative. Korea has a far more well established industrial sector. And they have the US...sucking on one it's hind teets. Link to comment Share on other sites More sharing options...
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