Jump to content








  • Topics

  • Latest posts...

    1. 87

      Why is Russia such a cesspool?

    2. 95

      Form 7162 Anybody Received Theirs Yet for 2024?

    3. 0

      Has my sex tourist friend found a loop hole?

    4. 2,667

      ICE vs EV, the debate thread

    5. 68

      Thai Hostages Still Missing a Year After Hamas Attack

    6. 563

      White Culture

    7. 0

      Florida Law Enforcement trying to protect the innocent,ain’t easy!

    8. 87

      Why is Russia such a cesspool?

    9. 34

      Tm47 online submission "rejected"

    10. 19

      Will White Women Shift Away from Republicans to Support Kamala Harris in 2024?

    11. 17

      Maximum Baht I can take out of Tland as cash

    12. 17

      Maximum Baht I can take out of Tland as cash

    13. 125

      Trump chickens out again.

    14. 68

      Thai Hostages Still Missing a Year After Hamas Attack

    15. 68

      Thai Hostages Still Missing a Year After Hamas Attack

Bot Asks Private Sector To Use Caution In Business Dealings In 2010


Recommended Posts

BoT asks private sector to use caution in business dealings in 2010 BANGKOK, Jan 2 (TNA) -- Despite signs of improvement in the global and Thai economies in 2010, the Bank of Thailand (BoT) has warned the private sector to use caution when doing business deals as risks and an uncertainty continue to be negative factors.

BoT deputy governor Bandid Nijathaworn said volatility in the money market may persist this year, noting that the central bank will intervene if necessary to prevent obstacles from occurring. It is still necessary for the private sector to adjust in the uncertain business climate.

“There are positive signs for the economy in 2010, but we shouldn’t become reckless because uncertainty still prevails. The private sector should do business with caution,” Mr Bandid said.

The private sector must depend on itself as it also must manage costs efficiently.

Financial costs are expected to rise after the government-sponsored economic stimulus package starts to run down and volatility in money market shows sign of increasing, he said.

The private sector cannot compete on the basis of cost-cutting alone. It must explore ways to expand trade and investment and prepare for business competitors from neighbouring countries who would open businesses in Thailand, Mr Bandid added. (TNA)

tnalogo.jpg

-- TNA 2010/1/2

[newsfooter][/newsfooter]

Link to comment
Share on other sites


Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...