Thai Industries Sentiment Index in March lowest in 5 years

[webfact]

Industries Sentiment Index in March lowest in 5 years



BANGKOK, 29 April 2014 (NNT) – According to the Federation of Thai Industries (FTI), the Thai Industries Sentiment Index (TISI) stood at 84.7 points in March, the lowest in 5 years.

Mr. Supan Mongkolsuthee, the newly-appointed FTI chairman, has revealed that the ongoing political stalemate has been affecting the country’s economy, causing domestic consumption to slow down while production costs are rising higher and higher. As a result, the industrial sentiment index in the third month of 2014 dropped to 84.7 points, which represented the lowest number in almost 5 years.

He also noted that the prolonged political conflict has raised concerns among the Thai entrepreneurs, claiming that the conflict which seems to be unending would seriously impair their competitiveness especially when the ASEAN Economic Community is finally formed.

Lastly, the president indicated that all relevant agencies should work together to end this conflict and find ways to trigger the economy.


-- NNT 2014-04-29

[empireboy]

Now here's a chance for Necessity... they say it's the Mother of invention!

[Tom420]

Loving this, get more baht for your pound

[winstonc]

domestic consumption down.....mmm maybe if people didnt live beyond their meens they might have a few more baht to spend..blaming it on the current protest is a crap excuse...and they know it...

[cobbler]

domestic consumption down.....mmm maybe if people didnt live beyond their meens they might have a few more baht to spend..blaming it on the current protest is a crap excuse...and they know it...

easy to say.try living on 300 bhart a day 555

Sent from my GT-N7100 using Thaivisa Connect Thailand mobile app

[Prbkk]

The last time it was this low, Abhisit was PM.

[dinooz]

The last time it was this low, Abhisit was PM.

Quiet possible he had the world financial crises to deal with and a group of militants holding Bangkok hostage with threats to turn it into a sea of flames,PTP have only themselves to blame apart from a few grannies in Lumpini Park apparently.

[winstonc]

domestic consumption down.....mmm maybe if people didnt live beyond their meens they might have a few more baht to spend..blaming it on the current protest is a crap excuse...and they know it...

easy to say.try living on 300 bhart a day 555

Sent from my GT-N7100 using Thaivisa Connect Thailand mobile app

who says i dont ..