webfact Posted December 16, 2014 Share Posted December 16, 2014 PM confident next year's growth 3.5-4.5%BANGKOK: -- Prime Minister Prayut Chan-ocha on Monday expressed confidence that economic growth next year is expected at between 3.5 and 4.5 percent next year.He based his confidence of the growth to improvement in investors’ confidence.During a special lecture on investment promotion strategies, General Prayut said although the country’s economy was recovering and improving but it still not rise to the point of satisfaction.But he said now businesses are expected to request incentives for investment projects worth more than 700 billion baht this year.Meanwhile, the number of foreign tourists arrivals is expected to reach 25 million this year, and rise to 27 million next year.Investment in transport infrastructure and various measures for the agriculture sector are expected to also contribute to the GDP growth next year, he said.All these would help bolster the growth, he said.Gen Prayut also said as the country was becoming more orderly and cleaner, he asked all Thais to make sacrifices and cooperate with the reform drive, while refraining from instigating conflicts.Source: http://englishnews.thaipbs.or.th/pm-confident-next-years-growth-3-5-4-5 -- Thai PBS 2014-12-16 Link to comment Share on other sites More sharing options...
ikke Posted December 16, 2014 Share Posted December 16, 2014 Strange he seems to be the only one confident in expectations.... Link to comment Share on other sites More sharing options...
Popular Post khwaibah Posted December 16, 2014 Popular Post Share Posted December 16, 2014 (edited) You head it here as Dear Leader has spoken. SET down -42.37 at posting. Edited December 16, 2014 by khwaibah 3 Link to comment Share on other sites More sharing options...
Popular Post NeverSure Posted December 16, 2014 Popular Post Share Posted December 16, 2014 I'm confident of some things too. 3 Link to comment Share on other sites More sharing options...
HiSoLowSoNoSo Posted December 16, 2014 Share Posted December 16, 2014 I would love to have the same brand of crystal ball, can you buy them at Chatuchak market? Link to comment Share on other sites More sharing options...
tbthailand Posted December 16, 2014 Share Posted December 16, 2014 what a joker. He's really not an economist, is he? no doubt the economy will do better next year, but not due to 'improved investor confidence' which is not a driver of the economy - it will do better without protests and an 'intervention'. Link to comment Share on other sites More sharing options...
Thailand Posted December 16, 2014 Share Posted December 16, 2014 George W Bush is a genius and a great orator! 2 Link to comment Share on other sites More sharing options...
chotthee Posted December 16, 2014 Share Posted December 16, 2014 You head it here as Dear Leader has spoken. SET down -42.37 at posting. Unconfirmed rumour is that Thaksin dump the market to make the Supreme leader Thai Junta General Prime Minister Prayuth look bad. Once Thaksin stop selling, the Thai economy will grow 3.5-4% next year. Link to comment Share on other sites More sharing options...
deckape Posted December 16, 2014 Share Posted December 16, 2014 I still think the current administration should hire a native English speaker to provide the news services with press releases. That's at the very least....if they were smart a western PR agency would be hired to help with their *ahem* image problem. And yes I know it is more than just an image problem, but these clowns make everything so, so much worse every time one of these tinglish articles is written. 1 Link to comment Share on other sites More sharing options...
terryp Posted December 16, 2014 Share Posted December 16, 2014 going to go down in thai his-story as a fool who made too many promises 2 Link to comment Share on other sites More sharing options...
kurnell Posted December 16, 2014 Share Posted December 16, 2014 Didn't I just read tourism is down by 20% in December? Link to comment Share on other sites More sharing options...
angiolo Posted December 16, 2014 Share Posted December 16, 2014 JUST WORDS .. No actions Link to comment Share on other sites More sharing options...
Popular Post NongKhaiKid Posted December 16, 2014 Popular Post Share Posted December 16, 2014 From army general to PM then international statesman and now economist. What's next ? The talented Mr. Ripley indeed. 5 Link to comment Share on other sites More sharing options...
FangFerang Posted December 16, 2014 Share Posted December 16, 2014 (edited) You head it here as Dear Leader has spoken. SET down -42.37 at posting. Unconfirmed rumour is that Thaksin dump the market to make the Supreme leader Thai Junta General Prime Minister Prayuth look bad. Once Thaksin stop selling, the Thai economy will grow 3.5-4% next year. Yes, and other 'rumour' that Thai on farang forum say "mune made of green cheese", "irth is flat", "universe make in seven 24 day", "world is not hour Father" . and "earth girls are ieazy". Nicely failed try. You type engrish with Tie axent. Edited December 16, 2014 by FangFerang Link to comment Share on other sites More sharing options...
JOC Posted December 16, 2014 Share Posted December 16, 2014 You head it here as Dear Leader has spoken. SET down -42.37 at posting. Unconfirmed rumour is that Thaksin dump the market to make the Supreme leader Thai Junta General Prime Minister Prayuth look bad. Once Thaksin stop selling, the Thai economy will grow 3.5-4% next year. Meanwhile.......................On Planet Earth...................... BTW, did I mention, that the RTP has been rewarded The Best Policeforce In The World Award?? Link to comment Share on other sites More sharing options...
Alwyn Posted December 16, 2014 Share Posted December 16, 2014 You head it here as Dear Leader has spoken. SET down -42.37 at posting. Unconfirmed rumour is that Thaksin dump the market to make the Supreme leader Thai Junta General Prime Minister Prayuth look bad. Once Thaksin stop selling, the Thai economy will grow 3.5-4% next year. Yes, if you haven't heard a rumour by mid-day, start one, right? Link to comment Share on other sites More sharing options...
Alwyn Posted December 16, 2014 Share Posted December 16, 2014 Was that the fearless leader I just saw skipping along the yellow brick road on his own? Link to comment Share on other sites More sharing options...
ezzra Posted December 16, 2014 Share Posted December 16, 2014 Words are cheap, more 'gifts' to the Thai people, I predict, I foresee, I envision.. blah blah blah no one will hold him accountable to any of those micky mouse predictions... 1 Link to comment Share on other sites More sharing options...
elgordo38 Posted December 16, 2014 Share Posted December 16, 2014 what a joker. He's really not an economist, is he? no doubt the economy will do better next year, but not due to 'improved investor confidence' which is not a driver of the economy - it will do better without protests and an 'intervention'. Consumers are tapped out and banks are tightening lending regulations. Financial hangover year 2015 Link to comment Share on other sites More sharing options...
yellowboat Posted December 16, 2014 Share Posted December 16, 2014 He said previously that there will be winners and losers when there is change. We will see how these changes, or lack of, will effect him and the Junta. Link to comment Share on other sites More sharing options...
Suffinator Posted December 16, 2014 Share Posted December 16, 2014 Isn't the government about to release the updated version of the Foreign Business Act? Ok well if he's scrapped the 51% thai ownership protectionist clap-trap he might just be able to achieve that type of growth. Anything less will likely be a fairly tale. Link to comment Share on other sites More sharing options...
Eric Loh Posted December 16, 2014 Share Posted December 16, 2014 Here lay the dilemma of a junta PM in that he is limited in his travels and discuss trade with most developed economies. Link to comment Share on other sites More sharing options...
Popular Post tullynagardy Posted December 16, 2014 Popular Post Share Posted December 16, 2014 He based his confidence of the growth to improvement in investors’ confidence. FDI is down a staggering 38% yet this clown says investors confidence is up!? http://www.nasdaq.com/article/thailands-tiger-economy-is-no-longer-roaring-cm414521 He is literally making a fool of himself daily at this stage. 3 Link to comment Share on other sites More sharing options...
trainman34014 Posted December 16, 2014 Share Posted December 16, 2014 And what do his mates Goofy and Donald think ? Link to comment Share on other sites More sharing options...
dutchisaan Posted December 16, 2014 Share Posted December 16, 2014 And he is eaying this because in a few weeks Thailand is a part of asean? Sent from my iPad using Thaivisa Connect Thailand mobile app Link to comment Share on other sites More sharing options...
fobuff Posted December 16, 2014 Share Posted December 16, 2014 The Great Leader has spoken (again)... It will happen Link to comment Share on other sites More sharing options...
cmsally Posted December 16, 2014 Share Posted December 16, 2014 Looks like he has been playing in the fortune cookie jar this morning ! Link to comment Share on other sites More sharing options...
dean008 Posted December 16, 2014 Share Posted December 16, 2014 surround yourself with yes men and they will tell you what you want to hear, surely you know that Link to comment Share on other sites More sharing options...
pantareiyingluck Posted December 16, 2014 Share Posted December 16, 2014 For me it sounds like Yingluck is speaking about army helicopter maintenance and the metal fatigue on rotor blades. Which does not give me much confidence. Link to comment Share on other sites More sharing options...
janpoo Posted December 16, 2014 Share Posted December 16, 2014 The new Einstein is born. But thanks for all the new years gifts to the Thai people!!!!!!!!! IDIOT Link to comment Share on other sites More sharing options...
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