Somkid stresses need to maintain growth momentum

[webfact]

Somkid stresses need to maintain growth momentum
By PETCHANET PRATRUANGKRAI

THE NATION

 

 

BANGKOK: -- MORE foreign direct investment will flow into Thailand if the country maintains its growth momentum, while the creative economy will also support the expansion of investment, Deputy Prime Minister Somkid Jatusripitak said yesterday.

 

After chairing the opening ceremony for the “Creative Thailand 2016” exhibition, Somkid said foreign investors were currently keeping a close eye on whether the Kingdom suffers a loss of confidence. 

He insisted that the government would press ahead with investment projects and policies to drive the country’s economic growth, and also called for private enterprises to continue their businesses and investment plans.

“More investment will come to the Kingdom in the future if foreign investors acknowledge that Thailand will continue to grow. 

 

Full story: http://www.nationmultimedia.com/news/business/macroeconomics/30297964

 

-- © Copyright The Nation 2016-10-20

[Srikcir]

5 hours ago, webfact said:

foreign investors were currently keeping a close eye on whether the Kingdom suffers a loss of confidence. 

Not a "close eye" but rather a "closed eye."

 

Prayut already has lost confidence in increasing foreign investments:

" ... foreign investments in Thailand will be promoted only when the country has stability"

 

Foreign investors have already shown THEIR confidence:

"Thailand's currency dipped to a six-year low against the dollar last year as foreign investors dumped stocks"

http://news.thaivisa.com/thailand/foreign-investments-to-be-promoted-only-when-country-has-stability-pm/152922/

(for both quotes above)

 

Now there is mention that a general election might take place no later than the first quarter of 2018.

http://www.nationmultimedia.com/news/politics/30297973
 

 

 

[DuiDui48]

..and all the uneducated people that have poor work etics/skills,no second language..keep the masses uneducated that's the Elite people wish..And if they try to raise their voice,not good..Election pushed forward again..Can ANYONE see any kind of light in the famous dark tunnel?

 

And the raise of 5-10 bath in minimun wages..I HONESTLY feel so sad for the Thaipeople..been living here fulltime 15 years,i can't find the light,can you?

[elgordo38]

9 hours ago, webfact said:

“More investment will come to the Kingdom in the future if foreign investors acknowledge that Thailand will continue to grow. 

 

Don't try and spoof foreign investors. Do not talk to them like Thai voters. I know independent thinking is a stretch. Give them a free government road map that will explain all.