webfact Posted December 28, 2016 Share Posted December 28, 2016 Growth next year set at over 3.6% BANGKOK: -- Thailand's economy is now recovering with forecast that it will grow at least 3.6%. According to Thanawat Polwichai, the director of the Center for Economic and Business Forecasting at the University of the Thai Chamber of Commerce, the national economy will begin to show clear signs of recovery towards the end of the 2nd quarter of 2017. This will allow the national economy to grow by at least 3.6%. However he cautioned that this is still dependent upon the recovery of the global economy. Full story: http://englishnews.thaipbs.or.th/growth-next-year-set-3-6/ -- © Copyright Thai PBS 2016-12-28 Link to comment Share on other sites More sharing options...
petermik Posted December 28, 2016 Share Posted December 28, 2016 Plenty of time for "adjustments" due to unforseen circumstances Link to comment Share on other sites More sharing options...
BuckBee Posted December 28, 2016 Share Posted December 28, 2016 Recovering from what ! It all been hitting targets or exceeding them :-) Total fantasy figures ... Link to comment Share on other sites More sharing options...
kotsak Posted December 28, 2016 Share Posted December 28, 2016 Link to comment Share on other sites More sharing options...
nong38 Posted December 28, 2016 Share Posted December 28, 2016 Somewhat optimistic revelation which depends on the global economy recovering so there we have the get clause, why make these sort of statements they mean nothing but do you get a picture in the paper. I really do hope that they right with their predictions but like TAT they usually are very over optimistic, indeed you cannot fault Thailand on that front they are the most optimistic country when it comes to predicting the future, the problems arises when the predictions dont happen. Link to comment Share on other sites More sharing options...
waldroj Posted December 28, 2016 Share Posted December 28, 2016 (edited) "...However he cautioned that this is still dependent upon the recovery of the global economy..." A sign of things to come !!! Edited December 28, 2016 by waldroj Added quote Link to comment Share on other sites More sharing options...
Brer Fox Posted December 28, 2016 Share Posted December 28, 2016 50 minutes ago, petermik said: Plenty of time for "adjustments" due to unforseen circumstances This economic wizard seems to foresee the "unforeseen" circumstances. It is their dependence on the global economy which is their standard excuse for everything. In other words if it were not for the global economy Thailand would be going gangbusters. Instead it is languishing at less then half that of neighborouring countries which strangely are not affected by the global economy. Link to comment Share on other sites More sharing options...
elgordo38 Posted December 28, 2016 Share Posted December 28, 2016 4 hours ago, nong38 said: Somewhat optimistic revelation which depends on the global economy recovering so there we have the get clause, why make these sort of statements they mean nothing but do you get a picture in the paper. I really do hope that they right with their predictions but like TAT they usually are very over optimistic, indeed you cannot fault Thailand on that front they are the most optimistic country when it comes to predicting the future, the problems arises when the predictions dont happen. There is no shame in being wrong. The secret is to not be wrong by to much. Some say things will be up some say down some say sideways take your pick. Link to comment Share on other sites More sharing options...
jerojero Posted December 28, 2016 Share Posted December 28, 2016 Up, down, left, right.....Wild guessing based on unforeseen external factors. B S straight ahead. Link to comment Share on other sites More sharing options...
Lupatria Posted December 28, 2016 Share Posted December 28, 2016 5 hours ago, petermik said: Plenty of time for "adjustments" due to unforseen circumstances ...and if we don't hit the target let's blame it on the global economic downturn. It worked well in the past. Link to comment Share on other sites More sharing options...
Srikcir Posted December 28, 2016 Share Posted December 28, 2016 January 2016 UTCC predicted 2016 growth to be 3.5%. But warned of negative factors that could impede growth such as Chinese economic slowdown, Thai export contraction, low farm prices, weakened Baht currency, and International politics. What's improved for 2017? Link to comment Share on other sites More sharing options...
chainarong Posted December 28, 2016 Share Posted December 28, 2016 Seems like investing anywhere else than in Thailand would be indeed a waste time, looks like it has one of the best economy in the world, except China ( What can U believe) the rest are battling to hit 2%...................................... Link to comment Share on other sites More sharing options...
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