3.3 percent GDP forecast by Kasikorn Research Centre

[webfact]

3.3 percent GDP forecast by Kasikorn Research Centre

 

 

BANGKOK: -- Kasikorn Research Centre has predicted the economic growth rate for this year at 3.3 percent, thanks to export expansion from earlier projection of 0.8 percent to a revised projection of 2 percent as a result of increasing demand for and prices of Thai products.

 

The centre, however, has revised down projected investment of the private sector to 1.5 percent from 2.8 percent due to uncertainty over government’s investments in some projects, prompting private investors to adopt wait and see attitude.

 

Mr Chao Kengchon, managing director of the centre, is optimistic that economic situation for the second half of the year will be better than the first half as the Central Fund and government funds will be disbursed in the third quarter coinciding with tourism expansion in the high season.

 

Full story: http://englishnews.thaipbs.or.th/3-3-percent-gdp-forecast-kasikorn-research-centre/

 

-- © Copyright Thai PBS 2017-03-31

[leeneeds]

A yoyo statement that is ambiguous, 

sounds like this guy was a student  of yes minister's Sir Humphrey !

 

[ezzra]

 

There are many people in this country who like to " predict " on just about

anything and everything, and the media takes them on face value and

publish their " predictions " this is not to say that their predictions are not

much more based on real fact that a crystal ball or tarot cards,

and when those predictions fail to materialize miserably, no one hold

them accountable to that and they continue to predict.....

[Srikcir]

13 hours ago, webfact said:

The centre, however, has revised down projected investment of the private sector to 1.5 percent from 2.8 percent due to uncertainty over government’s investments in some projects, prompting private investors to adopt wait and see attitude.

 

Down by almost half. Why should then foreign investment not also stagnant or decrease further? What's left is government investment coupled with more deficit spending, higher inflation and unemployment. US Secretary of State Tillerson will be meeting with Xi of China on trade balance. Be interesting if Thailand's economy will be adversely affected by the outcome of that meeting.

[Redline]

Let's all agree on 3 and end this daily guessing game.  If it's more "wow look what we did!"

[wakeupplease]

2 hours ago, Srikcir said:

Down by almost half. Why should then foreign investment not also stagnant or decrease further? What's left is government investment coupled with more deficit spending, higher inflation and unemployment. US Secretary of State Tillerson will be meeting with Xi of China on trade balance. Be interesting if Thailand's economy will be adversely affected by the outcome of that meeting.

Na it will help as more copy goods will be dumped on us to make up for the losses in big brothers waters

 

dam tourists