Arab Today, arab today thailand\s economic growth revised downward
Last Updated : GMT 21:09:51
Arab Today, arab today
Arab Today, arab today

Thailand\'s economic growth revised downward

Arab Today, arab today

Arab Today, arab today Thailand\'s economic growth revised downward

Bangkok - Xinhua

Thailand\'s National Economic and Social Development Board (NESDB) reported Monday that the country\' s economy had been expected to expand by 3.5-4 percent in 2011, lower than the 3.5-4.5 percent projected earlier in May. According to NESDB Secretary General Arkhom Termpittayapaisith, Thailand\'s economy in the second quarter grew by only 2.6 percent, decreasing from 3.2 percent in the first quarter. Contractions in the manufacturing sector affected by Japan\'s devastating earthquake and tsunami, and the subsequent contraction of the Japanese economy as well as reduction in total investment are among the leading causes. Thai economy grew by 2.9 percent in the first half of 2011, NESDB reported. After seasonal adjustment, the gross domestic product (GDP) is projected to grow in the range of 3.5-4.0 percent while headline inflation is forecasted to be in the range of 3.6-4.0 percent. The adjustment was owing to the fluctuation of oil prices, the delay of government budget disbursements in 2012, risks on global economic recovery, particularly the higher risk of economic recession in the US and the continuing European public debt issues, and the risk of volatility related to the money market, the capital market and the foreign exchange rate. In addition, the Thai baht tended to appreciate in the latter half due to depreciation of U.S. dollar, the NESDB secretary general said.  

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today thailand\s economic growth revised downward Arab Today, arab today thailand\s economic growth revised downward

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today thailand\s economic growth revised downward Arab Today, arab today thailand\s economic growth revised downward

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday