TITLE

Economy To Slow Due To Weak Exports

PUB. DATE
April 2008
SOURCE
Asia Monitor: South East Asia Monitor Volume 1;Apr2008, Vol. 19 Issue 4, p1
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article reports on the economic condition of Thailand. In line with the regional trend, the country's economy ended 2007 on a strong note, expanding by a faster-than-expected 5.7% year-on-year in the fourth quarter on buoyant exports against a downwardly revised 4.8% . However, despite positive data, high oil prices and the outlook for the U.S. growth do not bode well for the maintenance of Thailand's export recovery.
ACCESSION #
31380695

 

Related Articles

  • DATA & FORECASTS.  // Asia Monitor: South East Asia Monitor Volume 1;Apr2008, Vol. 19 Issue 4, p3 

    The article reports on the economic condition of Thailand as of 2007-2008. The country's economy expanded by a faster-than-expected 4.8% in 2007, due to the country's resilient export sector. However, with the ongoing downturn in the US economy, combined with a strong baht, exports will not be...

  • Cautious Optimism, But External Uncertainty.  // Asia Monitor: South East Asia Monitor Volume 1;Dec2006, Vol. 17 Issue 12, p1 

    The article presents information related to the economy of Thailand. The Bank of Thailand (BoT) increased its 2007 outlook to 4.5-5.5% and also expects domestic consumption to rise to 4.0- 5.0% in 2007, from a projected 3.3-4.3% in 2006. Exports surged by 14.5% year-on-year in September 2006,...

  • RISK SUMMARY: THAILAND.  // Asia Monitor: South East Asia Monitor Volume 1;Apr2008, Vol. 19 Issue 4, p2 

    The article reports on the political and economic risks and business environment in Thailand. The Commerce Ministry revised its export target for 2008 from 10%-12.5% to 15% in February, partially due to strong January data, which showed exports growing at 33.6% year-on-year to a record $13.84...

  • DATA & FORECASTS.  // Asia Monitor: South East Asia Monitor Volume 1;Oct2005, Vol. 16 Issue 10, p3 

    The article presents economic forecasts for Thailand during the period 2005-06. Thailand's National Economic and Social Development Board has cut its full-year gross domestic product (GDP) growth forecast for Thailand to 3.8-4.3%, compared to its previous estimate of 4.5-5.5%. The government,...

  • No Way To Escape Recession In 2009.  // Asia Monitor: South East Asia Monitor Volume 1;Apr2009, Vol. 20 Issue 4, p2 

    The article presents an economic outlook of Thailand in 2009. With very poor macro economic data for the fourth quarter of 2008 and early 2009, economic experts from Business Monitor International Ltd. (BMI) noted that the country will not escape a recession, in spite of continued stimulative...

  • Interest Rate Normalisation Back On Agenda.  // Asia Monitor: South East Asia Monitor Volume 1;Feb2011, Vol. 22 Issue 2, p3 

    The article reports on the economic condition and forecast for Thailand for 2011. It states that the decision of the Bank of Thailand (BoT) to hike its policy rate by 25 basis points from 1.75 percent to two percent in December 2010 is due to concerns over the current increase in money supply...

  • Chapter 3: 10-Year Forecast.  // Thailand Business Forecast Report;2011 3rd Quarter, Issue 3, p21 

    The article forecasts the economic conditions of Thailand in 2020 including the important role of exports to the country's economic growth, a gradual shift from net exports towards private consumption and a strong competition faced by the country's manufacturing exports from China.

  • Incentives for Exports: The Case of Thailand. Herderschee, Han // ASEAN Economic Bulletin;Mar1993, Vol. 9 Issue 3, p348 

    During the 1980s Thailand's economy grew very rapidly and between 1988 and 1990 GDP growth averaged ll.7 per cent, with the growth in exports of manufactured goods playing an important part in this growth. A large number of factors contributed to the rapid growth of exports from Thailand, but a...

  • Exports To Experience Sharp Decline.  // Asia Monitor: South East Asia Monitor Volume 1;Mar2007, Vol. 18 Issue 3, p3 

    The article forecasts an export decline for Thailand by 2007 because of slow global growth and the lagged effects of sharp baht appreciation. Merchandise export growth is expected to slowdown to 7.3 percent in 2007 from an estimated 16.9 percent in 2006. The prospects for growth will slightly...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics