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Bangkok (dpa) - The Thai government on Tuesday decided to reduce the fixed price it offers farmers for their rice after losing more than 136 billion baht ( 4.5 billion dollars ) on the populist scheme. "The international , domestic price of rice has been low, which means we have lost a lot of money," said Commerce Minister Boonsong Teriyapriyom . The cabinet has endorsed Boonsong's pr...
Data summary: Global outlook Global outlook 2008 a 2009 a 2010 a 2011 a 2012 b 2013 c 2014 c 2015 c 2016 c 2017 c International assumptions ( %) World GDP growth 1.3 -2.3 3.9 2.6 2.1 2.1 2.8 2.9 2.9 2.9 US GDP growth -0.3 -3.1 2.4 1.8 2.2 2.1 2.5 2.4 2.3 2.4 EU27 GDP growth 0.2 -4.3...
region forecast overview: Highlights The political scene will remain turbulent in 2013-17, as competing forces vie for power , influence ahead of the inevitable royal succession. The eventual death of Thailand's revered monarch, Bhumibol Adulyadej, who is 85 years old , has been in , out of hospital since late 2009, will be deeply destabilising. The Puea Thai party, led by Yingl...
Data , charts: Quarterly data 2011 2012 2013 2 Qtr 3 Qtr 4 Qtr 1 Qtr 2 Qtr 3 Qtr 4 Qtr 1 Qtr Central government finance (Bt m) Revenue 634.1 557.8 409.4 440.2 656.8 623.9 498.3 481.8 Expenditure 535.1 539.5 508.2 811.8 503.8 637.2 783.6 604.0 Bal...
June 07 --Consumer confidence dipped for the 2nd consecutive month in May, as people were increasingly concerned about an economic slowdown that could affect their future income , higher product prices. A survey by the University of the Thai Chamber of Commerce (UTCC) reported the consumer confidence index dropped to 82.5 points last month from 83.7 in April, 84.8 in March , 84 in Fe...
BANGKOK , June 1 (Xinhua) -- The Bank of Thailand (BoT) will reassess this year's economic figures, including the predicted gross domestic product (GDP), in July, a BoT official said. Mathee Supapongse, senior director of the BoT's Macroeconomic , Monetary Policy Department (MPC), said on Friday that Thailand saw a slowdown in foreign capital inflows in May but has yet to pinpoint ...
Indian PM arrives in Thailand on 2-day visit Text of report by Indian news agency PTI Bangkok , 30 May: Prime Minister Manmohan Singh on Thursday [30 May] arrived here on a 2-day visit during which he will hold talks with his Thai counterpart Yingluck Shinawatra to outline the framework of a Comprehensive Free Trade Agreement [FTA] , elevate bilateral ties into a "strategic partn...
2013-05-28 -- Thailand's key economic agency has defended its projection methods, saying they are in line with international standards, after the Bank of Thailand raised question about some of its data released last week. The central bank claimed there were large discrepancies when compared to its own statistics. The National Economic , Social Development Board (NESDB) said its practices...
BANGKOK , 2013-05-20 (Xinhua) -- Thailand's Gross Domestic Product ( GDP) forecast has been lowered from 4.5-5.5 % to 4.2-5.2 % due to its unsatisfactory economic performance in the Q1, the National Economic , Social Development Board (NESDB) said on Monday. Arkhom Termpittayapaisith, secretary general of NESDB, a government agency under the Office of the Prime Mi...
Presentation OPERATOR: Good day, ladies , gentlemen, , thank you for standing by. Welcome to the Hutchinson Technology 2nd-Q-results conference call. During today's presentation, all parties will be a listen-only mode. Following the presentation, the conference will be open for questions. (Operator Instructions) This conference is being recorded today, 2013-04-30 . I w...
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