Thai economy to see growth by year-end, says PM
Prime Minister Abhisit Vejjajiva has
pledged the Thai government will do all it can to deal with challenges
facing the country for the economy to recover by the end of 2009.
Prime Minister Abhisit Vejjajiva has
pledged the Thai government will do all it can to deal with challenges
facing the country for the economy to recover by the end of 2009.
Addressing a conference in Bangkok on July 12, the PM admitted that since taking the office in December 2008, his cabinet has not achieved much due to a series of difficulties in politics, economy, tourism and export.
However, the economy has showed signs of improvement with growth possible by the year-end. The government will do its best to push the recovery through two stimulus packages worth 800 billion Baht, which have been ratified by the parliament, he said.
Thailand needs to diversify its economy and attract more investment to tap its potential and ensure sustainable development in the context of economic crisis, PM Abhisit said earlier./.
Addressing a conference in Bangkok on July 12, the PM admitted that since taking the office in December 2008, his cabinet has not achieved much due to a series of difficulties in politics, economy, tourism and export.
However, the economy has showed signs of improvement with growth possible by the year-end. The government will do its best to push the recovery through two stimulus packages worth 800 billion Baht, which have been ratified by the parliament, he said.
Thailand needs to diversify its economy and attract more investment to tap its potential and ensure sustainable development in the context of economic crisis, PM Abhisit said earlier./.
You should also see
VNA marks 70th anniversary of Dien Bien Phu Victory with various activities
The Vietnam News Agency (VNA) hosted an array of activities to celebrate the 70th anniversary of the Dien Bien Phu Victory (May 7, 1954 - 2024).
See more
World
India’s trade deficit with ASEAN widens
India's trade deficit with the Association of Southeast Asian Nations (ASEAN) has more than doubled since the implementation of the ASEAN-India Trade in Goods Agreement (AITIGA) in 2010.
ASEAN
Forum boosts economic ties among ASEAN, emerging economies, Russia
An economic cooperation forum on fostering ties between ASEAN and emerging economies, and Russia convened in Hanoi on April 12.
Culture - Sports
ASEAN Graphic Arts Competition and Exhibition 2024 to promote friendship
The Department of Fine Arts, Photography and Exhibition under the Ministry of Culture, Sports and Tourism will collaborate with relevant agencies to organise the ASEAN Graphic Arts Competition and Exhibition 2024.
ASEAN
Malaysia issues heatwave alert for 14 areas
The Malaysian Meteorological Department (MetMalaysia) has issued hot weather warnings for 14 areas across the country, particularly in the states of Perlis, Kedah, Kelantan, Sarawak and Sabah.
World
China, Thailand forge alliance for moon exploration
China and Thailand have inked preliminary agreements to collaborate on the peaceful exploration and use of space, as well as on the development of international lunar research stations.
