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thailand: news and opinion

SET, baht, tourism may face setback: UTCC

(BangkokPost.com) - Thailand’s stock market, baht currency and tourism sector will likely suffer from the economic crisis in the fourth quarter of 2008, according to University of Thai Chamber of Commerce (UTCC)'s Economic and Business Forecasting Cent... ...full story at Bangkok Post

from Bangkok Post on Tue, Oct 07 2008

see also:

07 Mar 08 visit Thai Baht up, tourism down?  »  YouTube videoThai Government lifts capital controls, allowing currency to surge. CNN's Dan Rivers reports on the effect on tourism.
08 Apr 08 visit Bt96 billion expected to be spent during Songkran  »  Bangkok Post Around 96 billion baht (US$3,096 million) is expected to be spent in the upcoming Thai New Year or Songkran Festival this year, a slight increase from last year, according to a survey by the University of Thai Chamber of Commerce (UTCC) Economic and...
17 Apr 08 visit Thai Chamber of Commerce more optimistic about GDP growth  »  Bangkok Post (BangkokPost.com) – The University of the Thai Chamber of Commerce has adjusted Thailand’s GDP target this year from 4.5-5 per cent to 5-5.5 per cent attributing the change of forecast to higher costs of agricultural products.
21 Oct 08 visit FTI chief wants govt to devalue baht to aid exporters  »  Bangkok Post (BangkokPost.com) - Thailand’s industrial sector demanded the government to watch over the value of Thai baht to increase the competiveness of Thai traders in the global market during the economic downturn.
27 Apr 07 visit Tourism marks modest gains  »  Bangkok Post (dpa) - Tourist arrivals increased 4.6 per cent in Thailand during the first quarter of 2007, compared with the same period last year, while earnings rose 11 per cent to reach 150 billion baht ($4.3 billion), the tourism minister said Friday.
21 Jul 07 visit Business wants a 35.5 baht  »  Bangkok Post A recent poll has found most businesspersons want the baht currency be kept from rising any higher than 35.50 baht per US dollar, that the government promptly reimburse cash out of a 5 billion baht fund for Small- and Medium-Enterprise (SME) projects and...

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