Sign up | Log in



Home  >>   Daily News  >>   Thailand News  >> Economy  >> NESDB urges public spending to stimulate economy
NEW UPDATES Asean Affairs  27 March 2014  

NESDB urges public spending to stimulate economy

Thailand's economic growth in the first quarter could be lower than last year’s final quarter due to limited domestic consumption and export risks, according to the National Economic and Social Development Board (NESDB).
In its report to the weekly Cabinet meeting yesterday, the NESDB said budget disbursements must be speeded up to stimulate the economy while exports must also be accelerated.
It said industrial production has lessened by 7.4 per cent in line with declining manufacturing of automobiles and other products, but the agricultural production index has increased 3.2 per cent thanks to increases in productivity of rice, tapioca, sugarcane and corn.
Shrimp production has grown for the first time in 25 months, said the NESDB which reported an overall increase in farmers’ income.
Tourist arrivals in January, however, increased only 0.06 per cent and dropped 8.15 per cent in February due to the months-long political conflicts.
Though tourist arrivals at Suvarnabhumi and Don Meuang airports in Bangkok have dropped, provincial airports have enjoyed an increase, especially in Samui, Krabi, Chiang Mai and Phuket, said the NESDB.
Tourist arrivals continued dropping, falling by 8.45 per cent since March 1 given announcements by 49 countries, warning their nationals from travelling to Thailand.
Quoting a Commerce Ministry report, the NESDB said exports in January dropped 2 per cent mainly from six major goods – rice, rubber, shrimps, automobiles, construction materials and rubber products.
Excluding the six categories of goods, the country’s overall exports increased 4.4 per cent thanks to expansion in other industrial sectors which exported to Europe, the United States and Japan.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

Today's  Stories                             March 27, 2014 Subsribe Now !
• NESDB urges public spending to stimulate economy Subcribe: Asean Affairs Global Magazine
• MH370 search back on as weather improves
• Malaysia to leverage on infranstructure to be energy hub
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

• Nissan hopes to boost sedan share with Teana
• Ministry announces regulations on overseas employment firms
Asean Analysis                    March 27, 2014
• Asean Analysis March 27, 2014
Crimea’s Demonstration Effect in Asia
Advertise Your Brand

Asean Stock Watch    March 26, 2014
• Asean Stock Watch-March 26 2014
The Biweekly Update
• The Biweekly Update  March 21, 2014

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2017 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand