Sign up | Log in



Home  >>   Daily News  >>   Thailand News  >>   Economy  >>   Thai 2010 GDP revised to 5-6 percent
NEWS UPDATES 29 June 2010

Thai 2010 GDP revised to 5-6 percent

Related Stories
June 12,2010
Fiscal Efficiency in Thailand

June 10,2010
Thai Central Bank to revise 2010 economic growth

June 8, 2010
Thailand undergoes yet another cabinet reshuffle

The Fiscal Policy Office at the Thai Ministry of Finance has revised its 2010 economic growth projection from 4-5 per cent to 5-6 per cent year-on year on the back of substantial expansion in the country’s exports, FPO director Sathit Rangkasiri said on Tuesday morning.

Mr. Sathit said the revision of the economic growth figures was based on the sharp gross domestic product (GDP) expansion of 12 percent in the first quarter of the year. The faster than expected recovery in the global economy, especially the country’s trade partners, had helped boost Thai exports, he told the Bangkok Post.

In addition, internal spending, including domestic consumption and private investment, had significantly increased when compared to last year, he said.

The director said his office also adjusted its targeted inflation rate for this year from 4 per cent to 3.5 per cent as the government has extended the cost of living relief measures for low-income earners.

The FPO expected GDP would expand about 5.6 per cent in the second quarter of the year.

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




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 © 2006-2021 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand