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NEWS UPDATES Asean Affairs           1   August   2011

Thailand economy peaks in three months

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Thailand's economic growth should reach its highest point of the year in the next three months, according to the latest economic survey.

The survey on the economic expectation index in the next three months was conducted from July 15 to 21, involving 62 economists from 26 leading economic agencies in the country.

The polled economists expected the Thai economy to peak at 62.11 points within the next three months.

They believed the economic outlook should remain positive now the political situation eased up and the July 3 general election went smoothly.

Other key factors contributing to the high economic expectations were the beginning of the high tourist season in the next three months, rising private consumption due to higher consumer confidence in the next government's announced policies, and the government's spending and investment on various projects.

The survey said the country's economic status index was still strong, standing above the 50-point benchmark at 56.94 points.

The indices for exports and tourism surpassed the 50-point benchmark. Exports scored 69.17 points while tourism had 59.68 points.

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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


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