Thailand's Industrial Sentiment Index Above 100 Mark for 5th Straight Month | ||
UPDATE : 25 March 2010 | ||
The outlook is still bright for Thailand's economy, as the Thai Industries Sentiment Index has hovered over a 100 mark for the fifth month in a row since October. Chairman of the Federation of Thai Industries or FTI, Santi Vilassakdanont, reported that the Thai Industries Sentiment Index has been over a 100 mark for five consecutive months, despite a slight decline in February as a result of the red-shirt protest and rising oil prices. The February index stood at 114.5, down from 115.4 in January. The February survey took 1,165 samples from 39 industries. Santi projected Thailand's exports to grow more than 14 percent, assuming the index stays above 100 in the second quarter of this year and that the red-shirt protests will not block airports, sea ports, or roads, which would impact logistics. He went on to say that political tensions and rising oil prices remain the two major factors for most investors, followed by changes in foreign currencies and global markets. The FTI chairman noted that the business sector wants the government to keep the situation under control, fearing that a violent protest would undermine both domestic and foreign trades, as well as the economy in general. |
วันพฤหัสบดีที่ 25 มีนาคม พ.ศ. 2553
Thailand's Industrial Sentiment Index Above 100 Mark for 5th Straight Month
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