12/11/2009
Bangkok Post
A recovery in export orders should lift industrial sector growth to between 4.5% and 5.5% next year, after a 5.9% slide this year, says the Industry Ministry.
The ministry bases its forecast on GDP growth of 3.1%, crude averaging $68 per barrel, the baht at 35.5 per dollar, and on World Bank projections of demand from Thailand's top 14 trading partners.
"We made it a bit conservative because the Map Ta Phut issue should drag investment sentiment slightly," said Suttinee Poopaka, director-general of the Office of Industrial Economics (OIE).
Capacity utilisation is forecast to rise from 56.4% this year to 63% next year, close to 62.6% recorded in 2007. Export orders reflect demand spurred by government stimulus packages, she said.
But Thailand's economic outlook depends on the stability of the global recovery and on domestic politics, she added. Discord between Thailand and Cambodia could also threaten a recovery.
Climbing fuel costs that could add to production costs are also a factor.
The ministry bases its forecast on GDP growth of 3.1%, crude averaging $68 per barrel, the baht at 35.5 per dollar, and on World Bank projections of demand from Thailand's top 14 trading partners.
"We made it a bit conservative because the Map Ta Phut issue should drag investment sentiment slightly," said Suttinee Poopaka, director-general of the Office of Industrial Economics (OIE).
Capacity utilisation is forecast to rise from 56.4% this year to 63% next year, close to 62.6% recorded in 2007. Export orders reflect demand spurred by government stimulus packages, she said.
But Thailand's economic outlook depends on the stability of the global recovery and on domestic politics, she added. Discord between Thailand and Cambodia could also threaten a recovery.
Climbing fuel costs that could add to production costs are also a factor.
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Thailand's economy is depent on cambodia that is the main things, cambodia is the main route for Thailand economy, Thailand must do whatever to live in peace with cambodia as a good neighbors, Bothe country has the same culture, without anything else....like taken advantaged or flip flop as example....Abhisit vejjajiva should have understand and known about that for sure...?
Thailand alwys look down and trying to take advantage on poor cambodia, you' all must understood that for facts! if Thailand knew and considered cambodia has the same cultural and traditions, and willing to live in peace together for the sake of our people, why they keep destroyng our cambodia..?? you' all must knew why? they don't want to have cambodia infront of their face! they wanted to split half and half with Vietnam....you' all knew that?? Vietnam and Thailand are doing these shit to us...??
អភិសិទ្ធិកុំស្មានថាកើតនៅអង់គ្លេសរៀននៅអង់គ្លេសគ្រាន់បើជាងហុនសែន។
សួម្បីតែមន្ត្រីក្រសួងការបរទេសសៀមកាសិទភីរមក៍សុំទោសហុនសែនដែរ។
នៅស្រុកខ្មែរបក្សប្រឆាំងខ្មែរមិនដែលសុំទោសហុនសែនផងដល់់ទៅ
មន្ត្រីក្រសួងការបរទេសសៀមកាសិទភីរមបានសុំទោសហុនសែនដួចជា
អន់ជាងហុនសែនមែនទែន។
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