Friday, February 11, 2011

Warnings of growing effect of conflict [on Thailand]

February 11, 2011
By WATCHARAPONG THONGRUNG
THE NATION

There were warnings yesterday about growing social and international effects from the Thailand-Cambodia conflict.

The University of the Thai Chamber of Commerce warned that the row could affect consumer confidence, while Thai Chamber of Commerce chairman Dusit Nontanakorn said the clash could result in lost international regard for the Asean grouping.

The university's deputy rector Sauwanee Thairungroj said yesterday that the Thailand-Cambodia conflict raised concerns for most Thai people, apart from the domestic political situation and Egypt's political uprising.

She was speaking at the announcement of a second consecutive monthly rise in the Consumer Index in Thailand. The index for January, based on a survey taken before the start of the Thailand-Cambodia clash, rose to 72.6 points from 71.9 a month earlier.


The index, conducted by the UTCC's Centre for Economic and Business Forecasting, is based on a survey of 2,240 consumers around the country. Of these, 40.4 per cent were in Bangkok and its suburbs and the remaining 59.6 per cent in the provinces.

High agricultural prices, which drove up farmers' purchasing power, the government's Pracha Wiwat measures and the policy to maintain the price of diesel at no more than Bt30 per litre psychologically lessened concerns over rises in product prices and cost of living, the centre said.

The Finance Ministry's estimate that the country's economy would grow by 4.5 per cent this year and December's export figures also boosted consumers' confidence. Thai exports rose 8.8 per cent to US$15.91 billion (Bt490 billion) in December, leaving the trade balance with a surplus of $1.31 million.

Even though the Consumer Index implied a continuously positive outlook, the conflict between Thailand and Cambodia could affect consumers' confidence in the future as the survey was conducted before the clash, said the centre's director Thanavath Phonvichai.

Meanwhile, Thai Chamber of Commerce chairman Dusit said that Thailand should speed up an end to the clash with Cambodia through peaceful negotiation within a clearly specific period of three or seven days.

If the conflict persists, foreign countries may lose confidence in Asean as the two neighbours lack sincerity about regional economic cooperation, and that could negatively impact Asean Economic Community (AEC) cooperation, which is mainly headed by Thailand.

"The current situation has not affected the economic and business relationship. But if the conflict spreads to people, the AEC integration could face problems and obstacles.

"The Thai Chamber of Commerce remains optimistic that the two countries will find ways for negotiation to peacefully end the conflict," Dusit said.

4 comments:

Anonymous said...

Hun Sen lost his ties with Vietnam as his son Hun Manet try to play a balance of powers with Korea and Japan business venture. Now that Thailand and Vietnam connection is lost.

Other players like Sam Rainsy can slay Hun Sen regime to end suffering of the people.

Yet HUN SEN YOU OWE ME MONEY YOU Son OF B***H...

Did you KNOW HUN MANET HAVE SEX WITH TEN GIRLS EACH NIGHT?

SOUNDS LIKE HE COULD DEFLOWER ALL THE VIRGINS IN CAMBODIA IN HIS LIFE TIME.... HHEHHEHEHh

PRAHA MAE BAESAIT!!!---AKA

Anonymous said...

Dear Dr. Hun Sen and Ten Thousands stars Dr. Hun Manet,

Why do you and your relatives give Kos Trol, sea and lands to Vietnam? Why? and Why?

Why do you and all of your relatives involve a lot of murder cases in Cambodia? Why? Why?

Why do you murder Cambodian K5, 1997 events and so on and so on with lost count? Why?

If you are so good why do you and your families murder Cambodians? Why? And Why?

If you are so good, why do above 90% Cambodians are so poor but you and your relatives are billionaires and millionaires? Why? Why?

Why do you try to kill people from telling the true? Why? Why?

What is the difference from Khmer Rough and you, Sir?

If you are so good why do you block KI from Cambodians?

If you are so good, why do you steal all Cambodian life such as well being, health, cut down Cambodians life expectancy as well? But you and your small group are eat well, sleep well, exercise well, have oversea doctors and best medical treatment from high class private doctors from oversea. Most Cambodians that have no money, your healthcare system left Cambodians patients to die in front of your hospital. Why? Why?

If you are so good why more than 6 millions Vietnamese are living permanently in Cambodia, right now? Why, Dr. Hen Sen? And Why

Everywhere, I walk in Cambodia I see Vietnamese speak Vietnamese every where, why? Why?

Don't you and your families scare of hell for eternity?

When you die can you bring all of your power and money with you?

Dr. Hun Sen and Dr. Big ass lady and his beloved Dr. Hun Manet Please don't put us in jail or kill us for this! We want to live like you and your families do!

Khmers victim of 1997 and K5, Khmer Girl Ms. Rattana Keo

PS

If Dr. Hun Sen and Dr. Hun Manet remove the tablet it is show they are extremely coward and his star are just joy stars given by his daddy not by patriotism. Dr. Hun Manet is very coward as his daddy they only aim to kill innocent Cambodians that all. Dr. Hun SEn and Dr. ten stars Hun Manet are very great at bullying Cambodians and killing Cambodians but cowardly toward Thai and Viet.

CPP are not just corrupted, CPP are extremely corrupt. They are even sell the country such as Kos Trol, Seas, lands, Cambodian people, Cambodian health and well being, all resources in the Cambodia…with lost count. You name it!

Seriously where is the win win policy of Dr. Hun Sen represent? The country is getting smaller and smaller and shame by Dr. Hun Sen and Dr. Hun Manet and his families, his relatives and friends.

Anonymous said...

What have happened is because of the confusing Pad Thai and their young prime minister. First they protested for him as their prime minister and now they protest to out him. Likewise, first Abhisit said the 7 Thais including the head of TPN leader and Thai law maker were in Cambodia territory according to their recorded video, now he went to war over them. What is going on with these people??? Are they confused???

Anonymous said...

they say nothing good can last forever, that is so true!