Thailand asks Singapore to cooperate to curb crisis
Thailand asks Singapore to cooperate to curb crisis, says Deputy PM
BANGKOK, Oct 17 (TNA) – Deputy Prime Minister Olarn Chaiprawat on Thursday met with Singapore's ambassador to Thailand and discussed ways in which the two countries could work together to reduce the impact of the current international financial crisis.
Speaking after meeting Singapore Ambassador to Thailand Peter Chan Cher Hing, Mr. Olarn said that he expressed keen interest in the Singapore Stock Exchange and wanted to see bilateral cooperation of the two countries for the sake of the transfer and exchange of knowledge needed for development of the capital market.
Deputy Prime Minister Olarn told the Singapore envoy of the Thai government's six new measures to protect Thailand from the impact of the global financial crisis.
Included are the further development of Thailand's capital market, expansion of opportunities for domestic and regional investors to buy stocks at much discounted prices with high returns, export and tourism promotion, strengthening the domestic economy through loan growth and speeding investment in metropolitan Bangkok's mega-projects.
In response to Thailand's proffered confidence, the Singapore minister offered the view that Thailand must more effectively boost confidence among investors in the country's tangled political and economic situation. (TNA)
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In response to Thailand's proffered confidence, the Singapore minister offered the view that Thailand must more effectively boost confidence among investors in the country's tangled political and economic situation.
ouch ...............:rolleyes:
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