http://teakdoor.com en Sun, 22 Nov 2009 19:43:51 GMT vBulletin 60 http://teakdoor.com/images/td_default/misc/rss.jpg http://teakdoor.com http://teakdoor.com/business-finance-and-economics-in-thailand/60454-thai-exports-fall-3-per-cent.html Fri, 20 Nov 2009 08:12:59 GMT Thai exports fall 3 per cent in October, lowest this year
Nov 20, 2009

Bangkok - Thailand's exports hit 14.8 billion dollars in October, a decline of 3 per cent year-on-year, marking the lowest fall in 2009, the commerce ministry said Friday.

Imports reached 13.1 billion dollars, down 17.5 per cent year-on-year. Thailand recorded a trade surplus of 1.7 billion dollars, Thai Commerce Minister Porntiva Nakasai said.

'The main export items that saw a rise in October were rice, up 2.6 per cent, tapioca, up 81.3 per cent, frozen and processed shrimp, up 15.3 per cent, electrical appliances, up 5.7 per cent and gold, up 63.7 per cent,' she said.

Like most Asian economies, Thailand's exports have been hard hit by the financial crisis and resulting recession in the US and Europe, resulting in falling demand for imports.

The commerce ministry said exports were now reviving as demand slowly returned to Thailand's main markets where companies were restocking supplies for the Christmas and New Year season.

During the first 10 months of 2009, Thailand's total exports reached 124.1 billion dollars, down 19.6 per cent year-on-year, while imports were down 31.2 per cent at 106.6 billion dollars, leaving a surplus of 17.5 billion dollars.

monstersandcritics.com ]]> Mid http://teakdoor.com/business-finance-and-economics-in-thailand/60454-thai-exports-fall-3-per-cent.html http://teakdoor.com/business-finance-and-economics-in-thailand/59537-thai-inflation-rises-first-time-2009-a.html Mon, 02 Nov 2009 07:33:59 GMT *Thai inflation rises for first...]]> Thai inflation rises for first time in 2009: govt
14 mins ago

Inflation was up 0.4 percent year-on-year compared with a 1.0 percent fall in September, owing to rises in prices in the food and beverage sector, said the ministry's permanent secretary Yanyong Phuangrach.

"It was the first rise following nine months of contraction," he said.

In the first ten months of 2009 overall, the ministry said Thai inflation dropped 1.5 percent, mainly from a fall in oil prices.

But consumer prices in the fourth quarter of the year are expected to rise 1.5 percent, lifting the total inflation for 2009 to between minus 1.0 percent and 1.0 percent.

The ministry projects inflation in 2010 to rise between 3.0 and 3.5 percent.

The core consumer price index, which excludes volatile energy and food costs, slipped by 0.1 percent in October from a year earlier.

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