Global crisis to pressure Thailand's exports until 2013

WEDNESDAY, AUGUST 08, 2012
Global crisis to pressure Thailand's exports until 2013

Thailand's export sector would be under pressure of declining demand at least until early 2013, according to an economist poll by Bangkok University.

 


 In the latest poll conducted during July 25-31, the confidence index in the Thai economy of the 62 economists from 27 organisations stood at 45.57, down from 47.31 from April. Much of their concerns in the export sector. Still, their 6-month expectation index stood at 55.80, indicating their belief that the economic condition would improve in the next 3-6 months, thanks to public and private investment as well as tourism income.