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Regional confidence in economy seen rising


Citizens’ confidence is strengthening in the Thai economy’s six-month outlook, according to a Regional Confidence Index compiled with data from 76 provincial treasury offices.

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The Thai Chamber of Commerce and Federation of Thai Industries announced the conclusion on Thursday (November 28).


Wuttipong Jittungsakul, director of the Savings and Investment Policy Bureau, and Pisit Puapan, director of the Macroeconomic Policy Bureau under the Fiscal Policy Office, said the Confidence Index in the West and Northeast increased to 65.6 points, which they attributed to enhancements in the agriculture and services sectors.


The North hit 63.8 based on support for the industrial sector via the government’s economic stimulus measures for SME entrepreneurs, they said, while the East rose to 60.8.


The South was at 59.5 points while the Central region rose to 56.1, with Bangkok separately registering 50 points, both thanks to the enhancement of employment.
 

Published : November 28, 2019

By : The Nation