Major Economic Issues For Thailand

Local Hua Hin and regional Thailand news articles and discussion.
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caller
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Re: Major Economic Issues For Thailand

Post by caller »

Thailands car industry is really streuggling at the moment.

The following Khaosod English report highlights the issues for current production in Thailand, as well as EV imports from China not selling - and where to store them.

This quote sums it up nicely:

"Don’t be alarmed by the current situation. We have to wait and see what happens in the second half of the year. Right now, it’s only a 25% reduction. However, if this continues, it could be dangerous...."

https://www.khaosodenglish.com/featured ... hai-ports/
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hhinner
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Re: Major Economic Issues For Thailand

Post by hhinner »

caller wrote:Thailands car industry is really streuggling at the moment.

The following Khaosod English report highlights the issues for current production in Thailand, as well as EV imports from China not selling - and where to store them.

This quote sums it up nicely:

"Don’t be alarmed by the current situation. We have to wait and see what happens in the second half of the year. Right now, it’s only a 25% reduction. However, if this continues, it could be dangerous...."

https://www.khaosodenglish.com/featured ... hai-ports/
It'll be OK. Sretta's (or is it Thaksin's?) digital wallet will fix the economy.
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buksida
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Re: Major Economic Issues For Thailand

Post by buksida »

Thai economy not good, with growth worsening: Finance Minister Pichai
Thailand's economy has not been good for a long time, with growth deteriorating as it faces structural problems, Finance Minister Pichai Chunhavajira said on Wednesday.

The government was working to lift economic growth to 3% this year from current projections of about 2.5%, Mr Pichai told a business seminar, adding growth was low compared with rates of close to 6% in the past.

Southeast Asia's second-largest economy expanded 1.9% last year, lagging regional peers, as it faced weak exports and high household debt and borrowing costs. Average economic growth was 1.73% over the past decade.

https://www.bangkokpost.com/business/ge ... -worsening
Who is the happier man, he who has braved the storm of life and lived or he who has stayed securely on shore and merely existed? - Hunter S Thompson
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