Saturday, August 14, 2010

20% new export target too high

I choose this news because this news relates with economic Thailand. After violent situation in Thailand, Everything, people, politics and business, is bad especially economic system. Because violent situation makes abroad businessmen are unconfident to invest in Thailand. This policy affect to many export companies and import companies. My family's business is a import company, so it affect to me too.

The Ministry of Commerce's revision of its export growth target for this year to 20 percent. It estimate US189 billion, it is too high. Pornsilp Patcharintanakul, deputy secretary general of the Thai Chamber of Commerce say, many economic indicators show that economic world slowly grow up, and unployment rate is still as high as 11 percent. So 20 percent is too high nowadays. But he expect exports would grow 16 persent, it is good enough.

In my opinion, I think it is so fast for setting up high expectancy because the Thailand government can not manage problems or trouble inside country. Eventhough the government can manage every problems but spiritual population does not be managed too, especially abroad investors who are finance for Thailand economy.

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