{"id":4637,"date":"2014-09-02T10:48:24","date_gmt":"2014-09-02T14:48:24","guid":{"rendered":"http:\/\/www.commercethaiusa.org\/oca\/?p=4637"},"modified":"2014-09-02T10:48:24","modified_gmt":"2014-09-02T14:48:24","slug":"thai-e-newsletter-for-august-2014","status":"publish","type":"post","link":"https:\/\/www.commercethaiusa.org\/oca\/thai-e-newsletter-for-august-2014\/","title":{"rendered":"Thai E-Newsletter for August, 2014"},"content":{"rendered":"<p>\t\t\t\t<strong>Bank of Thailand Upbeat on Growth<\/strong><\/p>\n<p>The central bank is now more optimistic about economic growth this year, believing it has high potential to reach 2%, up from earlier projections of 1.5%.<\/p>\n<p>Bank of Thailand governor Prasarn Trairatvorakul told the Thailand Focus 2014 forum 2% growth was achievable if the economy grew by 3-4% in the second half. Previous projections assumed slow public spending and poor sentiment for domestic spending and exports.<\/p>\n<p>But the Thai economy has proven it can resume its full growth potential, he said, reiterating the NCPO had not pressured the central bank to increase economic growth. Thailand&#8217;s economy has the potential to grow by 4% to 4.5% annually, but political instability and natural disasters occasionally stifle growth, said Mr Prasarn.<\/p>\n<p>&#8220;Stimulus measures should facilitate productivity without too much of a burden, comprising infrastructure development, accelerating fiscal expenditures and stimulating private investments,&#8221; he said.<\/p>\n<p>Thailand&#8217;s macroeconomic fundamentals remain sound, said Mr Prasarn, citing low inflation, minimal unemployment, a strong commercial banking sector, a manageable public debt ratio and relatively high foreign reserves.<\/p>\n<p>Originally Published in Bangkok Post, August 28, 2014<br \/>\n<a href=\"http:\/\/www.bangkokpost.com\/business\/finance\/429097\/bot-upbeat-on-growth\" title=\"Bangkok Post 'Bank of Thailand Upbeat on Growth'\" target=\"_blank\" rel=\"noopener noreferrer\">http:\/\/www.bangkokpost.com\/business\/finance\/429097\/bot-upbeat-on-growth<\/a><\/p>\n<p>[dcs_link icon=&#8221;download&#8221;<br \/>\nurl=&#8221;http:\/\/www.commercethaiusa.org\/oca\/wp-content\/uploads\/ENewsletters\/OCANewsletterAug14.pdf&#8221;]Please download the full newsletter here[\/dcs_link].<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bank of Thailand Upbeat on Growth The central bank is now more optimistic about economic growth this year, believing it has high potential to reach 2%, up from earlier projections of 1.5%. Bank of Thailand governor Prasarn Trairatvorakul told the Thailand Focus 2014 forum 2% growth was achievable if the economy grew by 3-4% in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0},"categories":[4,23,14],"tags":[43],"acf":[],"_links":{"self":[{"href":"https:\/\/www.commercethaiusa.org\/oca\/wp-json\/wp\/v2\/posts\/4637"}],"collection":[{"href":"https:\/\/www.commercethaiusa.org\/oca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercethaiusa.org\/oca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercethaiusa.org\/oca\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercethaiusa.org\/oca\/wp-json\/wp\/v2\/comments?post=4637"}],"version-history":[{"count":0,"href":"https:\/\/www.commercethaiusa.org\/oca\/wp-json\/wp\/v2\/posts\/4637\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.commercethaiusa.org\/oca\/wp-json\/wp\/v2\/media?parent=4637"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercethaiusa.org\/oca\/wp-json\/wp\/v2\/categories?post=4637"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercethaiusa.org\/oca\/wp-json\/wp\/v2\/tags?post=4637"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}