Thailand’s economic prospects continued to get brighter as the first quarter of 2010 came to a close and the data revealed healthy growth in production and improved consumer confidence. In a statement released by the … Thailand Business News
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Thailand’s economic prospects for 2010
Thailand’s open and tightly integrated into global trade economy experienced a V-shape contraction and recovery from late 2008 through late 2009
Policies that could contribute to reducing Thailand’s dependence on foreign demand include a phased liberalization of the services sector, boosting transport infrastructure, a reform of educational curricula and improved access and quality of higher education to boost skills of the labor force, better integration of universities, firms and government, and improved social safety nets
Thailand’s equity market bounced back strongly from the global crisis in 2009, with a total shareholder return (TSR) of 91% for the year 2009 against a 36% decline the year before. Ultra-lax monetary policies and massive public spending across the globe helped spur a quick turnaround from the worst global downturn since the Great Depression.
‘‘Institutional investors want to have the ability to get in or out of a stock without significantly influencing the share price.
