Local analysts have mixed views on whether the government’s second stimulus package will be able to meet its timetable. About 48% of the analysts surveyed by the Securities Analysts Association (SAA) expressed confidence that the “Thailand: Investing from Strength to Strength” programme would meet its 2012 timetable, with another 4% expressing strong confidence. But 43% said they were only cautiously optimistic, with 4% expressing no confidence. The SAA sampled views of 23 analysts following a briefing earlier this month on the stimulus programme by Finance Minister Korn Chatikavanij. (Bangkok Post)
Plans get vote of confidence
Tags:Economic Recovery
the authorThaiVest Editorial Team
All posts byThaiVest Editorial Team
Leave a reply
You Might Also Like
Thai Stock Market Analysis May 9, 2022: How Much Lower Will the the SET fall?
Joe MillerMay 9, 2022
Ugly Trading Session Leaves Thai Stock Market Index in Murky Waters The Thai stock market had recently done remarkably well...
Thailand Economic Recovery Dwindling
Joe MillerDecember 7, 2020
Exports Decline Across the Board Merchandise exports in Thailand based on balance on payments contracted by 5.6% year-on-year in October...
Thailand Exports Worsened in October
Joe MillerNovember 25, 2020
Hopes for a continued recovery of the economy were deflated as Thailand exports worsened in October. The value of goods...