PM predicts "V" shape growth

Published: 1/02/2012 at 12:46 PM
Online news:

The Thai economy in 2012 is expected to recover in a "V" shape and gross domestic product growth should reach five per cent year-on-year, Prime Minister Yingluck Shinawatra said Wednesday.

"The government has set the economic growth target for this year at five per cent and believes that all economic sectors will be revived within the second quarter following the great flood last year," Ms Yingluck said.She said the government had to issue an executive decree to...

This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.

About the author

: Writer: Online Reporters; Position: Online Reporters

Keep this article in your social bookmark:

Your comments

howell
Post : 1,129
Send message

Discussion 9 : 04/02/2012 at 12:20 AM9
Post this to my Facebook
'PM predicts "V" shape growth'.

Is she talking about a new fashion in handbags ?
Like dislike 0 people liked / 0 people disliked this comment
nosurprise
Post : 190
Send message

Discussion 8 : 02/02/2012 at 09:01 AM8
Post this to my Facebook
v shaped? More likely to be pear shaped when we get flooded again!
Like dislike 0 people liked / 0 people disliked this comment
geoffo
Post : 1,874
Send message

Discussion 7 : 02/02/2012 at 06:02 AM7
Post this to my Facebook
The forecast was based on. from minus 1.1% in Q4 2011 to 5.5 % growth in Q1 2012-what a turnaround in 4 months.
Like dislike 0 people liked / 0 people disliked this comment
fundeena
Post : 803
Send message

Discussion 6 : 01/02/2012 at 08:23 PM6
Post this to my Facebook
Except cannot predict how long or deep the downturn will be before the upturn.
Like dislike 0 people liked / 0 people disliked this comment
aussie
Post : 262
Send message

Discussion 5 : 01/02/2012 at 07:58 PM5
Post this to my Facebook
PM predicts "V" shape growth

Because Her Brother Told Her So !
Like dislike 0 people liked / 0 people disliked this comment
yik
Post : 304
Send message

Discussion 4 : 01/02/2012 at 04:31 PM4
Post this to my Facebook
after the floods, it is all great! May I suggest, to have a look at the economic 'world out there'?
Like dislike 0 people liked / 0 people disliked this comment
victor Careford

Discussion 3 : 01/02/2012 at 04:29 PM3
5%growth? Think it will be more as we're all at a standstill at the moment! And to think, it will be March before we see replenished canned drinks in the shops!
from iPhone application.
Like dislike 0 people liked / 0 people disliked this comment
Victor
Post : 694
Send message

Discussion 2 : 01/02/2012 at 03:57 PM2
Post this to my Facebook
Hopefully it will not turn into double or multiple Vs.
Like dislike 0 people liked / 0 people disliked this comment
khunbj
Post : 403
Send message

Discussion 1 : 01/02/2012 at 12:48 PM1
Post this to my Facebook
I think it is correct with the V shape recovery, but since the industrial output was affected badly for such a long time by flooding then I would expect the growth rate to be higher than 5 % year on year, but it is of course always better to come with a positive later in the year ...;-)
Like dislike 0 people liked / 0 people disliked this comment

PM predicts "V" shape growth | Bangkok Post: breakingnews