Kasikorn welcomes MTP ruling | Bangkok Post: business

Business > Economics

Kasikorn welcomes MTP ruling

The court ruling ending the environmental impasse in Rayong’s Map Ta Phut industrial estate would help boost the country’s investment climate and investment could grow by about 9.3 per cent in 2011, Kasikorn Research Centre said on Friday.

The Administrative Court on Thursday approved the operating permits of 74 projects which were earlier suspended, revoking the permits of only two  projects and requiring they produce new environmental and health assessment reports.

The research centre believed the court’s ruling was a positive sign and it would  boost   investment by 8.1-8.8 per cent this year and about 7.5-9.3 per cent next year.

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

columnist
Writer: Online Reporters
Position: Online Reporters

Keep this article in your social bookmark:

Latest stories in this category:

Most Viewed

  • Gold fever hits northern river

    LAMPANG : Gold prospectors are roaming Wang Nua district of the northern province of Lampang, hoping to strike it rich as gold deposits have been discovered there. Activities are now being planned to promote the little-known district as a new tourist ...

Forum

Your comments

  • Frequent Visitor

    Discussion 2 : 03/09/2010 at 03:34 PM2

    I guess we all have forgotten on our belief of "Self Sufficiency Economy".

  • eric

    Discussion 1 : 03/09/2010 at 02:09 PM1

    Yes, do not panic with the strong BAHT, currently most ASEAN countries also see their currencies at strong level and some more BAHT appreciate should not be seen as an disadvantages to the country. There are still various alternative to coup with this situation. Be prepared !

Reply

Sign in once and access every part of the website at your convenience!

Please log in to our Bangkokpost.com community to post your comment.
You can sign in to the community by clicking here.

If you are not part of the community yet, please sign up here. By being part of this community you will get all these privileges.