Gloomy outlook for 2013 exports | Bangkok Post: business

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Gloomy outlook for 2013 exports

Double-digit growth a tall order, says minister

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Commerce Minister Boonsong Teriyapirom Thursday acknowledged Thai exports may grow only by single digits next year as global economic prospects remain fragile and Europe's debt crisis lingers. 

"We try to make the target the most realistic at the time, taking into account the world's economic prospects and the euro-zone debt crisis," said Mr Boonsong, who met with 64 Thai overseas trade counsellors and 30 honorary foreign trade advisers to discuss export targets and promotions for 2013.

Exports are one of the more contentious issues facing the Yingluck Shinawatra government along with the capital-intensive rice pledging scheme.

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