Reflections on 2012 and beyond

ECO CAFE

Published: 28 Dec 2012 at 00.00
Newspaper section: Business

Life never turns out the way we expect. This year in particular has ended up worse than I thought it would _ personally, socially and globally. Personally, I did not achieve many of the goals I set out earlier. Socially, I did not get to spend enough quality time with friends or family. Globally, the world is also ending the year on a disappointing note, with lower-than-expected growth and a painfully slow recovery.

With 2012 drawing to a close and 2013 about to begin, it is time to evaluate what has happened and what the outlook is for next year.

Admittedly, the global recovery has fallen short of expectations. Many international organisations have revised down this year's global outlook. The International Monetary Fund (IMF), for example, has lowered its world growth projection from 3.5% to 3.3%. The Asian Development Bank has also cut its 2012 growth forecast for developing Asia to 6%.

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paulren
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Discussion 1 : 28 Dec 2012 at 14.001
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One sector Dr Tientip Subhanij seems to just have forgotten about is the new Thai green energy sector like Wind/Solar and Biomass, which is clean energy for electricity. Thai's electric growth rate surpassed its long term growth rate this year -and the country's total electric usage will so likely double in less then 7-9 years. How will all this new electricity be generated? There are a number of very interesting smaller cap Thai listed companies growing very fast in this new/green industry in Thailand. Interesting investments for retail investors -even while many brokers and institutions may chose to ignore them -strictly due to size.
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Reflections on 2012 and beyond | Bangkok Post: business