Eurozone crisis costing Thai exporters dearly | Bangkok Post: news

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Eurozone crisis costing Thai exporters dearly

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Thailand's export sector could lose between 300 billion and 500 billion baht as a result of the eurozone debt crisis, according to the Economic and Business Forecasting Centre at the University of Thai Chamber of Commerce. 

Thanawat Ponwichai, the director of the centre, said on Thursday that the business sector is getting more worried about the continuing financial problems in Europe.

Vichai Assarasakorn, secretary general of the Thai Chamber of Commerce (TCC) and the Board of Trade of Thailand, said the TCC was concerned that the crisis would spread further and affect the Thai economy.

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