ID :
169640
Mon, 03/21/2011 - 10:13
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http://m.oananews.org//node/169640
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Thailand's economic growth anticipated to remain at 5% this year following Japan's disaster
BANGKOK, March 21 (TNA) - The Thai private sector has projected that Thailand's economic growth should remain at some 5 per cent this year despite impacts from Japan's historic disaster on March 11.
Payungsak Chartsuthiphol, Chairman of the Federation of Thai Industries (FTI), said on Monday that the projection was made at the latest meeting of Thailand's Joint Standing Committee on Commerce, Industry and Banking (JSCCIB), which comprised of the FTI, the Thai Chamber of Commerce and the Thai Bankers' Association, and took place in Bangkok.
Payungsak revealed that the JSCCIB had resolved, however, to, from now on, assess impacts from the Japanese calamity on Thailand's production, exports and imports on a regular basis, as Japan is a major international exporting country.
According to the FTI chief, parties at the latest JSCCIB meeting also discussed government plans to restructure tariffs levied on new vehicle. It was put forward that the Thai administration should consult with and pay more attention to the opinions of local automobile manufacturers, in order to ensure a smooth implementation of the new tariffs with minor impacts on their investment and technological development plans. Such local producers have called for a 3-4 year-deferment of the new auto tariffs, to stop them going through over the next 2-3 years as earlier planned.
Meanwhile, Supharat Sirisuwannangura, chief of the FTI's automobile club, acknowledged that local auto producers remain confused over details of the new auto tariff structure, particularly with regard to the amount of legally-permitted carbon dioxide emissions. (TNA)
Payungsak Chartsuthiphol, Chairman of the Federation of Thai Industries (FTI), said on Monday that the projection was made at the latest meeting of Thailand's Joint Standing Committee on Commerce, Industry and Banking (JSCCIB), which comprised of the FTI, the Thai Chamber of Commerce and the Thai Bankers' Association, and took place in Bangkok.
Payungsak revealed that the JSCCIB had resolved, however, to, from now on, assess impacts from the Japanese calamity on Thailand's production, exports and imports on a regular basis, as Japan is a major international exporting country.
According to the FTI chief, parties at the latest JSCCIB meeting also discussed government plans to restructure tariffs levied on new vehicle. It was put forward that the Thai administration should consult with and pay more attention to the opinions of local automobile manufacturers, in order to ensure a smooth implementation of the new tariffs with minor impacts on their investment and technological development plans. Such local producers have called for a 3-4 year-deferment of the new auto tariffs, to stop them going through over the next 2-3 years as earlier planned.
Meanwhile, Supharat Sirisuwannangura, chief of the FTI's automobile club, acknowledged that local auto producers remain confused over details of the new auto tariff structure, particularly with regard to the amount of legally-permitted carbon dioxide emissions. (TNA)
