ID :
209738
Tue, 09/27/2011 - 14:31
Auther :
Shortlink :
http://m.oananews.org//node/209738
The shortlink copeid
Thai government urged to implement concrete economic measures
BANGKOK, September 27 (TNA) - The new Thai government has been urged to implement concrete measures to deal with economic woes in the country, including those related to a heavy plunge in Thai share prices over the past couple of days.
Thailand's main opposition leader Abhisit Vejjajiva made the call on Tuesday, saying that the concrete measures will also help the government cope with impacts from the currently-vulnerable world economy caused by the debt crisis in Europe and the United States.
Abhisit, who is also the Democrat Party's leader, suggested that the new Pheu Thai administration closely monitor the updated situation and review policies which will probably affect the national fiscal and financial systems, including the so-called populist policies, and that the government's policies be flexible with limited side-effects, amid the changing global situation.
The former Democrat premier pointed out that the vulnerable Thai bourse over the past couple of days, in line with regional stock markets, reflected investors' unstable sentiments and a need to restore and to boost their confidence in the Thai economy.
Meanwhile, the Stock Exchange of Thailand or SET index soared 42.56 points or 4.71 per cent to close at 946.62 points on Tuesday, following its continual drops since late last week. (TNA)
Thailand's main opposition leader Abhisit Vejjajiva made the call on Tuesday, saying that the concrete measures will also help the government cope with impacts from the currently-vulnerable world economy caused by the debt crisis in Europe and the United States.
Abhisit, who is also the Democrat Party's leader, suggested that the new Pheu Thai administration closely monitor the updated situation and review policies which will probably affect the national fiscal and financial systems, including the so-called populist policies, and that the government's policies be flexible with limited side-effects, amid the changing global situation.
The former Democrat premier pointed out that the vulnerable Thai bourse over the past couple of days, in line with regional stock markets, reflected investors' unstable sentiments and a need to restore and to boost their confidence in the Thai economy.
Meanwhile, the Stock Exchange of Thailand or SET index soared 42.56 points or 4.71 per cent to close at 946.62 points on Tuesday, following its continual drops since late last week. (TNA)
