PM sees year of confidence creation

Published: 9 Feb 2013 at 10.30
Online news:

Prime Minister Yingluck Shinawatra said on Saturday that she wants 2013 to be a year of creating confidence in Thailand.

Speaking on the "Yingluck Government Meets the People" weekly programme on NBT, Ms Yingluck said overall economic indicators showed that the economy was growing at a healthy rate.

Domestic consumption and purchasing power were increasing, and more spending had helped spur economic growth, she added.

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CMfarang
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Discussion 20 : 11 Feb 2013 at 14.3920
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What 'incentives' did the government agree to for the Honda investment?
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jwatch
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Discussion 19 : 10 Feb 2013 at 23.0819
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Lol ...I didn't know we were living in a Utopia..this is great!
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whatajoke
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Discussion 18 : 10 Feb 2013 at 18.1418
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Sounds good, a pep talk? Why is that? Because so many of us lack confidence, and Why? Could it be the looming political crisis when Taksin comes home, pushing ahead with a controversial amnesty bill, insisting on re-writing a charter which the majority feel isn't an urgent matter. Huge losses and debt incurred when the rice price gamble doesn't work out? Increasing concern over a mini financial crash when all the speculators pull their money out of baht. UDD get tetchy about their demands. It's a powder keg. I feel sorry for this women, sweet as she might be, she's naive, and isn't even in control.
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spiceman
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Discussion 17 : 10 Feb 2013 at 05.5817
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I think it is rather a continuation of "confidence destruction" as a result of the on-going total economic illiteracy on the part of PM YS and her PTP Govt. Let ask many business owners who were forced to close their businesses and thousands of unemployed workers who were let go as a result of the recent wage hike, how confident are they in 2013?
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wsma
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Discussion 16 : 09 Feb 2013 at 21.1316
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be good friends to your neighbor, especially your cambodia friends, if you don't like government is ok but the general Cambodia people they're nice people and poor stop killing them or give them hard time those are poor people they have nothing to do with politics.
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android
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Discussion 15 : 09 Feb 2013 at 19.4015
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Winners have confidence while losers are disappointed.
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dickemery
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Discussion 14 : 09 Feb 2013 at 16.1914
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l find it very differcult to accept the pm yingluck messages,only recently they and her pt party promoted ,stop corruption ,yet she employs persons around her ,who indeed have criminal conviction,and are allowed to continue in high public servants position,including her own personal secreatary,perhaps its just the hot weather ?
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bluebottle
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Discussion 13 : 09 Feb 2013 at 16.1413
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It looks like the short term gain is already on its way out.Still I suspect this was skyped 3 or 4 days ago.
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boons
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Discussion 12 : 09 Feb 2013 at 16.0312
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"Confidence creation" sounds like a good thing. It is in fact, a very dangerous thing in many cases.

The peoples of Spain, Ireland and Greece had a tremendous amount of "confidence" in their economies in 2007. And then what happened?

The question is: How is confidence being achieved? Are exports soaring? No? Then confidence should be low. After all, Thailand is an 80% export economy. Global consumption is collapsing. This is hardly an environment that Thailand should be feeling "confident" about. But the dangerous mix of credit expansion and a high baht are making people "feel" rich.

Mathematically, this cannot l
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yik
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Discussion 11 : 09 Feb 2013 at 13.5911
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"year of confidence craetion" sounds great! But how? Any hints?
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