July 25, 2008
Bangkok - Political situation seems to be a risk factor for Thai economy and affect investors’ confidence, according to Deputy Prime Minister and Industry Minister Suwit Khunkitti.
Thailand’s economy is influenced by its internal politics. Thai society is clearly divided into two groups.
External factors which affect Thailand are world’s sluggish economy and the United States subprime crisis.
Soaring energy prices result in increasing inflation and consumer product prices.
Suwit said the government was still confident it would be able to solve the problems.
The government planned to raise revenue in the agricultural sector by taking care of the crops.
Industry ministry believed the investment funds would be not less than 600 billion baht as targeted.
