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	<title>Andaman Times &#187; Macro</title>
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	<description>- the Community Newspaper to the Andaman Coast of Thailand</description>
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		<title>Stronger baht = more expensive stay in Thailand</title>
		<link>http://www.andamantimes.com/business/stronger-baht-more-expensive-stay-in-thailand/</link>
		<comments>http://www.andamantimes.com/business/stronger-baht-more-expensive-stay-in-thailand/#comments</comments>
		<pubDate>Tue, 30 Nov 2010 16:53:36 +0000</pubDate>
		<dc:creator>editor</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Macro]]></category>
		<category><![CDATA[Tourism]]></category>

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		<description><![CDATA[Almost all currencies has weakened towards the Thai baht in 2010. Europeans from EU-zone who plan to spend the holidays in Thailand this high season will get 14 percent less for the Euro or Danish kroner now than they did over the last new year period. Exchange rates Currency 01-Jan-10 30-Nov-10 Change 100 Danish kroner 615.19 527.62 -14.2% 1 Euro 45.77 39.33 -14.1% 100 Norwegian kroner 550.66 486.88 -11.6% 1 British pound 51.38 47.01 -8.5% 100 Hong Kong dollar 410.86 388.77 -5.4% 1 US Dollars 31.86 30.19 -5.2% 1 Singapore dollar 23.75 22.85 -3.8% 1000 Korean won 27.04 26.05 -3.6% 100 Swedish krona 446.14 430.12 -3.6% 100 Russian Rouble 99.40 96.08 -3.3% 100 Chinese yuan 466.56 452.85 -2.9% 100 Malaysian Ringgit 981.76 954.26 -2.8% 1 Australian dollar 28.59 28.97 1.3% 100 Japanese yen 34.41 36.13 5.0%]]></description>
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		<title>Political risk reduced in Thailand</title>
		<link>http://www.andamantimes.com/business/political-risk-reduced-in-thailand/</link>
		<comments>http://www.andamantimes.com/business/political-risk-reduced-in-thailand/#comments</comments>
		<pubDate>Tue, 30 Nov 2010 16:32:46 +0000</pubDate>
		<dc:creator>editor</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Macro]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Abhisit]]></category>

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		<description><![CDATA[Judgment day was favorable for the Democrats as the Constitutional Court dismissed the Election Commission’s (EC) case against the party. The ruling is favorable for the economy and the tourism industry. A guilty verdict would have disbanded the party and banned its executives (including Prime Minister Abhisit Vejjajeva) from politics for five years. This would have brought political instability to a higher level and also created a period of economic uncertainty. &#160; - Cannot afford policy vacuum Thailand has rarely had a meaningful period of political stability during recent years, with such an unstable environment having been a major drag on economic growth. It is rather fortunate for the country that the global environment has been considerably supportive to Thai exports during the political turmoil. Note that net exports contributed about 3.4% of average economic growth in 2009. Nonetheless, the current situation is not as favorable for Thai exports as global demand has been softening noticeably while the rapid currency appreciation may make the situation even worse. The bottom line is that in order to sustain economic growth at the long-term trend level of 4.5-5% over the next few years, the economy will need to have strong momentum in domestic [...]]]></description>
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		<title>The Bulls Return to Thailand</title>
		<link>http://www.andamantimes.com/news/the-bulls-return-to-thailand/</link>
		<comments>http://www.andamantimes.com/news/the-bulls-return-to-thailand/#comments</comments>
		<pubDate>Tue, 03 Aug 2010 20:29:58 +0000</pubDate>
		<dc:creator>editor</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Macro]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[set]]></category>
		<category><![CDATA[thailand]]></category>

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		<description><![CDATA[The Thai stock market has been the best performing of the biggest Asian markets since May. The SET index has increased by more than 20 percent since its May low. “Foreigners are starting to invest in Thai equities again on strong earnings and economic growth,” Supakorn Soontornkit, chief investment officer at MFC Asset Management Pcl, which oversees $7.5 billion, said in an interview in Bangkok with Bloomberg. Khun Supakorn adds that the return of overseas investors will be the main factor driving share prices. Overseas investors bought a net 8.1 billion baht ($252 million) of Thai shares in the past six trading sessions, the largest six-day purchase in almost four months, according to data compiled by Bloomberg. Foreigners sold 58.7 billion baht of domestic stocks in May, a record monthly selloff. Thailand’s finance ministry said last week it expects the economy, Southeast Asia’s largest after Indonesia, to grow 8 percent in the second quarter, even after clashes between troops and anti-government protesters in April and May claimed 89 lives in the nation’s worst political violence in 18 years. Investors should buy the “under-owned” stock markets after India led foreign investment into Asian emerging markets, according to Credit Suisse Group AG [...]]]></description>
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		<title>Thai export continues to suffer</title>
		<link>http://www.andamantimes.com/business/macro/thai-export-continues-to-suffer/</link>
		<comments>http://www.andamantimes.com/business/macro/thai-export-continues-to-suffer/#comments</comments>
		<pubDate>Tue, 30 Jun 2009 13:30:13 +0000</pubDate>
		<dc:creator>editor</dc:creator>
				<category><![CDATA[Macro]]></category>
		<category><![CDATA[Tourism]]></category>
		<category><![CDATA[economy]]></category>

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		<description><![CDATA[The Thai economy continues to suffer due to a large drop in export. The head of the Tourism Council of Thailand does not see any positive factors for the touristm sector.]]></description>
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		<title>Thai economy in recession &#8211; political stability key for swift recovery</title>
		<link>http://www.andamantimes.com/business/macro/thai-economy-in-recession-political-stability-key-for-swift-recovery/</link>
		<comments>http://www.andamantimes.com/business/macro/thai-economy-in-recession-political-stability-key-for-swift-recovery/#comments</comments>
		<pubDate>Mon, 25 May 2009 17:51:00 +0000</pubDate>
		<dc:creator>editor</dc:creator>
				<category><![CDATA[Macro]]></category>

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		<description><![CDATA[The Thai economny contracted more than expected in the first quarter. Political stability is the key to create growth later in the year.]]></description>
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		<title>Consumer confidence lowest in seven years in Thailand</title>
		<link>http://www.andamantimes.com/business/macro/consumer-confidence-lowest-in-seven-years-in-thailand/</link>
		<comments>http://www.andamantimes.com/business/macro/consumer-confidence-lowest-in-seven-years-in-thailand/#comments</comments>
		<pubDate>Wed, 13 May 2009 20:05:00 +0000</pubDate>
		<dc:creator>editor</dc:creator>
				<category><![CDATA[Macro]]></category>

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		<description><![CDATA[Thai consumers are turning more negative - the consumer confidence index is at its lowest in seven years.]]></description>
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		<title>Business sentiment improving</title>
		<link>http://www.andamantimes.com/business/business-sentiment-improving/</link>
		<comments>http://www.andamantimes.com/business/business-sentiment-improving/#comments</comments>
		<pubDate>Thu, 07 May 2009 17:25:33 +0000</pubDate>
		<dc:creator>editor</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Macro]]></category>
		<category><![CDATA[crisis]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[financial crisis]]></category>
		<category><![CDATA[gdp]]></category>
		<category><![CDATA[thailand]]></category>

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		<description><![CDATA[Is Thailand turning the corner? The business sentiment seems to be improving. The Finance Minister belive the economy has bottomed out and will show an improvement in the 2nd quarter.]]></description>
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