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Posts Tagged ‘crisis

European car sales ‘in 20-year slump’

Posted by: ronakorn on: February 23, 2009

European new cars sales slumped in January to the lowest level for twenty years, trade data showed on Friday.
Sales fell by 27 percent in January from the figure in January last year, the European Automobile Manufacturers Association (ACEA) said.
New registrations totalled 958,517 cars, the lowest level for two decades, ACEA said.

Rice exports down 38 pct in January: industry

Posted by: ronakorn on: February 22, 2009

Thai rice exports fell 38 percent in January after a booming year, an industry group said Wednesday, as the world’s top seller of the grain suffered from the global financial crisis.
Slow demand and high rice prices — which reached a record of nearly 1,000 dollars per tonne last year — also hurt the industry, [...]

Gold price may reach 15,450 baht

Posted by: ronakorn on: February 15, 2009

Mr. Jitti Tangsithpakdi, president of the Gold Traders Association of Thailand, said that gold price tended to rise more and might reach 15,450 baht within a month.
Increasing gold prices are because the US financial crisis has not been solved yet. As a result, people have bought gold to reduce risk.
The gold situation is normal [...]

Most Thais cut costs to cope with economic crisis

Posted by: ronakorn on: February 11, 2009

Up to 76.4 percent turned to cost reduction to deal with the current economic crisis, and 81.5 percent of households in the north relied on this method the most.
About 26,000 households nationwide were surveyed by the National Statistical Office.
70 percent thought Thailand’s economy became worse than last year. Only 5.9 percent said the economic [...]


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