Thursday, October 14, 2010

Theory of Lion’s Roaring and A Resolution on Baht Appreciation

The current value of the Thai baht has appreciated steadily. Baht appreciation to many people, especially exporters concern that if the government and the Bank of Thailand (BOT) do not yet manage the problem promptly, baht currency will be appreciated to 29 baht per U.S. dollar and may cause crisis in the Thai industry.

Thursday, October 7, 2010

Diplomacy on the Energy Issue

Thailand has been facing continuous risks due to the energy issue. Sharp rises in world market oil price have particular impacted the country due to the increase in energy demand as the world economy recovers. Moreover, Thailand is also sensitive to the problem of future energy insecurity, having such problems as an energy consumption structure that mostly relies on imported energy from foreign countries, especially the import of crude oil which is about 95 percent of oil consumption in the country. Inefficient energy usage in the transportation sector and the manufacturing sector, plus energy business monopolies causes distortion in the use and allocation of energy. Challenges also arise from severe environmental problems related to investment and the expansion of the energy business.
Related Posts Plugin for WordPress, Blogger...