Thailand Focus Week of March 30, 2015

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Royal Thai Embassy, Washington, D.C.
Week of March 30, 2015 

Executive Summary

  • Prime Minister vows to catch high-level human traffickers.
  • Charter debates heat up; drafter says elections certain in 2016.
  • Government wants more private sector infrastructure funding.
  • National data center planned for digital economy.
  • Police arrest ivory and drug smugglers.

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Prime Minister vows to catch high-level human traffickers

Prime Minister Prayut Chan-o-cha has ordered his government to enhance coordination between police, prosecutors and the courts in the fight against human trafficking so that trafficking syndicate leaders can be brought to justice and a more systematic and effective approach to the problem can be employed.  Read more

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Charter debates heat up; drafter says elections certain in 2016

Sharp disagreements emerged last week between members of the National Reform Council and the Constitution Drafting Committee about several elements in the charter being drafted by the Committee.  The head of the charter Committee said, meanwhile, that elections would surely take place in 2016. Read more

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Government wants more private sector infrastructure funding

The government wants more public-private partnerships in funding its eight-year infrastructure upgrade that will require over US$60 billion in national investment, the Minister of Finance said last week, adding that non-state sources should make up approximately half the funds devoted to the various projects.  Read more

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National data center planned for digital economy

The government plans to enlist the private sector to help it fund and build a US$1.23 billion national data center to support the development of the digital economy, as a deputy prime minister vowed last week that every community would have high-speed Internet access by the end of 2016.  Read more

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Police arrest ivory and drug smugglers

Thai police arrested a Malaysian and Thai man last week who they said were behind a major smuggling operation for African ivory to Asia, while separately police in Bangkok and Chonburi nabbed one Russian and three Iranians they claim were part of a drug smuggling syndicate specializing in crystal methamphetamines.  Read more

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In this issue

Thailand at a Glance

4th Quarter 2014 Key Indicators
GDP: 0.7%
Export: $56.8 billion
Import: $49.1 billion
Export growth rate: – 1.5%
Import growth rate: – 5.7%
Current account balance: Surplus by 9.815 billion USD
Trade surplus: $7.7 billion
Unemployment: 0.6%
Headline inflation: -0.52%
Official foreign reserves: $157.11 billion USD
2014
GDP: $373.6 billion
GDP per capita: $5,445
GDP growth: 1.5-2.0%

2013
GDP: $385 billion
GDP per capita: $5,647
GDP growth: 2.9%

2012
GDP: $366 billion
GDP per capita: $5,390
GDP growth: 6.5%

2011
GDP: $345.6 billion
GDP per capita: $5,113
GDP growth: 0.1%

Archives

March 24,2015
March 16,2015
March 9,2015
March 2,2015

February 23,2015
February 17,2015
February 9,2015
February 2,2015

January 26,2015
January 20,2015
January 12,2015
January 5,2015

Thailand Focus 2014
Thailand Focus 2013
Thailand Focus 2012
Thailand Focus 2011

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