Post by account_disabled on Jan 3, 2024 4:20:16 GMT
"Bank of Isan" reveals that the Isan economy in the second quarter of 2019 is still expanding. The factors "private consumption, border trade, industrial production" all expanded. It is expected that the Isaan economy in the second half of the year will continue to expand. Concerned about the global trade slowdown and the drought situation that may weigh on the economy. On August 4, 2019, Mr. Prasat Somjitnuek, Senior Director Bank of Thailand The Northeastern Regional Office (BoT) revealed that the economic situation in the Northeast in the second quarter of 2019 continued to expand at a slower rate than the previous quarter. The main factor supporting the economy is private consumption that continues to expand.As for the economic situation in the Northeast during the last 6 months of 2019, there are supporting factors from the clarity of politics. There is a government coming in to run the country.
Especially spending on everyday products that has received a Country Email List boost from additional economic stimulus measures through the government welfare card project. Including non-agricultural income expanding, however, government spending shrank. According to regular expenses is important Agricultural product output shrank. From the production of second rice and sugar cane at the factory As for private investment, it slowed down. Both investment in machinery and equipment and investment in construction Mr. Prasat spoke about the value of trade through customs. or border trade, it was found to expand mainly in line with exports. by exporting to southern China Expanding in the fruit category Following consumer demand and increased production volumes, exports to Lao PDR expanded in the beverage category. and live livestock to be sent to neighboring countries, and exports to Cambodia expanded well in the beverage category.
According to consumption demand in Cambodia while imports shrank According to imports from Vietnam in the mobile phone/device category from competition in price and technology of competitors and partly from the high base of the previous year. with the launch of many new models and imports from southern China slowed down from mobile phones/devices. After accelerating a lot last quarter with the launch of several new models. Economic stability General inflation rates increased. According to the price of fresh food This is because the produce was damaged by weather conditions that were hotter than usual. The unemployment rate remained stable from the previous quarter. For the financial sector in May 2019, outstanding deposits slowed from the previous month. Both commercial banks and specialized financial institutions Meanwhile, outstanding loans expanded similar to the previous month.
Especially spending on everyday products that has received a Country Email List boost from additional economic stimulus measures through the government welfare card project. Including non-agricultural income expanding, however, government spending shrank. According to regular expenses is important Agricultural product output shrank. From the production of second rice and sugar cane at the factory As for private investment, it slowed down. Both investment in machinery and equipment and investment in construction Mr. Prasat spoke about the value of trade through customs. or border trade, it was found to expand mainly in line with exports. by exporting to southern China Expanding in the fruit category Following consumer demand and increased production volumes, exports to Lao PDR expanded in the beverage category. and live livestock to be sent to neighboring countries, and exports to Cambodia expanded well in the beverage category.
According to consumption demand in Cambodia while imports shrank According to imports from Vietnam in the mobile phone/device category from competition in price and technology of competitors and partly from the high base of the previous year. with the launch of many new models and imports from southern China slowed down from mobile phones/devices. After accelerating a lot last quarter with the launch of several new models. Economic stability General inflation rates increased. According to the price of fresh food This is because the produce was damaged by weather conditions that were hotter than usual. The unemployment rate remained stable from the previous quarter. For the financial sector in May 2019, outstanding deposits slowed from the previous month. Both commercial banks and specialized financial institutions Meanwhile, outstanding loans expanded similar to the previous month.