For the past several years the euro has been appreciating steadily against the US dollar. Given the Chinese yuan and other East Asian currencies are pegged to the dollar, that means the euro has been appreciating steadily against all.
Using a comprehensive survey of 1,043 firms taken during April-November 2007, the new report, Thailand Investment Climate Assessment Update 2008, showed that more than two-thirds of the firms rated the uncertain economic and political environment as major or severe obstacles to doing business in Thailand that year.
Economist lauds US and China for proactive measures but says Thailand must address its own problems
This Wednesday, the Cabinet will be hard-pressed to decide if Bangkok should have one or two airports.
It was a good start, with the lesser objectives met. The crowds were big enough and the march from Sanam Luang to Government House was without incident. Donations were pouring in although the amounts were still nowhere near those transferred earlier to the bank account of its “yellow” rival.