ASIA PRESS: Thai Commerce Ministry officials will soon meet with Prime
Minister Abhisit Vejjajiva and Finance Minister Korn Chatikavanij to
discuss ways to minimise the effect of the strengthening baht on export
competitiveness, The Nation newspaper reported. The ministry yesterday
reported that Thai exports rose by 23.15% year-on-year last month to
$14.4 billion. Imports soared 71.2% to $13.96 billion, resulting in a
February trade surplus of $440 million. Despite the good trade figures,
Commerce Minister Porntiva Nakasai has expressed concern over the
strengthening of the baht, as it could negatively affect the country’s
exports in the coming months, the report said.