Business Services Industry
Thai Private Investment to Increase, Says Chairman of Bangkok Bank.
Knight Ridder/Tribune Business News, April, 2004
By Darana Chudasri, Bangkok Post, Thailand Knight Ridder/Tribune Business News
Apr. 20--Private investment is expected to pick up this year so long as capacity utilisation rates remain at 75 percent to 80 percent over the next four to five months, according to Kosit Panpiemras, executive chairman of Bangkok Bank.
Capacity utilisation rose as high as 75 percent in February, a sign of the clear improvement in the economy, he said.
"It's a key point. But whether utilisation will stay at this level or not remains uncertain," Mr Kosit said.
Economic policymakers have long forecast a pickup in private investment as factories look to boost capacity to meet higher sales and demand.
While exports and domestic demand have since...
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