12/26/2012

Thailand's exports surged 26.9% in November from a year earlier, up sharply from October's year-on-year gain of 15.6%, according to the Ministry of Commerce. Looking ahead, "signs of improvement in the global economy lately will ensure export growth next year. We expect the central bank to stand pat from now unless the global economy takes an unexpected dive," said Pimonwan Mahujchariyawong, an economist at Kasikorn Research in Bangkok.

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