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Economy
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09 Dec 06 03:10
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Gov't urged to promote savings, invest in key projects
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TNA
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PATTAYA, Dec 9 - Narongchai Akrasanee, chairman of the Export-Import Bank of Thailand, warned on Saturday that the government should encourage more savings in the country and invest only in important projects in order to avoid a repetition of the financial crisis which hit Thailand in 1997.
Speaking to a seminar organised by Thailand Development Research Institute (TDRI) in this seaside resort southeast of Bangkok, Mr Narongchai said that the 1997 financial crisis was caused by a lack of...
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