Thailand sees GDP, investment boost if joins CPTPP trade pact

FILE PHOTO: Cargo ships are pictured near the port in Bangkok, Thailand, March 25, 2016. REUTERS/Athit Perawongmetha

Without that, the economy will lose 26.6 billion baht, or 0.25% of GDP, with investment down 0.49% and exports down 0.19%, she said in a statement, citing the ministry’s study on CPTPP membership. The study will be presented to the cabinet to decide whether Thailand will join the pact, Auramon said. The cabinet meets every Tuesday, but it is not clear whether this week’s session will debate the matter.

Those opposed to membership include Move Forward opposition partly leader Pita Limjaroenrat, who has said it would have a negative impact on the economy.

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ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

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Kevin Hassett: 'Without PPP, we’d expect about a million small business failures'Kevin Hassett, economist and adviser to President Trump, says that without the Paycheck Protection Program to provide loans 'we'd expect about a million small business failures' amidst the coronavirus pandemic. What does it guarantee employee gets paid by employer?🙄 Always what if....Blame blame blame but “we” made it so much better for the GOP’s big buddies. Humpty-Trumpty must fall! Soon
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