Thailand's booming vehicle exports will slow in 2009 due to the current global economic crisis, predicts a new report by Kasikorn Research Center Co. Ltd. Kasikorn Bank plc's research arm forecasts exports of Thai-made cars next year will grow about 8% in volume and 9.9% in value, down from this year's projected growth of 14% in volume and 17% in value. “As a result, (Thailand's) ambitious goal of increasing auto production to 2 million units per year by 2011 per Phase II of the 'Master ...
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