Export fall in July due to oil refiner temporary closure

This has made exports of refined oils to Singapore dropped in July by 60 per cent. This is expected to be temporary factor.

The commerce Ministry earlier announced export growth in July 5.9 per cent, the lowest in 29 months.

Tarisa said the export slowdown in July would not affect GDP growth forecast at 4-5 per cent for this year.

Meanwhile, Deputy Prime Minister Kosit Panpiemras, Finance Minister Chalongphob Sussangkarn, and Bank of Thailand governor Tarisa Watanagase will today at 2 pm meet with all embassadors in Thailand at Ministry of Foreign Affair.

The Thai authorities are expected to brief Thai economic policies to the embassadors.

The embassadors have already met Prime Minister Surayud Chulanont in the morning at the ministry. - The Nation

Anoma Srisukkasem