THAILAND
- Share via
Trade Deficit Jumps: Thailand’s trade deficit registered a 75.6% rise in February compared to the same month last year because of increased purchases of factory machinery and foreign cars, according to a central bank official. The Bank of Thailand’s latest trade figures show a deficit of $866 million in February, with exports of $2.26 billion, up 21.6% from February, 1992, and imports of $3.62 billion, an increase of 31.1%. “We’re seeing a return to much-needed investment in capital goods, mainly machinery,” said Pisit Leeahtham, director of the governor’s office.
More to Read
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.