… So you should listen. Religiously.
If you don’t understand my title, have a look here : The Gallery of the Frankenstein Government.
The Commerce Minister had some… links with… Poseidon, a famous… special… massage parlor (ah ah ah) on Ratchada in Bangkok.
Ready ? Go.
Commerce Minister Pornthiva Nakasai on Thursday said she still hopes this year’s export growth would be between zero and three per cent albeit many agencies forecast that it would face a negative growth. (Bangkok Post)
Pornthiva needs to understand that a growth of zero percent doesn’t mean much. 😉 However, we can praise her enthusiasm and optimism…
The Ministry of Commerce would not lose face even if exports may fall because the ministry will continue working to its potential and will not be discouraged, according to Mrs Pornthiva.
Mai pen rai that the cause of her optimism is totally inane : to not lose face. But we do feel confident : she’s working.
If the government adjusts some regulations and facilitates traders, the export figures should grow as initially projected, the minister said, adding that Thai commerce officials stationed overseas were assigned to conduct in-depth marketing reports and monitor foreign markets closely.
This is an impressive plan. To conduct in-depth (the “in-depth” is very important) marketing reports will of course create (from thin air) more demand in those countries. Businesses and people will certainly become more solvent and will buy more thai goods. Just to please Pornthiva. It’s important to please Pornthiva.
She said there are still new markets for Thai products to explore after imports in the United States plunged because of the economic crisis.
Besides the US and Chinese markets, Thai exporters can still penetrate other markets in Russia and the Commonwealth of Independent States (CIS), she said.
New markets ? Where ? On the moon ? In another solar system ?
Have a look at thai exports per destination (chart here). Russia ? Russia’s economy is going south, very quickly, and with a currency in free fall… I repeat : free fall.
“The ruble slumped 35 percent against the dollar since August” (Bloomberg). Thailand is exporting in USD… Pornthiva should be ashamed of her grotesque ignorance.
In those conditions, to say that this country can import more from Thailand is not just deeply stupid : it’s also highly entertaining. 😉
Anyway. We should thank the Minister for her brillant thoughts about thai exports. We certainly feel more confident. I do.
Now, it’s time for me to go to the… massage parlor. To relax myself. 😉 Bonne nuit.