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September 25th, 2012
Thai Stocks Get Boost from Infrastructure Push

The Thai government is planning to spend more than 2.2 trillion baht ($71.1 billion) over the next seven years to build railways and roads and another 350 billion baht ($11.3 billion) on infrastructure to prevent a repeat of the devastating 2011 floods that dragged economic growth down to just 0.1 percent for the year. This spending, which will be partly financed by the private sector, will boost the Thai economy, analysts say. Read More