Thailands government is under financial pressure to pay rice farmers billions of dollars for rice it promised to buy at higher than market prices. Now, the government is having trouble finding the money to pay the farmers. Banks have been unwilling to loan money for the plan.
Foreign investors have also been pulling back from the Thai stock market since political protests began in November.
Andrew McBean is a partner with Grant Thornton Thailand, a business advisory service. He says the fact that the elections were largely peaceful was a hopeful sign.
Still, Thailands tourist industry has been hurt by the unrest in the capital, Bangkok. More than 40 countries have announced travel alerts. And tourism officials estimated losses for the month of January alone at $685 million.
The Thai economy has recovered from earlier political and economic problems. But continuing unrest may make it harder for foreigners to want to return as they have in the past.
Im Christopher Cruise.
And Im Jonathan Evans. You are listening to As It Is from Learning English.
Automobile manufacturing in Australia could face serious cuts. Japanese automaker Toyota recently announced it would to stop manufacturing cars in the country. We hear more from Mario Ritter.
Japanese Carmaker Toyota to Pull Out of Australia
【2014英语四级听力练习慢速4.13(1)】相关文章:
最新
2017-01-16
2016-10-21
2016-10-08
2016-10-08
2016-10-08
2016-10-08