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Thailand: Property prices still manageable

Posted on 18 February 2013

Property prices in some areas have quickly increased but they will not affect the entire economy, Bank of Thailand governor Prasarn Trairatvorakul said on Sunday.
“The BoT does not see that the property price hike is caused by speculative inflows,” Mr Prasarn said after the private sector called on the central bank to slow foreign capital inflows and tackle the bubble in the bond, stock and property markets. He said the problem is not at a dangerous level and the BoT is still monitoring the situation………………………………………..Full Article: Source


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