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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Weekend Edition Singapore Asia Pacific World Thai exports log sharpest rise in five months AFP - Tuesday, December 21 Send IM Story Print Thai exports log sharpest rise in five months Slideshow: Full Photo Coverage: Business & Economy BANGKOK (AFP) - – Thailand's exports rose at the fastest pace in five months in November from a year earlier, government data showed on Monday, easing concerns about the outlook for its economy. Helped by strong demand for rice, Thai shipments jumped 28.5 percent from the same period of 2009, to 17.69 billion dollars, the commerce ministry said. It was the 13th consecutive monthly rise and the sharpest increase since a leap of 46.3 percent in June -- the biggest on record. Imports grew at an even faster pace last month, soaring 35.3 percent to 17.29 billion dollars on increased demand for fuel, the data showed. As a result, the country posted a November trade surplus of 407.9 million dollars, down 59.1 percent from a year earlier. Last month Thailand revised up its export growth target to about 25 percent in 2010, from a previous projection of 20 percent. The latest data eased concern about an economy that slipped back into technical recession with a second straight quarterly contraction in the three months to September, due to a strong baht and a weak global economy. Policymakers also appear upbeat about the outlook. The Bank of Thailand raised its key interest rate earlier this month to 2.0 percent saying the country's economic fundamentals remained strong. The Thai economy has shown resilience following mass opposition protests in April and May which sparked violence that left more than 90 people dead, scared off foreign tourists and paralysed the retail heart of the capital. Recommend Send IM Story Print Related Articles Russian potash miner Uralkali to buy Silvinit Reuters - 23 minutes ago Indonesia's Djarum Group buys BCA shares worth $382 mln-sources Reuters - 28 minutes ago US-BUSINESS Summary Reuters - 32 minutes ago New York prosecutors set to sue Ernst & Young: report Reuters - 32 minutes ago MOVES-Sanford Bernstein, Southwest Bancorp Reuters - 32 minutes ago News Search Top Stories Spain makes progress, but huge reforms vital: OECD Fears over crime fuelled by smartphone craze Red Moon: Lunar eclipse to make memorable solstice Indian PM has 'nothing to hide' in telecom scandal Spain makes progress, but huge reform needed: OECD More Top Stories » Related Full Coverage China Economychina economy All Full Coverage » ADVERTISEMENT Most Popular Most Viewed Most Recommended Scientists find gene clue to 130 brain diseases Red Moon: Lunar eclipse to make memorable solstice Parents didn't want Sonia to wed Rajiv Gandhi: cables Rebels hold Afghan army centre after deadly attack Christmas getaway misery as snow stymies Europe More Most Viewed » NASA finds new form of life... on Earth Defiant Obama defends tax cuts, eyes 2012 More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Weekend Edition Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo! Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Entertainment Photos Yahoo! News Network Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

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