On Sunday 28 December 2008 at 09.00 a.m. Director of Ratchapat University with the help of Police Senior Sergeant Major Nok-Keay Lahboot has organized seminar for 300 students. In attendance at the seminar was Director General of Grand Hotel Dr. Roongroch Silueng-sawasdi and President of Chamber of Commerce of Prachoupkhirikhan Province Khun Panchai Kitcharayotin. Subject of the seminar was ‘World in Crisis’.

Leader of the students has welcomed seminar speaker Vice Rector of Ratchapat University Vice Professor Rawiwong Sritongroong. She said that she was very pleased that the seminar has been organized and has wished everybody a better new year 2009.

Dr. Roongroch Silueng-sawasdi spoke about Hua Hin’s economy. The main income is from tourist sector which is about 2,000 million baht/year and grew at about 5.8 % per year. Unfortunately the unstable political situation in Thailand has reduced this income by about 20-30 % and the effect of the worldwide economic crisis has reduced income further. The latest forecast estimate that Hua Hin local economy will earn from tourism 30-40 % less in comparison to previous years. This will be some how compensated from Thai tourists who always come to Hua Hin. It is essential that everybody manages their businesses in a very economic way and that they don’t make extravagant purchases.

Khun Panchai Kitcharayotin, a president of Chamber of Commerce has explained what has triggered the world crisis and how it might affect Thailand.

Reported by Khun Tuck Dechapanya

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