Thai language history
Approximately 50 million people speak Thai worldwide. It is used by about 85% of the population in Thailand, as well as by small groups of people in the United States, the United Arab Emirates, and Singapore. Thai stipulates different ways to address people to show varying degrees of respect or to acknowledge a person’s social rank. For example, there are particles that can be added at the end of a sentence to indicate deference to the person being spoken to, or to communicate the speaker’s opinion about what is being described.
Thailand’s economy will remain one of the fastest growing in East Asia for the next several years. The country’s GDP growth rate hit 6.7 percent in 2003, among the highest growth rates in the world. Projected GDP growth in 2004 is 7 to 8 percent. A key factor in the strong economic growth – second only to China’s in East Asia – is strong consumer demand and domestic economic activity sustained by the Bank of Thailand.
The lack of any meaningful inflation combined with a relatively stable currency has given the monetary authorities the ability to loosen monetary policy in a way not seen since before the currency crisis in 1997. Reflecting the positive growth trend, Thailand’s key stock market index has nearly doubled in value and is one of the best performing stock markets in the world in either local or dollar terms.
Thai language history Approximately 50 million people speak Thai worldwide. It is used by about 85% of the population in Thailand, as well as by small groups of people in the United States, the United Arab Emirates, and Singapore. Thai stipulates different ways to address people to show varying degrees of respect or to acknowledge a person’s social rank. For example, there are particles that can be added at the end of a sentence to indicate deference to the person being spoken to, or to communicate the speaker’s opinion about what is being described. Thailand’s economy will remain one of the fastest growing in East Asia for the next several years. The country’s GDP growth rate hit 6.7 percent in 2003, among the highest growth rates in the world. Projected GDP growth in 2004 is 7 to 8 percent. A key factor in the strong economic growth – second only to China’s in East Asia – is strong consumer demand and domestic economic activity sustained by the Bank of Thailand. The lack of any meaningful inflation combined with a relatively stable currency has given the monetary authorities the ability to loosen monetary policy in a way not seen since before the currency crisis in 1997. Reflecting the positive growth trend, Thailand’s key stock market index has nearly doubled in value and is one of the best performing stock markets in the world in either local or dollar terms.
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