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Slowing industries limit Siemens – But it expects higher turnover in 2009

May 26th, 2009 · No Comments


The global recession and domestic political turmoil have clipped Siemens Thailand’s growth expectations this year but the company still expects its turnover to increase in 2009, says CEO Anthony Chay. The impact of slumping global demand on Thailand’s heavily export-oriented economy is the major factor crimping the profits of Siemens’ industry-dependent operations. Read more…

Tags: Bangkok Post · business · industry

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