Emergency status threatens to dampen investment climate | Bangkok Post: business

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Emergency status threatens to dampen investment climate

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  • Newspaper section: Business
  • Writer: Nanchanok Wongsamuth & Nop Tephaval
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Business leaders have expressed concern that foreign companies may put their investment decisions on hold as the emergency decree invoked two days ago further dampens the investment climate in Thailand. 

Simon Landy, chairman of the British Chamber of Commerce, said imposing a state of emergency makes a very big impact on foreign direct investment (FDI).

"[The decree] is almost like the government confirming the problems. Whereas before they [investors] were waiting to make decisions, now they are more likely to put decisions on hold for a period of time," he said.

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