Economists warn protests a threat to investment, Trade | Bangkok Post: news

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Economists warn protests a threat to investment, Trade

The business sector is worried that tension on the streets of Bangkok could undermine trade and investment, Supawut Saichua, managing director for research of Phatra Securities Public Company Limited, said.

Mr Supawut said some foreign investors did not fully understand the evolving political situation in the wake of yesterday's Pitak Siam rally.

The investors did not anticipate any violence during the anti-government demonstration, Mr Supawut said, but they had seen reports of police using tear gas to keep the protesters from advancing to the Royal Plaza, where the political demonstration was being held.

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Your comments

  • Discussion 3 : 25 Nov 2012 at 13.173

    I would question whose caused the violence,the heavy handed police,infiltrated red shirts or the legitimate protesters.Seeing the TV coverage of the closing of the demonstration all the people I saw were mature law abiding people and there for not likely to cause an affray.

  • upena

    ThailandPost : 1,455

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    Discussion 2 : 25 Nov 2012 at 09.012

    Waiting for the Ministry of Tourism and Sports and/or the Tourism Authority of Thailand to let us know that the rally had no impact on tourism.

  • meme

    ThailandPost : 1,159

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    Discussion 1 : 25 Nov 2012 at 02.151

    Less foreign investment means less opportunities for the fugitive and his cronies to pocket our money. No wonder they are concerned ...

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