Exporters worried about baht policy
Exporters are uncomfortable with the prospect of a strengthening baht, as they want a stable exchange rate to help them keep pace amid tough global competition
Exporters are uncomfortable with the prospect of a strengthening baht, as they want a stable exchange rate to help them keep pace amid tough global competition
As the dust settles on Pheu Thai’s landslide victory, the political situation in Thailand has become clearer but the economic situation for the property sector is still ambiguous.
Stock investors reacted positively to the election result, with the Stock Exchange of Thailand Composite Index opening 33.48 points or 3.21 per cent higher.
If implemented, the political parties' election campaign promises, and their populist policies in particular.
Securities analysts have a positive view of the Thai stock market after the general election due to growing earnings.
The Thai Chamber of Commerce (TCC) has expressed strong concern over populist policies launched by political parties that it says will undermine consumer and investor confidence.
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