Myanmar coup means huge losses
Border trade poised to lose B50m a day
Thailand is estimated to forego about 50 million baht a day from inconvenient transportation of goods and strict security checks by Myanmar’s military administration.
According to Aat Pisanwanich, director of the Center for International Trade Studies at the University of the Thai Chamber of Commerce, the impact would be protracted to more than 1.5-2 billion baht a month if tight security inspections continue.
“We expect Myanmar’s political crisis to return to normal in the second month,” said Mr Aat. “However, we need to follow up political stances of the United States,…
