Business leaders are calling on elected politicians and all in parliament to act in the country’s best interests as economic damage is already being inflicted with a loss of confidence among investors and potential tourists. Thailand does not have a good track record due to the highly damaging events in 2006 and 2014 and cannot afford to play with fire again.
Business leaders are warning that confidence in the kingdom is on the line in a week which has seen Thailand again embroiled in political deadlock which is regarded internationally as a potential repeat of what the country experienced in 2006 or 2014 unless a speedy resolution is brokered among the political class. Investors, in the meantime, are moving capital out of Thailand with Vietnam continuing to be a major beneficiary of the kingdom’s political wars.
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