As the world watches Thailand's military take control of
the government in a coup, our Bangkok-based Associate Director for
Global Business Development says that potential investors
shouldn't abandon ship just yet.
After months of protests and riots, the Thai military finally
had enough yesterday; it took control of the government, suspended
the constitution and vowed to restore order and enact political
reforms.
While the notion of a military coup is not always considered
welcome, in this case, it could well prove to be the best thing for
Thailand.
Modern history has been soundly covered around the world but in
terms of business confidence in Thailand little seems to have
changed. One would expect more than half a year of economic
protests to cause a stock market dive, but in recent weeks the
stock market has actually been slowly creeping up. There is growing
investor sentiment that the problems are being resolved.
