Economics
Thailand Resilience Eroding as Protests Sap Confidence: Economy
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Thailand’s economy has withstood coups and regime-changing protests for decades, luring manufacturers including Toyota Motor Corp. even when turmoil dented stocks and the baht. This time may be tougher.
Demonstrators in Bangkok seeking to oust Prime Minister Yingluck Shinawatra sparked the most violent anti-government clashes in more than three years, raising the risk of the third removal of an elected leader since August 2006. Foreign investors sold a net $1.5 billion of Thai shares last month, the most among 10 Asian markets tracked by Bloomberg.