Skip to content

Thai Political Vacuum May Dent Investor Confidence, Analysts Say

Bloomberg business news
Thai Court Suspends Prayuth From Prime Minister Duties

The suspension of Prime Minister Prayuth Chan-Ocha’s powers by Thailand’s constitutional court is seen denting investor confidence at a time the nation has been actively wooing overseas investors, though the direct economic impact is likely to be muted, according to analysts.

Political risks may delay investment decisions by companies that were planning to move production facilities to Thailand, according to Amonthep Chawla, head of research at CIMB Thai Bank Pcl in Bangkok. The uncertainty creates a disadvantage against nearby countries such as Vietnam, he said.