Fractious Politics Dampen Thai Business

Fractious Politics Dampen Thai Business - Oxford Analytica, January 15, 2008
...Conditions for foreign investors have deteriorated since the 2006 coup that ousted former Prime Minister Thaksin Shinawatra; an increase in nationalism has coincided with a slowdown in growth. The Japan External Trade Organization warned last month that an increasing number of Japanese companies were relocating to Vietnam due to political uncertainties, as well as rising production costs caused by output constraints. Electronics and automotive industries--Japan's two leading manufacturing segments--have led the exodus. New restrictions on foreign investors have caused particular concern, as well as the extent to which the state is maintaining a role in the economy...
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