Thai political stability lifts stocks

Stocks shine as Thais, Filipinos nurture stability – AP, October 17, 2012
…Local stock brokers were resigned to the Thai market lagging its potential but the landslide election victory in 2011 of a pro-Thaksin party and the popularity of the country’s first female prime minister, Thaksin’s younger sister Yingluck, have boosted confidence. Lately, Thai stocks have also got a fillip from big spending government policies that include efforts to overhaul flood defenses after a widespread inundation wrecked industry last year…

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