Thailand’s investors spooked by ‘forgiveness’

Thailand’s investors spooked by ‘forgiveness’ – CNBC, November 7, 2013
…Even before the latest political tension, Thailand’s market faced a series of headwinds.
“Other than hopes of a rise in export demand, there is little in the pipeline by way of upside to the outlook. In contrast, downside risks abound, from consumption and investment, both of which seem to have peaked for the time being, to uncertainty about the government’s much anticipated THB2 trillion infrastructure investment program,” Taimur Baig, chief economist at Deutsche Bank, said in a note, adding the latest economic data “make for grim reading…”

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