A very positive portrayal of Thai markets and economic potential by Reuters reporter Viparat Jantraprap in a news story today.
A few key excerpts:
1) Renewed attention on Thailand, one of the biggest Southeast Asian economies, is drawing comparisons with Indonesia, the region's top economy and a long-time emerging market favorite.
2) Investors see the peaceful protests as a turning point, and the economy is rebounding quickly. "The demonstrations have by and large been peaceful and this is taken as encouragement Thailand will see relative political stability going forward, enough for an acceleration of growth," said Frederic Neumann, an economist with HSBC.
The complete story:
http://uk.reuters.com/article/idUKLNE62L02820100322
Monday, March 22, 2010
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